Gold Closes its First Monthly Hike in LongCommodities

Gold Closes its First Monthly Hike in Long

Gold weathered a period of trough after hitting a record high in August. Even concerns on inflation failed to buoy…

Brent Crude Nears $70 as Demand Prospects ImproveCommodities

Brent Crude Nears $70 as Demand Prospects Improve

Brent crude makes another stride towards the critical psychological resistance of $70 per barrel as global demand continues to improve.…

Gold Down, Treasury Yields Up Ahead of U.S. Inflation DataCommodities

Gold Down, Treasury Yields Up Ahead of U.S. Inflation Data

The strengthening dollar and rising U.S. yields were weighing on the Gold, pulling it down on Friday morning in Asia.…

Leading Benchmarks Advance, API Reports DrawCommodities

Leading Benchmarks Advance, API Reports Draw

The world’s two leading crude benchmarks managed to advance during Thursday trading in Asia. Earlier, the American Petroleum Institute updated…

Iron ore price slides- “abnormal transactions”Commodities

Iron ore price slides- “abnormal transactions”

The price of iron ore fell on Wednesday after the Shanghai Futures Exchange pledged to investigate “abnormal transactions,” adding to…

US Crude Supply Data Offset Potential Iranian Supply WorriesCommodities

US Crude Supply Data Offset Potential Iranian Supply Worries

Worries that the possible resumption in Iranian supply would cause a supply glut was offset by strong U.S. crude oil…

Oil Rises on Prospect of Iranian Crude SupplyCommodities

Oil Rises on Prospect of Iranian Crude Supply

Oil steadied from its previous gains, rising on Tuesday morning in Asia. Investors continue to gauge the prospect of Iran’s…

Gold Rises to Highest Level in Four MonthsCommodities

Gold Rises to Highest Level in Four Months

Gold trades near its highest level in four months and a bullish trend is likely.  For three weeks in a…

Oil Price Hikes as Iran and the US Smooths TiesCommodities

Oil Price Hikes as Iran and the US Smooths Ties

Oil price is looking to wrap the week with gains as geopolitical catalysts provide support. Top oil producer Iran nears…

Oil Down for Third Day, on Rising COVID Cases, US StockpilesCommodities

Oil Down for Third Day, on Rising COVID Cases, US Stockpiles

Rising U.S. stockpiles added to surging cases of COVID infections in Asia led to oil declining again. Possible U.S. rate…