Gold Hits $4,703, Deep in Overbought Territory as Rally Nears Key Resistance
Gold touched $4,703.51, pushing deep into overbought territory as the rally builds on last week's breakout above its 200-day moving...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Silver Hits Fibonacci Resistance as MFI Signals Overbought Conditions
Silver is trading at $69.06 on the 5-hour chart, just under the 61.8% Fibonacci retracement at $69.15, while its Money...
China reportedly adds 88 tonnes to gold reserves, total hits record 2,366 tonnes
China added an estimated 88 tonnes of gold to its reserves in May and June, buying through the over-the-counter market...
Silver Futures Break Above $69.01 as Analysts Eye $72.26–$74.98 Zone
Silver futures closed near $69.01 after rebounding from a weekly low of $62.45, and technical analysis now points to a...
Oil price swings now explain up to 40% of chemical stocks’ daily moves, BofA finds
Bank of America finds that daily swings in crude oil prices now explain a growing share of the daily stock...
