Oil prices increased despite rising in US crude oil reservesCommodities

Oil prices increased despite rising in US crude oil reserves

The oil price rose on Wednesday, despite the record level of industrial oil reserves in the US last week. The…

Silver outperforms gold – metals continue to rise in dollarsCommodities

Silver outperforms gold – metals continue to rise in dollars

Silver prices outperformed gold by 13.7% in May 2020. This is a bullish signal for investors in precious metals. The…

Opec and Russia extended oil cuts to end of JulyCommodities

Opec and Russia extended oil cuts to end of July

On Saturday, OPEC and its allies agreed to extend oil output cuts by one month.  Nigeria and Iraq exceeded their…

Are precious metal investors at stake in the US elections?Commodities

Are precious metal investors at stake in the US elections?

The coronavirus outbreak, economic blockades, and multi-million dollar bailout efforts by central bankers have dominated markets in the past three…

Gold prices increased againCommodities

Gold prices increased again

Gold prices dropped yesterday, breaking the critical psychological level of $1.700 per ounce. They then recovered slightly to settle at…

The US raised its sanctions on Venezuela’s oil industryCommodities

The US raised its sanctions on Venezuela’s oil industry

On Tuesday, the United States increased its sanctions on Venezuela’s oil industry. This time the country focused on maritime companies…

Gold supply chain recovers from halt by Covid-19Commodities

Gold supply chain recovers from halt by Covid-19

The Covid-19 pandemic has caused significant disruption to the gold supply chain. Although the supply has already recovered, we still…

Crude prices haven’t reacted on the extension to output curbCommodities

Crude prices haven’t reacted on the extension to output curb

Oil prices remained steady on Monday. News about the possible extension of the OPEC and Russia deal on oil cuts…

Silver prices surged 25% in a month on reopening optimismCommodities

Silver prices surged 25% in a month on reopening optimism

Over the past month, silver prices have completely outperformed gold. During the coronavirus crisis, metal prices dropped to an all-time…

The Perth Mint launches to recycle the goldCommodities

The Perth Mint launches to recycle the gold

The distortion that Covid-19 has caused in the gold industry has affected practically all the players in the sector. Refineries…