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Copper

Weekly Metals Wrap

Gold Gold prices were shunted lower this week as the US Dollar surged to fresh highs in response to the September FOMC and latest US data. At its September meeting, the Fed raised rates by a further 0.25% as expected while revising higher… Read More

Weekly Metals Wrap

Gold With the US Dollar having weakened over the course of the week, gold prices were able to post a small recovery, rallying up off last week’s lows to close green on the week. Gauging the USD reaction to the latest trade war headlines… Read More

Weekly Metals Wrap

Gold Gold prices were higher this week, taking their cues from a weaker US Dollar which softened in response to weaker than expected economic data along with the prospect of negotiation between the US and China over the ongoing trade… Read More

Weekly Metals Wrap

Gold Gold prices were softer this week, but only just, managing to rally up off initial lows on the week as the US Dollar traded lower. The weakness in USD came in response to a report that President Trump told the Wall Street Journal he… Read More

Weekly Metals Wrap

Gold Gold prices remained stable this week, posting a second consecutive positive week after weeks of heavy selling took gold down to levels not seen since summer 2017. The weakness comes despite a weaker US Dollar which remains soft in… Read More

Weekly Commodities Wrap

Gold The yellow metal was able to post a minor recovery this week in response to a weaker US Dollar, which posted its second consecutive weekly loss. The fall in the US Dollar comes on the back of President Trump’s comments regarding the… Read More

Weekly Commodities Wrap

Gold The yellow metal fell to a fresh nineteen month low this week before posting a mild recovery later in the week as the US Dollar conceded some of its recent gains. The pullback in USD is attributed to news of talks between the US and… Read More

Weekly Commodities Wrap

Gold The yellow metal was lower once again this week, printing its fifth consecutive losing week, as the US Dollar climbed higher on global geopolitical tensions. With the Fed having reaffirmed its commitment to continuing its tightening… Read More

Weekly Commodities Wrap

Gold The Yellow Metal hit a fresh 12-month low this week, registering its fourth consecutive losing week, as the US Dollar rallied gathered pace. The moves came in response to the latest Federal Reserve FOMC meeting. Although the central… Read More

Weekly Commodities Wrap

Gold Gold prices extended their declines this week having printed just one positive weekly session out of the last seventh as the US Dollar rally continues to build. The market took its cues this week from a lacklustre ECB meeting which… Read More