Archive for Tag: how to buy commodities

WTI crude oil futures price

Oil prices soared, raising supply concerns

On Monday’s trade, the Chicago WTI crude oil futures price is up 1.60% at $102.21 per barrel. Oil prices continued to surge on Wednesday as Moscow declared that the peace talk with Ukraine had hit a dead end, intensifying supply worries. A limited downside is seen in crude oil...

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Silver Futures Technical Analysis

Silver Futures Technical Analysis & Trading Tips

SILVER Price Technical Analysis: Weekly Chart In the weekly charts,  Silver is trading in an upward channel. Silver is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Silver will follow an uptrend in the coming weeks. The...

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Commodity Market News

Gold gains as dollar, Treasury yields slip

Goldwas trading 1.50%up at $1,937.35 Gold rose on Thursday after the U.S. Federal Reserve’s first interest rate hike in three years bore no surprises, with gains underpinned by a drop in the dollar and U.S. Treasury yields. Spot gold advanced 0.8% to $1,942.61 per ounce by 1023 GMT, having...

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Silver Technical Analysis

Silver Technical Analysis & Signals

SILVER Price Technical Analysis: Weekly Chart In the weekly charts , Silver is trading in an upward channel. Silver  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Silver will follow an uptrend in the coming weeks....

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Crude oil futures

Oil prices rebound as growing political tensions fuel supply fears

Brent Oil was trading 0.84%up at $86.18. Oil expenses bounced again on Tuesday, convalescing a number of the preceding day’s losses, as developing anxiety in Eastern Europe and the Middle East fuelled issues over feasible deliver disruptions in an already tight market. Brent crude futures rose $1.21, or 1.five%,...

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Oil extends losses as U.S. mulls strategic reserve sales

Brent Oil was trading 0.48% down at $80.72. Oil prices fell sharply on Thursday, extending losses from the previous session, as the United States said it was considering selling oil from its strategic reserves and as Russia said it was ready to stabilise the natural gas market. Brent Crude...

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