Browsing Tag

metals

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

How can I trade commodities?

The commodities markets are one of the key markets in the global world of trading. Commodities trading, as the name suggests it is nothing but trading of frequently used materials. Trading commodities can be lucrative and offers a variation… 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 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

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 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

Weekly Metals Wrap

Gold The yellow metal was eventually unchanged on the week, after making moves in both directions, as the market struggled to gain conviction. With USD having traded mildly stronger throughout this week’s trade, gold was found to be held… Read More