Gold consolidates between $4,393.5 support and $4,434.9 resistance on 5-hour chart
Gold is trading in a tight range on the 5-hour chart, squeezed between $4,393.5 support and $4,434.9 resistance. The metal…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
EU weighs emergency talks as oil tops $100 and JPMorgan admits it can’t forecast prices
Euro-area finance ministers met in Dublin on September 18 to weigh an emergency session on energy costs after Brent crude…
Gold rebounds to a 10-week high while silver stays over $55 below its January peak
Gold has climbed back to a 10-week high, but silver remains more than $55 below where it traded in January….
US oil and gas rig count climbs to 595 as production edges lower
The US active rig count rose to 595 this week, with both oil and gas rig counts climbing, according to…
Angola to cut crude oil cargoes to 28 in November, down from 30
Angola will ship 28 crude oil cargoes in November, down from 30 in October, according to a preliminary loading schedule…
