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Copper: Demand concerns outweigh disappointing production and potential shortfalls – Commerzbank
At the end of last week, the world's largest Copper mine producer based in Chile reported an 8.4% year-on-year decline in Copper output for the first half of the year, Commerzbank’s commodity analyst Barbara Lambrecht notes.Fxstreet
Jul 30, 2024
Oil market unimpressed by tensions in the Middle East and situation in Venezuela – Commerzbank
Hopes of a ceasefire in the Gaza war were seriously dampened at the weekend by a devastating rocket attack on the Israeli-occupied Golan Heights, allegedly carried out by the Shiite Hezbollah militia, Commerzbank’s commodity analyst Carsten Fritsch notes.
Fxstreet
Jul 30, 2024
Silver Price Analysis: XAG/USD falls and consolidates below $28.00
Silver prices traded within the 80 cents trading range, yet they lost close to 0.20% on Monday, as traders braced for a busy US economic schedule that would include crucial events such as the Federal Reserve’s monetary policy decision and the latest Nonfarm Payrolls report.Fxstreet
Jul 29, 2024
UBS: Investors should stay long silver, further pullbacks should be short-lived
Investing.com -- UBS Global Research, in a note dated July 26, has maintained its positive stance on silver Silver Futures despite the recent sharp price decline, attributing the volatility to a combiInvesting.com
Jul 29, 2024
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.Fxstreet
Jul 29, 2024
