Commodities News

Gold Tumbles on Upbeat Fed Data
Gold Tumbles on Upbeat Fed Data

Forexminute (October 30, 2014 GMT) -."
"Gold tumbled below $1,200 per ounce on Thursday while silver plunged 4%, the lowest since March 2010, only a day after the US Federal Reserve gave upb...Continue reading →


Oil Prices Hold Gains on Inventory Data
Oil Prices Hold Gains on Inventory Data

Forexminute (October 29, 2014 GMT)

Oil prices held onto gains on Wednesday as the weekly US inventory data indicated larger-than-expected drawdowns from supplie... Continue reading →


Gold – 4 Scenarios in Trading the FOMC Risk
Gold – 4 Scenarios in Trading the FOMC Risk

Forexminute (October 29, 2014 GMT)

Gold (xau/usd) has been consolidating in October, and continues to do so ahead of this week's FOMC decision and announcement.... Continue reading →


Gold Gains on Weak Durable Goods US Data
Gold Gains on Weak Durable Goods US Data

Forexminute (October 28, 2014 GMT)

Gold prices edged higher on Tuesday as the dollar was weighed on by the US consumer data that was softer than expected. Accor... Continue reading →


Oil Prices Recover from Below $80
Oil Prices Recover from Below $80

Forexminute (October 28, 2014 GMT)

On Monday, US oil prices recovered after tumbling to a 28-month low of below $80 per barrel. Short-covering assisted in offse... Continue reading →


Gold Takes Another Step Towards Bearish Continuation
Gold Takes Another Step Towards Bearish Continuation

Forexminute (October 28, 2014 GMT)

Last week, we saw gold take the first step towards bearish continuation. When we look at the 4H Chart, we can see that after ... Continue reading →


Crude Oil Slips, Saudi Oil Policy Unchanged
Crude Oil Slips, Saudi Oil Policy Unchanged

Forexminute (October 27, 2014 GMT)

West Texas Intermediate dropped from its biggest gain since September amid speculations that a decline in Saudi Arabian suppl... Continue reading →


Gold Rises from its One Week Low, Investors Assess Economy
Gold Rises from its One Week Low, Investors Assess Economy

Forexminute (October 25, 2014 GMT)

Gold rose from the lowest in a week while the dollar dropped, boosting the demand for the metal. The dollar dropped the first... Continue reading →


Gold Initiates Bearish Continuation; Silver Sits Tight
Gold Initiates Bearish Continuation; Silver Sits Tight

Forexminute (October 24, 2014 GMT)

Gold prices (xau/usd) started the week bullish, making new higher lows, and highs. It is trading above its 200-, 100-, and 50... Continue reading →


Crude Oil Prices on the Rise
Crude Oil Prices on the Rise

Forexminute (October 23, 2014 GMT)

Oil prices rose on Thursday on reports that oil supply from Saudi Arabia to the market was lower in September despite the inc... Continue reading →


Gold Hovers Above a Support Cluster After Retreating
Gold Hovers Above a Support Cluster After Retreating

Forexminute (October 23, 2014 GMT)

During the 10/22 session, the markets put on USD strength across the board. Gold priced in USD (XAU/USD) fell from a high on ... Continue reading →


Gold Drops on Stronger Dollar
Gold Drops on Stronger Dollar

Forexminute (October 22, 2014 GMT)

On Wednesday, gold prices pulled back with the metal, viewed as a hedge of inflation, made a leg down after reports indicated... Continue reading →


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