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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
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.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.
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