Commodities Category

WTI Stays Guarded, Holding Above $72.00 During Sparse Holiday Trading Period Western Texas Intermediate (WTI), a key benchmark for U.S. crude oil, is hovering around $72.15, reflecting the market’s cautious stance in the waning days of the year. The slight dip in WTI prices is being influenced by a modest recovery in the U.S. Dollar

Gold Gains on Risk Aversion and Slight Decline in US Dollar Before American Economic Reports On Thursday, gold prices saw a notable recovery, clawing back much of the losses experienced earlier in the week and stirring interest among investors. Despite this rebound, gold has remained within a well-trodden range as the market’s attention is fixed

WTI Stays Under $73 Amid Positive Outlook Despite Houthi Vessel Attacks West Texas Intermediate (WTI) crude oil prices are grappling to push past the $73 mark, managing to hover around $72.80 per barrel during Asian trading hours on Tuesday. The market’s buoyancy, despite downward pressures, is partly due to geopolitical tensions that have heightened concerns

Gold Hits New Multi-Week Low, Awaits 50-Day SMA Test Before Fed Verdict Gold prices have dipped to a multi-week nadir as the market braces for the upcoming Federal Reserve decision. For the fourth consecutive day, the precious metal traded lower, touching levels near $1,974 per ounce during the European trading session. This downward trajectory aligns

WTI Stays Near $75 as OPEC+ Cut Expectations Persist West Texas Intermediate (WTI), the benchmark for U.S. crude oil, has been hovering around the $75 mark, with prices on Tuesday noted at approximately $75.05. This current price level comes amid expectations that the Organization of the Petroleum Exporting Countries plus allies (OPEC+) may continue or