commodities

Gold, the precious metal which finds its use from industrial and manufacturing sectors to being a coveted metal used in jewelry as well as in healthcare, has always fascinated humans and is highly prized. As a trader, you might be well…
Read More

Coffee futures contracts extended gains this week as the price of Arabica futures contract for December delivery touched a fresh two-year high, closing on Wednesday at 158.20 cents. The rally came after a weak start to the month as price…
Read More

The precious metal has been relatively stable over the past 7-days after prices initially fell sharply to $1250 handle. Earlier this week, US economic data included the monthly inflation figures which showed headline CPI rising 0.30% on a…
Read More

For the past few days, commodities have been declining notably on the back of a stronger dollar, which advanced to the highest level in 4 weeks, reaching as high as 96.16 (USD Index). This move is backed by the recent improvement in some of…
Read More

Summary: Gold prices lose over three percent yesterday breaking below the psychological 1300 support Richmond Fed, Lacker maintains hawkish views on Fed rate hikes Gold validates the technical descending triangle pattern as…
Read More

Image via Federal Reserve The big day is finally here, and all eyes are headed towards the Federal Reserve's decision and Janet Yellen’s press conference. This event might have the biggest impact on the market this week, but that depends…
Read More

ICE Exchange, Arabia E-Coffee futures for October delivery hit an 18-month high last week Supply from the top four export countries fell 22% in July, which was the lowest since October 2011 Speculators pushed net longs in coffee…
Read More

Crude oil futures contracts for October delivery closed  at $44.85 a barrel yesterday, losing over 3.30% on the day as the US Energy and Information Administration (EIA) data showed a second consecutive week of build-up in US crude oil…
Read More

NYMEX Oil Futures contracts for October delivery closed 2.80% lower to settle at $46.79 a barrel on Wednesday. Oil prices extended the declines from earlier this week as the weekly crude oil inventories report from the Energy Information…
Read More

Summary: Gold prices post modest gains but price action seen flat Next week's Janet Yellen speech and US GDP revision will be the key catalyst for gold Markets doubtful of a September rate hike, as FOMC minutes, fail to provide…
Read More