Commodities News

Concerns of slowdown in global economy weighs demand for crude oil leading to decline in price while at same time boosted demand for safe-haven assets resulting in Yellow metal trading in green.

Gold and silver are trding positive to sideways on Wednesday, while the news is on Palladium, which is testing the crucial 1,500 support.

Turnaround Tuesday on precious metals as gold, silver and palladium are trading lower amid risk appetite.

Gold and silver decline on improved risk appetite but downside limited on cautious investor sentiment.

Dovish cues from US Wall Street and a decline in Asian & European equities on concerns of economic slowdown boosts precious metals but weigh crude oil price in the broad market.

Gold and silver opened the week with gains amid risk aversion. Fear of US recession and deteriorating US Treasury yields are hurting market sentiment.

After weeks of liquidation, professional money managers may have started to return to the long-side of the gold market. According to the latest government data, gold speculators lifted their bullish bets after three down weeks.

Gold gains as poor eurozone data resulted in a sharp decline in European equities.

Gold is trading up on the day despite a stronger dollar, All about Eurozone weak data. Palladium falls amid profit taking ahead of the weekend.

Gold and silver are trding at march highs amid a weak dollar and Fed pause in interest rate hikes.

“The fed funds futures market is assigning a 47.8 percent probability of at least one rate cut by January 29, 2020,” according to the CME’s FedWatch tool. 

Gold and silver are trading down on the day as investors wait for the Fed and traders are positioning on USD. Palladium reaches fresh all-time highs.

Gold declines but caution in the global market owing to geopolitical issues helped prevent high loss.

As USD Remains weak in global market ahead of FOMC update, precious metals trade positive supported by influx of fund from emerging markets.

Gold, silver, and copper are trading up amid dollar weakness. Palladium rallied to all-time highs on speculations of Russian exports ban.

Gold trades positive on weak USD and safe haven demand stemming from Brexit uncertainties.

Metals opened the week with gains amid a weak dollar. Gold and Silver are extending gains while Copper remains in range, but Palladium is at all-time highs.

Gold is trading higher as risk aversion hit the market. Empire States manufacturing index and Michigan Consumer Sentiments are key for the Dollar.

Gold rises on concerns of global economic slowdown while the same factor weighs down crude oil price in global market.

Gold and silver are trading down on the day amid US Dollar rebound. Experts don’t expect big movements in the charts today. All eyes on Brexit.