Browsing Tag

Copper

Weekly Metals Wrap

Gold The yellow metal saw volatile trading this week. After initially trading up to its highest level since April 2018, gold prices then catapulted back lower. This came following the release of the FOMC meeting minutes which saw traders… Read More

Weekly Metals Wrap

Gold The yellow metals conceded some of its recent gains this week, falling back despite a renewal in concerns around the health of the ongoing trade talks between the US and China. President Trump announced this week that he will not… Read More

Weekly Metals Wrap

Gold The Yellow metal was higher again this week, benefitting from a weaker US Dollar.  In light of the first FOMC meeting of the year, the Fed stroke a more dovish tone. While the Fed kept rates unchanged, the USD bulls were left… Read More

Weekly Metals Wrap

Gold The yellow metal posted a mildly bullish week with recent momentum hampered by selling kicking in, as the US Dollar strengthened. Despite the delay in data due to the ongoing US shutdown, readings have been largely positive, and USD… Read More

Weekly Metals Wrap

Gold Gold prices have been slightly softer this week due mainly to a rebound in the US Dollar. Despite heavily delayed US news flow, due to the ongoing US government shutdown (now the longest in history), USD has managed to claim higher… Read More

Weekly Metals Wrap

Gold The yellow metal posted a third consecutive winning week as softness in the US Dollar kept price supported. USD has been left reeling in the wake of last week’s comments by Fed chairman Powell where Powell said the Fed will be… Read More

Weekly Metals Wrap

Gold The yellow metal had another bumper session this week, trading up to levels not seen since mid-2018, as the US Dollar weakened further. Despite the Fed having raised rates for a fourth time in 2018 at its last meeting in December,… Read More