metals

Gold The yellow metal continued to explode higher this week as weakness in the US dollar was further exacerbated by soft data. Earlier in the week, US CPI for May came in lower than projected at 1.8% vs 1.9% expected on the headline… Read More

Gold Gold prices traded higher again this week, boosted by both a weaker US dollar and deteriorating equities prices. The greenback turned lower late in the week by a set of disappointing Q1 GDP figures. These saw growth hitting just 0.5%… Read More

Gold The yellow metal was heavily lower this week. A strong rally in USD saw the precious metal breaking down below key technical support.  The main driver behind the USD rally was the release of Retail sales data for March. This saw… Read More

Gold The yellow metal took a heavy knock lower this week as the US Dollar continued its path higher following some stagnation last week. The current dollar drive comes on the back of the recent March FOMC meeting. This saw the Fed taking a… Read More

Gold The yellow metal enjoyed another positive session this week. Gold extended the shallow recovery from last week as the US Dollar continued its sell-off. The greenback was shunted lower this week in response to the latest inflation data… Read More

Gold The Yellow metal was down again over trading this week as a resurgent US Dollar weighed on price. Gold is now posting its second bearish week as a spate of recent data strength in the US has fuelled an uptick in demand. The sell-off… Read More

Gold Following an impressive run over recent weeks, gold prices retreated this week as the US Dollar rebounded from initial lows. Despite a heavy tone to the week initially, the USD was buoyed by the release of the 2018 4Q GDP on Thursday.… Read More

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

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

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