Commodities News, Page 3

  • gold-and-silver

    Precious Metals Move Down As Sino-U.S Trade War Woes Reignite

    Gold prices fell on Tuesday as the U.S. dollar firmed on renewed fears of intensification in the Sino-U.S. trade war and worries over slowing global economic growth. Investors took cover in the greenback after Bloomberg reported that Washington is preparing to announce tariffs on all remaining Chinese imports by early

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  • Precious Metals Edge Down Over Strong Demand For US Greenback

    There are two camps diverging around the likely performance of the stock market, particularly in the short-term which is creating a push and pull for the gold market where we have seen some interest return on the back of those losses.As of writing this article, Spot Gold XAUUSD is trading

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  • Gold Friday

    Precious Metals Price Action Continues To Rise on Equity Selloff

    Gold prices edged up on Friday and were on track to rise for the fourth straight week, the longest string of weekly gains since January, as Asian stocks slumped amid increasing worries over the outlook for U.S. corporate earnings and global economic slowdown. We are seeing a pretty good rally

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  • Gold

    Precious Metals On Bull Run as Global Equities Take On Dovish Price Action

    Major European indices and equity markets closed in red yesterday owing to high risk averse trading activity across European and US market hours post disappointing macro data which was followed by plunge in Asian equity market which saw losses over cues from wall street as tech stocks across key global

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  • xau

    Precious Metals Edge Higher Up As Geo-Political Tensions Spiked on Multiple Fronts

    Gold has benefited from general equity weakness, short covering, and rising risk aversion and there is more potential for yellow metal to see upward price action amid increasing tensions over political and economic issues across some key global countries.Global stocks have suffered this week on worries about U.S. earnings, Italian

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  • gold and silver

    Precious Metals Edge Up On Increasing Tensions Over Multiple Geo-Political Issues

    Gold prices inched up early Tuesday as Asian stocks faltered, weighed down by political tensions between Saudi Arabia and Western powers, uncertainties around Brexit and Italy’s budgetary woes. Geopolitical tensions are escalating and that has brought some safe-haven buying back into the gold market.Russia’s latest statement could also be considered

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  • Gold Dollar Notes6

    Precious Metals Erase Early Gains and is on Steady Decline over Strong US Greenback

    Gold prices edged higher on Monday towards a 2-1/2-month peak hit last week as the dollar eased and worries over rising political tensions and slowing global economic growth lent support to the metal. However yellow metal lost all its gains and took a steep bearish nose dive as US Greenback

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  • Crude oil

    Will Oil Reach $100?

    It seems like you just recently looked at the oil market and was sure about the further direction of prices but something has changed again.At the beginning of October, two major oil benchmarks reached highs of November 2014. Some traders believe that it’s a strong signal of the further rally

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  • IBM

    Stocks Plunge on IBM Earnings Miss, Bearish Housing Data; Crude Drops on Bearish EIA Report

    Renewed selling pressure is driving the major U.S. stock indexes sharply lower early Wednesday. Sellers took control shortly before the cash market opening, but the handwriting was on the wall during the pre-market futures session when the market failed to follow-through to the upside following yesterday’s stellar performance.Most investors were

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  • Wall st

    Positive Spike in Equity Market Pressured Gold Bulls, US Futures Fall Ahead of the FOMC Meeting

    Gold prices edged lower on Wednesday as equities and the dollar gained amid waning risk-averse sentiment and earning season coming into investor focus across key global markets, as trader await minutes from the U.S. Federal Reserve’s latest policy meeting for fresh clues on the pace of interest rate hikes. The

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  • Crude Oil

    Crude Oil Firms After API Reports Surprise Draw

    The U.S. Dollar fell to its lowest level since September 27 on Tuesday before clawing back most of the early losses into the close. A strong performance in U.S. equity markets hinted at improving risk appetite. This allowed emerging market currencies to outperform the dollar.Adding to the dollar’s weakness was

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  • Gold Tuesday

    Precious Metals Trade Flat on Profit Booking Activity

    Precious metals saw positive price action on Monday as investors took a risk averse stance leading to some amount of activity in gold and silver as they are viewed as safe Haven instruments despite both instruments losing luster in recent days owing to US Greenback taking the positive of most

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  • Gold Safe Haven

    Back to Safe Haven – Gold Ends Period of Low Volatility by Strong Bullish Move

    Last week, gold soared, and it was trading notably higher on Monday as well, with the precious metal rising 1 percent to trade at fresh three-month highs above 1,230 USD per ounce. It also briefly jumped above the strong resistance of the 100-day moving average, which currently stands at around

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  • Gold Friday

    Gold Slips after Hitting a 10-Week High despite Weak US Greenback

    Gold prices edged lower on Friday, but held near a more than 10-week high hit in the previous session when the metal breached a key resistance level, stoking optimism about an uptick in prices as result of US macro data missing expectations. As of writing this article, spot gold XAUUSD

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  • Gold Dollar Notes

    Gold Price Moves Up on Weak US Greenback in Broad Market

    Precious metals have taken to steady uptrend move during today’s market hours. With US Greenback weaker in the broad market, both yellow and white metals have made considerable gains today. While increase in bond yields usually boost US Greenback in broad market, US bonds hitting new highs caused investor focus

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  • Gold

    Gold Holds Steady As USD Weakens on Retreating US Bond Yields

    Gold held steady in a narrow price range on Wednesday as the dollar pulled back from a seven-week peak although support remained strong for the U.S. currency on the back of a strong U.S. economy and expectations of steady interest rate hikes by the Federal Reserve. Spot Gold XAUUSD held

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  • gold and dollar

    Precious Metals Take Dovish Turn On Strong USD

    Gold prices edged higher on Tuesday as risk appetite fell, with Asian stocks slipping to 17-month lows amid concerns over a potential slowdown in China’s economic growth. Spot gold XAUUSD was up 0.2% at $1,189.58 an ounce at 0715 GMT but took a nose dive in European market hours and

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  • Comex Gold

    Fears of Emerging Market Meltdown Underpinning Gold Prices

    Despite another surge in U.S. Treasury yields on Friday, the U.S. Dollar fell against a basket of currencies after government data for September showed the economy added fewer jobs than expected. Wages increased last month, however, they slowed on an annual basis. This indicated to some dollar bulls an easing

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  • Gold Friday

    Gold Prices Continue to Remain Stable

    The gold prices continue to consolidate and range for much of the last 24 hours. There has not been much action in the gold markets over the last few days and even the waxing and waning of the strength in the dollar seems to have had little impact on the

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  • gold 1

    Gold Just Below $1200 and Looking Higher

    There has been a talk in the market that the gold prices might fall as the US and the Fed have continued their policy of hiking the interest rates. This is expected to give a lot of strength for the dollar in the short and medium term and this is

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