In the immediate term, gold finds support above $1,940, and a further decline appears likely. FUNDAMENTAL OVERVIEW The price of gold has temporarily found support around $1,943.00, but further declines
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What does this signify for commodity prices if inflation shows no signs of slowing down? A worldwide financial crisis, credit crunch, stickier-than-expected inflation, and quickly rising recession threats are now
Soybeans Futures Technical Analysis: Weekly Chart In the weekly charts, Soybeans Future was trading in a down channel. Soybeans Future is currently trading below all SMA. RSI is in the
Oil gains continue due to supply risks from the Kurds and banking relief FUNDAMENTAL OVERVIEW Crude prices edged higher on Tuesday, extending sharp gains from the previous session on supply
The price of gold rises above $1,990 as global yields decline FUNDAMENTAL OVERVIEW Gold’s price has gained bullish momentum and soared above $1,990 after falling toward $1,980. The standard 10-year
Gold increases due to ongoing financial concerns FUNDAMENTAL OVERVIEW While concerns about a global banking contagion linger, demand for safe havens is driving up gold prices. At the time of
Due to fears of a rate increase in the United States, oil prices are expected to decline by 5% weekly Concerns over the potential impact of significant interest rate increases
Copper Futures Technical Analysis: Weekly Chart In the weekly charts, Copper Futures was trading in a down channel. Copper Futures is currently trading above all SMA except MA (50). RSI
Copper Futures Technical Analysis: Weekly Chart In the weekly charts, Copper Futures was trading in a down channel. Copper Futures is currently trading above all SMA except MA (50). RSI