Commodities

Gold The yellow metal is ending the week firmly in the green, as of writing. Weakness in USD has created further demand for gold. Prices had been subdued earlier in the week due to improved risk sentiment in response to encouraging… Read More

Inventories Soar Crude prices have recovered on Thursday following a dip lower mid-week. This came in response to another bearish report from the Energy Information Administration. In its latest report, the EIA showed that in the week… Read More

Gold The yellow metal has been higher again this week. Gold posted its second consecutive positive week as of writing. The main driver behind the move is the expectation that the Fed will cut rates again when it meets next week. Since… Read More

Inventories Fall Unexpectedly Oil markets have been higher this week in response to the Energy Information Administration reporting an unexpected drawdown in US crude stores. Analysts had been looking for a 5 million barrel rise in US… Read More

Crude Stores Rise Again Crude prices have been firmer into the end of the week despite the latest report from the Energy Information Administration. The report covering the week ending October 11th showed a further increase in US crude… Read More

Gold It’s been a quiet week for metals despite plenty of developments to note. As of writing, gold prices are just a little below the weekly open and have yet to break the range of the prior week. The week started with a weaker tone to… Read More

Gold Precious metals have had a very changeable week as a combination of factors have driven flows in both directions. Ultimately, price was contained within the ongoing 1481.93 – 1522.75 range which has framed price action over the last… Read More

Crude Stores Rise Again Crude prices remained buoyant this week despite the latest industry reporting showing a further build in US crude stores. The Energy Information Administration's latest report covering the week ending  4th… Read More

Gold The yellow metal has been higher over the week as a combination of factors has seen renewed demand for it. This has helped gold recover from recent losses to trade back up above the 1500 mark. The key driver over the week has been… Read More

Inventories Rise Again Crude prices were heavily lower on Wednesday as the latest report from the Energy Information Administration showed a further rise in US crude stores. The reaction to the news was particularly heavy. This is because… Read More