Commodities News

The Labor Department reported on Wednesday is producer price index (PPI) for final demand edged lower by 0.1 percent last month after being unchanged in July. The drop in the PPI was the first since February 2017. Economists were looking for an increase of 0.2 percent in August. Crude oil

Gold Range-bound as dollar lacks the strength to make breakout despite cues from trade war proceedings between China and US while Crude oil price goes up on news of Hurricane Florence and Libyan shooting.

In response to recent trade related sanctions made by USA, Turkey, Iran & Russia Have Decided to Conduct Bilateral Trades in Their Own Currencies To Avoid Use of USD while Gold trade flat as prospect of rate hike in near future decreased demand for spot gold.

Trade war updates to remain main driving force of precious metals as dollar price action is greatly affected by public sentiment resulting from trade war updates.

Recent dip in USD price action has helped Gold and Silver to gain momentum in spot market.

Gold inched up on early Asian market hours but faced resistance as worries of looming U.S. tariffs on China kept dollar firm in the broad market.

Precious metals move up on uncertainties stemming from emerging market currency crisis but upside limited as USD is strong in the broad market.

Precious metals are expected to see continued downtrend movement as trade war woes boost US Greenback.

At the start of the week, stock market investors will be tuned into the resumption of trade negotiations between the United States and Canada. Early last week, global equity markets were supported by the announcement of a new trade deal between the U.S. and Mexico. Safe-haven demand is helping to

Gold slightly fell on Monday as the dollar remained firm on worries over intensifying Sino-U.S. trade tensions.

U.S. West Texas Intermediate and international-benchmark crude oil bulls took a breather on Friday after rallying more than $7.00 per barrel since August 16. December Comex Gold futures finished slightly better on Friday as investors tried to make sense of the on-going trade disputes.

Gold prices edge up, but still set for longest monthly losing streak since 2013

Precious metals make downward movement on increasing strength of US Greenback while oil price grows slightly up on supply disruption concerns.

Prospect of strong USD in long term owing to Fed rate hikes weigh down precious metals while Sino-U.S. trade wars is dampening US Crude market.

Precious Metals Continue Uptrend Movement But Upside Limited As USD Rebounds in Broad Market. Gold price remains steady but loses the bullish momentum.

Gold prices rise on Monday morning on Jerome Powell’s comments on Friday signaling a gradual approach to interest rate hikes.

Gold rose on Friday as the dollar eased and markets awaited a speech by the Federal Reserve chairman Jerome Powell

Precious metals move down as Dollar gains strength from hawkish Fed update despite facing pressure from Trump woes that capped downside movement.

Precious metals move up as trade war fears rise amid weak US greenback over trump’s comments.

Trump’s comment on Fed rate decision weighed down USD giving precious metals an opportunity to move up. Any further move in near future could be dictated by various geo-political events that affect key global markets.