Browsing Tag

metals

Weekly Metals Wrap

Gold The yellow metal surged higher this week trading up to its highest level since July fuelled by safe haven demand. The collapse across global equity markets this week has triggered a seismic shift in risk appetite which has favored… Read More

Weekly Metals Wrap

Gold The yellow metal was able to post a minor recovery this week, fuelled by a rise in safe haven demand seen in response to equity market weakness. The US Dollar fell lower this week, despite supportive commentary from Fed officials… Read More

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 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 Commodities Wrap

Silver: Silver Tracks Gold Higher Silver prices tracked their golden counterpart higher this week as the market responded with slight disappointment to the Fed’s 0.25% rate increase. Silver prices had been under heavy selling pressure over… Read More