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Gold price trades with mild positive bias; lacks bullish conviction amid risk-on mood
Gold price (XAU/USD) once again showed some resilience below the 50-day Simple Moving Average (SMA) on Friday and staged a modest recovery from the vicinity of over a two-week low touched the previous day.
Gold
Fxstreet
Jul 29, 2024
Oil prices flat with Israel-Hezbollah tensions in focus
Investing.com-- Oil prices were flat in Asian trade on Monday as a missile strike on an Israel-occupied territory ramped up concerns over a greater conflict with Lebanese group Hezbollah.But gains in
Investing.com
Jul 29, 2024
Gold price rebounds off two-week lows amid lower US yields
Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the September meeting, following a soft inflation report.
Gold
Fxstreet
Jul 26, 2024
United States Baker Hughes US Oil Rig Count increased to 482 from previous 477
United States Baker Hughes US Oil Rig Count increased to 482 from previous 477
Fxstreet
Jul 26, 2024
Gold price falls back from historic heights – Commerzbank
Gold has fallen in recent days, but after a price increase of almost $200 between the end of June and mid-July, Commerzbank’s Commodity Analyst Barbara Lambrecht notes.
Gold
Fxstreet
Jul 26, 2024
Oil prices remain under pressure this week – Commerzbank
Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s Commodity Analyst Barbara Lambrecht notes.
Fxstreet
Jul 26, 2024
Major oil producers may withdraw again – Commerzbank
The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At this price level, the cartel had decided in the past to cut production in order to stabilise the market, Commerzbank’s commodity analyst Barbara Lambrecht notes.
WTI
Fxstreet
Jul 26, 2024
Should you buy a dip in copper prices? UBS discusses
The recent dip in copper prices has investors questioning whether now is the time to buy. UBS analysts have weighed in, providing a nuanced view on the current and future outlook for copper.According
Investing.com
Jul 26, 2024
Silver Price Forecast: XAG/USD retreats from $28 amid uncertainty ahead of US core PCE Inflation
Silver price (XAG/USD) falls back after a short-lived pullback move to near $28.00 in Friday’s European session.
Silver
Fxstreet
Jul 26, 2024
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver
Fxstreet
Jul 26, 2024
Gold bounces off 50-day SMA after US GDP-inspired decline
Gold trades in the $2,360s per ounce on Friday after recovering from the 50-day Simple Moving Average (SMA), as technical traders scalp the bounce after the steep drop of the previous day.
Gold
Fxstreet
Jul 26, 2024
WTI hovers around $78.00, steadies ahead of US PCE inflation
West Texas Intermediate (WTI) Oil price holds mild losses, possibly driven by better-than-expected US economic data.
WTI
Fxstreet
Jul 26, 2024
India Gold price Friday: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Jul 26, 2024
Gold prices rise but nurse weekly losses with PCE data on tap
Investing.com-- Gold prices rose in Asian trade on Friday but were nursing steep losses through the week as traders remained largely biased towards the dollar before more cues on interest rates in the
Investing.com
Jul 26, 2024
Gold price rebounds from two-week low amid softer USD, US PCE eyed for fresh impetus
Gold price (XAU/USD) witnessed heavy selling following the release of the upbeat US macro data and dived to its lowest level in over two weeks on Thursday.
Gold
Fxstreet
Jul 26, 2024
Oil prices steady on strong US GDP, but set for third week in red
Investing.com-- Oil prices steadied in Asian trade on Friday, taking some support from positive U.S. gross domestic product data, but concerns over sluggish demand conditions in Asia put crude on cour
Investing.com
Jul 26, 2024
Copper: Demand expectations melt down – TDS
Prices are more likely to overshoot to the downside, notwithstanding the likely overly pessimistic sentiment surrounding demand, TDS senior commodity strategist Daniel Ghali notes.
Fxstreet
Jul 25, 2024
Platinum is under a threat of a sell-off – TDS
Acute pressures on the precious metals complex may finally push prices beyond the range where algo traders are likely to be whipsawed, TDS senior commodity strategist Daniel Ghali notes.
Fxstreet
Jul 25, 2024
Gold positioning landscape still points to further downside – TDS
Does the sell-off in Gold still have room to run? Experts at TDS warned that the window for downside in prices was open, given for the first time in months, asymmetries in positioning risks skewed to the downside, TDS senior commodity strategist Daniel Ghali notes.
Gold
Fxstreet
Jul 25, 2024
Gold extends correction on technical selling and robust PMI data
Gold (XAU/USD) weakens on Thursday, trading over a percentage point lower in the $2,370s amid widespread declines in stocks and commodities driven by global growth concerns.
Gold
Fxstreet
Jul 25, 2024
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