Commodities News

Gold price is supported fundamentally on its latest bull run as geo-political issues paint bearish picture for major global economies in immediate and near future.

Gold rises on US political uncertainty and concerns of global economic slowdown which boosted safe haven demand in market.

There is some safe-haven buying supporting gold prices today as fed forward guidance renewed fears of US T.Yield curve inversion

The crashes seen in the price of crude oil over the past few months has arguably been the biggest story of the year, with the market tumbling by more than a third since the start of October.

Gold prices climbed to a more than five-month peak during Asian market hours as a softer dollar supported the bullion while investors awaited cues on the rate hike trajectory of the U.S. central bank from its two-day policy meeting.

Concerns over a global supply glut drove U.S. West Texas Intermediate and international-benchmark Brent crude oil futures down over 7% on Tuesday. This news triggered a plunge in shares of top Chinese oil firms. Contributing to the weakness in the energy sector were shares of oil companies which fell across

Gold is looking north ahead of the FOMC rate decision as Dollar is subdued in market ahead of Fed forward guidance.

Soft economic data from China and Europe boost USD’s safe haven demand was weak macro data hints at global economic slowdown.

Saudi Arabia’s plan is pretty clear. Their strategy is to cut exports to the United States in order to prevent a build in U.S. crude oil supply. Since they plan to make their move starting in January, this is likely to have a more immediate effect on prices then predictions

Gold prices flat as dollar steadies and equities pick up positive price action.

Precious metals fall as risk appetite returns on Sino-U.S. trade related optimism.

Gold is mildly bid in Asia tracking losses in the greenback, while crude oil also recovers to some extend after sharp fall in precious session.

Gold trades near recent highs on demand for safe haven asset amid risk averse market and subdued USD price dynamics.

Gold soars on headlines that US Fed is considering whether to signal new “wait-and-see” mentality at December meet

Yellow metal gains as US Dollar is starting to lose its place as safe haven asset among global investors while increasing risk aversion has resulted in fund flow move towards most reliance recession proof asset in history – Gold

We’re not sure if palladium will continue to trade higher than gold, but it is something to note. Both commodities are dollar-denominated so they will benefit from a weaker dollar. The timing may be right for bullish traders because the dollar could weaken if the U.S. Federal Reserve decides to

Precious metals edge down on profit booking activity following yesterday’s upsurge while broad based demand for USD as safe haven asset on increasing worries of global economic slowdown also weighed down dollar denominated precious metals.

precious metals trade positive on subdued dollar and risk appetite in global market.

On Sunday that the Canadian province of Alberta ordered its producers to scale back output by 325,000 bpd until excess crude in storage is reduced. Crude traders were also surprised on Monday by the news that OPEC member Qatar would be leaving the organization on January 1. If more of

Trump and Xi agree on 90-day trade truce to negotiate trade terms and resolve misgiving which resulted in US Greenback moving lower across the board boosting demand for precious metals that are cheap given their huge decline over past few months on Strong US Greenback.