Home » Commodities » Page 5
News

Commodities News

Oil price remains above $60 per barrel, but for how long?

The oil price remains above $60 per barrel Tuesday, as the current oil output cap between OPEC and some non-OPEC producers is expected to remain in place in 2018. Question marks are also being raised over the future level of...

Oil price a little lower on unexpected US inventory increase

Oil price moved a little lower Thursday following data showing Us oil inventories rose unexpectedly in the week end Oct 20. However, the ongoing Iraqi conflict around Kirkuk and apparent growing support of an extension to the OPEC output cap...

Oil prices higher on Iraq tensions, slower supply

The oil price rose Monday as Iraqi fighting around the strategically important city of Kirkuk continued, Us oil drilling fell for a third week and OPEC continues to comply with the output cap agreement.

Gold price loses its shine as US dollar retains strength

The price of gold has fallen as the dollar rises. But, World Gold Council chairman says it could rise in the next 12 months to $1,400 an ounce on geo-political concerns and rising consumer demand from India and China.

Silver: Prepare For A Strong Move

Precious metals could have bottomed last week and having consolidated above lows posted back in May, now look set to begin what could be a strong move higher over the coming months

Silver – Not This Oversold Since 2015

Silver has been down 13 straight trading sessions, dropping nearly 13% in the last 2 weeks to oversold conditions not since silver bottomed in late 2015 and a major rally could begin to take shape in the immediate future

Oil Prices Expected to Tumble as Venezuela’s Crisis Deepens

With the countries government heavily invested in the oil industry, the price crash that began in 2014 has destroyed their economy. But changing market conditions could mean that the price will fall further. Here is what investors need to know.

Gold Hits New 2017 Highs

Gold had a 10year strong uptrend to $1,900 in 2011, before a 4year drop to $1,040 in Nov 2015. Rallying back to $1,380 last year and now hitting new highs for 2017, the question is: is the trend your friend?

Platinum – Defying The Norm But For How Much Longer?

The historical divergence between platinum and gold has occurred for a couple of years now and the eventual correction will make the few investors who recognise the current opportunity a lot of money when it finally occurs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.