Commodity News

Gold loses momentum ahead of $1,480 as focus remains on trade, FOMC
Gold loses momentum ahead of $1,480 as focus remains on trade, FOMC
Wall Street looks to open in negative territory on Wednesday. US Dollar Index clings to recovery gains near 98. 10-year US Treasury...
Commodity News 1 hours ago
WTI extends the bounce off recent lows, targets $56.00 ahead of EIA
WTI extends the bounce off recent lows, targets $56.00 ahead of EIA
WTI approaches the $56.00 mark on Wednesday. The API reported a nearly 6M barrel build late on Tuesday. The weekly report on US sup...
Commodity News 2 hours ago
Saudi King Salman: Oil policy aims for stability of global oil market
Saudi King Salman: Oil policy aims for stability of global oil market
Saudi Arabia's oil policy aims for the stability of the global oil market, serving producers and consumers alike, Saudi Arabia'...
Commodity News 2 hours ago
Russia's Novak: Oil demand growth in 2020 to be around 1 million bpd
Russia's Novak: Oil demand growth in 2020 to be around 1 million bpd
The global oil demand growth in 2020 is expected to be around one million barrels per day, Russia's Energy Minister Alexander...
Commodity News 4 hours ago
WTI hits fresh three-week lows below $ 55 on US-China risks, EIA eyed
WTI hits fresh three-week lows below $ 55 on US-China risks, EIA eyed
Oil attempts a tepid bounce from sub-55 levels, will it last? US’ Hong Kong bill intensifies US-China political tensions, den...
Commodity News 5 hours ago
Gold Price News & Forecast: XAU/USD $1,475 continues to cap upside
Gold Price News & Forecast: XAU/USD $1,475 continues to cap upside
Gold technical analysis: $1,475 continues to cap upside The yellow metal is currently trading at $1,473 per Oz, having hit a high of $...
Commodity News 6 hours ago
Gold climbs to near 2-week tops, beyond $1475 supply zone
Gold climbs to near 2-week tops, beyond $1475 supply zone
US-China trade uncertainty benefitted the commodity’s safe-haven status. A sharp fall in the US bond yields remained supportiv...
Commodity News 7 hours ago
USD/CAD: Bulls cheer WTI weakness, risk-off ahead of Canadian CPI
USD/CAD: Bulls cheer WTI weakness, risk-off ahead of Canadian CPI
USD/CAD seesaws near the five-week high. Speculations that Russia will backtrack from production cuts, surprise build in API stockpi...
Commodity News 11 hours ago
Gold technical analysis: $1,475 continues to cap upside
Gold technical analysis: $1,475 continues to cap upside
Gold is struggling to beat the newfound resistance at $1,475.  The daily chart shows the recent bounce has run out of...
Commodity News 11 hours ago
Gold struggles to gain altitude despite renewed US-China political tensions
Gold struggles to gain altitude despite renewed US-China political tensions
Gold remains trapped in $1,470-$1,475 range despite fresh US-China political tensions.  China reduced the one-year and five-yea...
Commodity News 13 hours ago
Gold better-bid in the continuation of upside correction to a 23.6% Fibo target
Gold better-bid in the continuation of upside correction to a 23.6% Fibo target
Gold bulls in control as trade wars remain a prominent factor in risk-off tones. Bulls seek out the critical upside targets and Fib...
Commodity News 15 hours ago
WTI drops to 13-day low after surprise API inventory build follows supply concerns
WTI drops to 13-day low after surprise API inventory build follows supply concerns
WTI revisits November-start area after increase in private inventory reports. The energy benchmark previously declined on concerns t...
Commodity News 16 hours ago
United States API Weekly Crude Oil Stock rose from previous -0.5M to 5.954M in November 15
United States API Weekly Crude Oil Stock rose from previous -0.5M to 5.954M in November 15
...
Commodity News 17 hours ago
Gold advances beyond $1,470 as US T-bond yields extend slide
Gold advances beyond $1,470 as US T-bond yields extend slide
10-year US Treasury bond yield erases nearly 2% on Tuesday. US President Trump threatens to raise tariffs if there is no deal with C...
Commodity News 21 hours ago
Oil Technical Analysis: WTI drops to 11-day lows, sub-$56.00 a barrel
Oil Technical Analysis: WTI drops to 11-day lows, sub-$56.00 a barrel
After several days of range, WTI eventually dropped to 11-day lows.  The level to beat for bears is the 55.50 support.  ...
Commodity News 22 hours ago
Gold price news & forecast: XAU/USD Once again fails near $1475 level
Gold price news & forecast: XAU/USD Once again fails near $1475 level
XAU/USD Once again fails near $1475 level Gold failed to capitalize on its early uptick to over one-week tops and once again started r...
Commodity News 1 days ago
Gold Technical Analysis: Once again fails near $1475 level, previous support-turned-resistance
Gold Technical Analysis: Once again fails near $1475 level, previous support-turned-resistance
Erases the previous session’s modest uptick amid fading safe-haven demand. Bearish traders might aim towards testing monthly l...
Commodity News 1 days ago
WTI fades a bounce above $ 57 despite risk reset, focus on trade, API
WTI fades a bounce above $ 57 despite risk reset, focus on trade, API
Oil fails to benefit from a return of risk appetite in Europe. The bounce sold-off into looming US-China trade deal uncertainty. A...
Commodity News 1 days ago
Gold Prices News & Prediction: XAU/USD 100-day SMA, 11-week-old trendline, cap immediate recovery
Gold Prices News & Prediction: XAU/USD 100-day SMA, 11-week-old trendline, cap immediate recovery
Gold Technical Analysis: 100-day SMA, 11-week-old trendline, cap immediate recovery Prices are likely to revisit the 38.2% Fibonacci r...
Commodity News 1 days ago
Gold trades with modest losses around $1470 region
Gold trades with modest losses around $1470 region
Renewed US-China trade uncertainty helped gain some traction on Monday. Stability in equity markets, positive US bond yields kept a...
Commodity News 1 days ago
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