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Iron Ore

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 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 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

Weekly Metals Wrap

Gold The yellow metal surged higher this week, despite initial weakness in response to the latest US interest rate increase. Following the initial reaction to the decision, the US Dollar softened as the market digested the lower revision… Read More

Weekly Metals Wrap

Gold After breaking out above the 1235 resistance level last week which has capped price over the past six months, gold prices retreated lower this week as the US Dollar pushed back up toward recent highs. US Dollar has come back into… Read More

Weekly Metals Wrap

Gold The yellow metal rallied this week, benefiting from weakness in the US Dollar to trade back to its highest levels since Q1 of the year. The weakness in the US Dollar was seen in response to Fed chairman Powell comments at the Economic… Read More