Commodities Analysis & Opinion
Oil: The Final Test of the Year
19.12.2024
Oil: The Final Test of the Year
The price of a barrel of WTI crude oil fell by 0.7% and was in danger of falling below $70.…
Gold Bulls Need a Fed Surprise or China Stimulus to Defy the Bearish Trend
19.12.2024
Gold Bulls Need a Fed Surprise or China Stimulus to Defy the Bearish Trend
Gold faces pressure as US bond yields rise and the dollar strengthens. China’s stimulus efforts could offer potential support for…
Gold Bears Gaining Ground? Move Below $2,550 Could Signal More Downside Ahead
16.11.2024
Gold Bears Gaining Ground? Move Below $2,550 Could Signal More Downside Ahead
Gold Futures dipped to a two-month low on Thursday while the dollar stood at a one-year high and the Bitcoin…
Brent Oil Prices Steady Despite OPEC Demand Forecast Cut: Where to Next?
16.11.2024
Brent Oil Prices Steady Despite OPEC Demand Forecast Cut: Where to Next?
OPEC cuts oil demand growth forecasts for 2024 and 2025, citing concerns about the Chinese economy. China’s stimulus measures have…
Here’s What’s Going on With Gold and Silver
16.11.2024
Here’s What’s Going on With Gold and Silver
By Jesse Colombo Gold fell 0.42% today in continuation of last week’s price action. Gold is experiencing a normal pullback…
Brent Crude Analysis: Prepare for Volatility with Upcoming OPEC Report
16.11.2024
Brent Crude Analysis: Prepare for Volatility with Upcoming OPEC Report
Brent crude oil prices have continued to slip, touching $71.74 a barrel on Tuesday. This marks a downturn influenced by…