Commodities Category

WTI Slips to Near $81.50 Amid Fed’s Hawkish Remarks, Unexpected Rise in US Crude Inventories Western Texas Intermediate (WTI), the benchmark for US crude oil, saw its prices hovering around $81.50 on Wednesday. This downward shift is attributed to the strengthening of the US Dollar (USD) and an unexpected increase in U.S. crude and gasoline

Gold Price Stays Steady Above $2,170, Maintaining Bullish Momentum Gold prices (XAU/USD) are experiencing difficulty in building upon their modest overnight gains, remaining within a tight trading range during the early European session on Tuesday. Market participants are taking a cautious approach, preferring to wait for the upcoming release of the US Personal Consumption and

WTI Holds Modest Gains, Trading Above Mid-$81 with Bullish Outlook Intact On Thursday, during the Asian trading session, West Texas Intermediate (WTI) US Crude Oil prices experienced a notable upturn, attracting buyers and reversing some of the downward movement seen the previous day. The commodity is currently trading around the $81.70 region, maintaining proximity to

Gold Price Nears One-Week Low, Vulnerable Due to Hawkish Fed Forecasts As the European trading session commences on Tuesday, the price of gold (XAU/USD) is encountering fresh selling pressure. The precious metal appears to be halting its modest overnight recovery from the $2,145 region, marking its lowest point in over a week. A key factor

WTI Stabilizes Near $78.50 Following Recent Upsurge Due to Changes in US Crude Oil Inventories During the Asian trading hours on Thursday, the West Texas Intermediate (WTI) crude oil price experienced a slight decline, hovering around $78.50 per barrel. This movement follows a notable surge on Wednesday, primarily fueled by developments in the US crude