Gold coils between $4024 and $4171 as triangle pattern nears breakout
Gold is compressing inside a symmetrical triangle on the five-hour chart, pinned between $4024 support and $4171 resistance with the…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
China’s July Crude Imports Set to Rebound to 7.8 Million Barrels a Day
China’s crude oil imports are likely to average 7.8 million barrels a day in July, up from the 6.2 million…
Gold futures retreat from $4,119 as US-Iran pause and Fed decision frame the week
Gold futures ran up to roughly $4,119.30 as the new trading week opened, then handed the advance back and returned…
Standard Chartered says oil risk now spans two Middle East chokepoints
Standard Chartered says Middle East oil risk has expanded from one strategic chokepoint to two, with the Bab el-Mandeb Strait…
Oil falls more than 5% as US and Iran pause strikes over Strait of Hormuz
Global oil prices fell by more than 5% on Sunday evening after the US and Iran paused tit-for-tat strikes over…
