commodities

The precious metal ended Friday above the 1900 level for the first time since 2012. Price is now about $19 away from the all-time highs in 2011. The weekly gains are also the best since March this year. The bullish momentum in gold…
Read More

Gold The yellow metal saw an impressive rally this week, fuelled by the sell-off in the US dollar, which has seen price trading back up towards all-time highs. The dollar has come under significant selling pressure this week as concerns…
Read More

The bullish continuation in the precious metal continues with gold rising close to one percent on Thursday. Intraday prices saw gold rising to highs of 1898.24 before pulling back. Price action is just a few dollars away from the…
Read More

Oil prices are back trading below the 42.00 level. Price action made attempts in breaking out above this key price area. However, sellers promptly pushed prices lower. WTI Crude oil is now trading flat within the 42.00 and 41.00 levels.…
Read More

The precious metal is quite bullish resuming its strong uptrend. Following days of consolidation, the precious metal surged ahead, logging four consecutive sessions of gains. While price has broken past the 1850 level, it is still shy of…
Read More

Oil prices surged ahead with the gains on Tuesday as price briefly traded above the 42.00 handle. However, failure to build upon the momentum saw prices being rejected, pushing crude oil to close below 42.00. At the time of writing,…
Read More

The precious metal is building upon a bullish momentum from last Friday. This has led gold to test the previous nine-year high of 1817.79. However, prices remain muted following the initial retest. A strong breakout above this level is…
Read More

Oil prices are trading lower for the third consecutive session. The declines come following last Wednesday's brief rise to the 41.00 handle. Following this, price action has been trading weaker. For the moment, there is no fundamental…
Read More