Commodities news

Gold and Silver turn dovish ahead of the US jobs data

Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.

With OPEC's Oil Market Report set for release on Tuesday and the International Energy Agency's Oil Market Report on Wednesday, volatility looms over crude prices this week. Let's delve into the technical landscape of Brent Crude, the international oil benchmark, as we approach these pivotal reports.

As gold prices recalibrate in recent weeks, let’s explore pivotal levels worth monitoring for potential trend continuation and mean reversion trades.

US crude prices drop back into a key area of resistance/support even after US inventories drop for the first time in a month

Risk off sentiment intensifies in markets as news breaks that Israel has attacked Iran

Increased tensions between Russia and Ukraine lead to higher risks of supply disruptions

West Texas Intermediate (WTI) continues to move sideways as traders lack the desire to move in either direction

Gold and Silver take advantage of a weaker dollar.

Oil has tumbled as demand concerns build. We look at the drivers of oil prices and the key technical levels of WTI Crude.