Commodities News
- James Hyerczyk
After consolidating on the daily chart for several days, natural gas futures finally blasted through short-term resistance to change the trend to up. U.S. West Texas Intermediate and international-benchmark crude oil futures tumbled nearly 2-percent on Friday as some of the positive vibe generated by U.S.-China trade hopes gave way
- Colin First
Gold continues to gain despite risk on trading activity as dollar’s long term outlook turned dovish on Powell’s speech while geo-political issues continue to underpin demand for safe haven assets.
- Colin First
Overnight decline in USD price action in broad market and increased physical demand from major markets boost gold price despite increased risk appetite in broad market.
- Colin First
Gold and Silver declines as equity and forex markets trade positive but weak USD in broad market helped limit losses.
- Colin First
Gold slides down from weekly high’s but managed to retain bullish price action on weak US Greenback despite rebound.
- Colin First
Precious metals trade positive on weak greenback despite increased risk appetite as investors are divided on their approach towards risk asset in broad market.
- James Hyerczyk
U.S. West Texas Intermediate and international-benchmark crude oil futures rallied on Friday, led by increased demand for higher-risk assets. Profit-takers and new short-sellers re-emerged on Friday in response to a bullish U.S. Non-Farm Payrolls report and dovish remarks from Fed Chair Jerome Powell. Natural gas prices posted a modest gain
- Colin First
Gold declines post hitting intra-day high on positive cues from news of talks between China & U.S.A
- Colin First
Precious metals continue bullish price action on cautious investor stance ahead as investors await Fed Chair Powell views and non-farm payrolls scheduled to release tomorrow.
- James Hyerczyk
Gold hit its highest level since June 20 on Wednesday, helped by weaker equity prices which increased its appeal as a safe-haven asset. Crude oil rallied on Wednesday, boosted by signs of tighter supplies from Saudi Arabia. After a promising opening to the new year, natural gas prices fell after
- James Hyerczyk
A recovery in crude oil prices helped trigger the initial rebound in the equity markets. Oil prices were bolstered by signs of tighter supplies from Saudi Arabia that offset record output in the United States and Russia. The S&P 500 Energy Sector rose 2.1 percent on the news, led by
- Colin First
Gold opens 2019 on positive note as safe haven demand boosts price to new six month highs.
- James Hyerczyk
U.S. West Texas Intermediate and international-benchmark Brent crude oil settled slightly higher on Monday with most of the price action guided by the higher stock market. Gold edged lower on Monday after hitting a 6-month high early in the session. Concerns over the weather and its impact on heating demand
- Colin First
Precious metals steady on safe haven demand despite boost in equity markets on last trading session of the week.
- James Hyerczyk
A slowdown in the global economy and especially signs of a recession in the U.S. should continue to put pressure on U.S. interest rates and the U.S. Dollar. This should continue to underpin gold prices. Palladium could continue to be a big winner in 2019 because of increasing demand for
- James Hyerczyk
End-of-the-year profit-taking and position-squaring helped U.S. West Texas Intermediate and international-benchmark crude oil finish higher on Friday although the move was not enough to prevent a third straight week of losses. Natural gas futures fell on Friday after a report from the EIA showed that domestic supplies of natural gas
- Colin First
Gold set for second consecutive weekly gain while crude oil price rebounds once again.
- James Hyerczyk
The American Petroleum Institute (API) reported an unexpected crude oil inventory build of 6.9 million barrels for the week-ending December 21. Natural gas futures posted another wide trading range on Thursday as investors primarily ignored potentially bearish weather reports, reacting instead to the expiration of the January futures contract. Gold futures
- Colin First
Precious metals trade in red on equity rebound but gold is supported by broad based safe haven demand.
- James Hyerczyk
U.S. West Texas Intermediate and international benchmark crude oil futures posted their strongest daily performance in more than two years on Wednesday on short-covering and position-squaring amid steep gains in the U.S. stock market. Natural gas futures finished a volatile trading by posting a potentially bullish closing price reversal bottom