Commodities News, Page 14

  • Bitcoin – The Bears Are Looking to Step In

    Bitcoin’s back in the red through the early morning, which could spell an end to the recent run of gains.

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  • Gold

    Gold Price Declines for Second Consecutive Session

    Gold extended falls to a one-year low on Thursday as the U.S. dollar firmed after Federal Reserve Chairman Jerome Powell asserted the need for further interest rate hikes amid a strong economy.

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  • Gold

    Gold Hits One Year Low Post Powell’s Hawkish Speech

    On Wednesday, gold prices held steady near a one-year low hit in the previous session, as the dollar firmed after Federal Reserve Chairman Jerome Powell’s U.S. economic outlook reinforced views that the central bank is on track to steadily hike interest rates.

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  • Oil prices drop sharply

    Markets Under Pressure after Oil Hits 3-Month Lows, Powell’s Testimony in Focus

    On Monday, the dynamics of oil was in the spotlight on a combination of negative factors by both the potential demand and the supply part. Asian markets lose 0.5%-0.7% on Tuesday morning, global stocks mixed.

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  • Gold Prices

    Gold Price Steady As Greenback Remains Relatively Unchanged

    Gold prices were steady on Tuesday, as the U.S. dollar remained largely unchanged ahead of U.S. Federal Reserve Chairman Jerome Powell’s first congressional testimony.

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  • Putin Trump

    Trump: Summit with Putin Off to “Very Good Start for Everybody”

    U.S. retail sales posted a firm gain in June, helped by increases in purchases of motor vehicles and a range of other goods, solidifying expectations for robust economic growth in the second quarter. U.S. West Texas Intermediate crude oil futures plunged below $69, dropping a whopping 3 percent after Treasury

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  • gold

    Gold Moves up from 7 Month Low But Risk for Decline Continues to Exist

    Gold prices nudged higher in early trade on Monday amid a softer U.S. dollar and slightly weaker Asian shares, after sliding to their lowest in seven months in the previous session.

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  • Gold Friday

    Gold Falls As Dollar Rally Continues

    The gold prices continued to fall and the downtrend has been relentless over the past few weeks giving away little chance for the bulls

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  • Bitcoins

    Bitcoin – The Bulls Lose out Again

    Bitcoin has struggled through the early part of the day, lagging the majors as investors look to decipher what governments and regulators are likely to impose on the crypto market in the coming weeks, with the bearish trend very much intact.

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  • Gold

    Gold Price Edges Up On Sino-US Trade War Woes & Sour NATO Proceedings

    After falling to the dumps near the $1240 region, we have seen a slight recovery in gold prices but there is no sign of any change in the trend as yet.

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  • Gold

    Gold Fell As US Greenback Gained Strength For Third Consecutive Session

    Gold prices dropped on Wednesday morning as the dollar firmed against the yuan after the United States threatened to impose additional tariffs on Chinese goods, escalating trade tensions between the world’s two largest economies.

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  • xau

    Gold Retreats Post Hitting Two Week High

    Gold prices have been moving higher through the risks have only receded in the markets but the gold prices are not expected to go far as they have broken through their long-held range only recently.

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  • Crude Oil

    Crude Oil Gets Closer to Its Turning Point

    The weakening of the U.S. dollar after the soft data on earnings helps Crude Oil. However, from the perspective of the few months, there is a stronger risk that Oil will turn to decline.

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  • Weaker US Greenback Prompts Precious Metals on Bull Momentum

    Gold prices hit a near two-week high on Monday as investors covered their short positions and the dollar slipped to its weakest since mid-June, while lingering U.S.-Sino trade tensions also supported the bullion.

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  • Gold Friday

    Precious Metals Lack Momentum despite Trade War Woes Reigniting

    The gold prices continued to remain weak

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  • bitcoin

    Bitcoin – Bulls Struggle to Get out of the Ranges

    With Bitcoin back in the Bitcoin rut, the current ranges could spell trouble for the Bitcoin bulls if there’s no recovery to $6,700 levels through the day, the path of least resistance continuing to be downwards.

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  • Gold Steady above $1250 Ahead of FOMC Minutes

    Gold prices were little changed early on Thursday, after hitting a one-week high in the previous session, as the dollar eased and the markets awaited minutes from the U.S. Federal Reserve’s June policy meeting later in the day.

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  • Gold

    Gold Prices Shoot Higher

    Gold prices have shot higher over the last 24 hours and it now trades comfortably above the 1250 region as of this writing. This is partly due to the fact that the dollar strength has given away a bit over this period and this opportunity has been made full use

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  • Gold Moves Up As Dollar Faces Pressure from Global Trade War Fears

    Gold prices crept higher early on Tuesday, after falling about 1 percent to a six-and-a-half-month low in the previous session, as a softer dollar and mounting global trade tensions supported the safe-haven metal.

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  • Gold

    Gold Slips On Positive US Inflation Data

    Gold prices edged lower on Monday as the dollar firmed after last week’s U.S. inflation data supported the Federal Reserve’s outlook for future interest rate increases.

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