Commodities Category

WTI Ends Three-Month Decline, Surpasses $76.00 Amid Middle East Tensions Western Texas Intermediate (WTI), the key benchmark for US crude oil, has experienced a notable rebound, trading around $76.25 after recovering from its weekly low of $75.43 on Thursday. This surge marks the end of a three-month period of decline for WTI, influenced primarily by

WTI Rises Amid Geopolitical Tensions, China Demand Worries Limit Gains West Texas Intermediate (WTI) US Crude Oil prices experienced a slight increase during the Asian trading session on Tuesday. This movement appears to have temporarily halted the decline from the previous day, which saw prices retract from the 100-day Simple Moving Average (SMA) or nearly

Gold Price Faces Difficulty Sustaining Gains, Awaits US GDP Data for New Momentum The Gold price (XAU/USD) is exhibiting a slight upward trend in the early European trading session on Thursday. Despite this, the momentum remains tepid, with prices hovering near the weekly low reached the previous day. Investors appear cautious, opting to stay on

WTI Nears $74.70 Amid Global Energy Supply Concerns, Strikes on Houthis The West Texas Intermediate (WTI) crude oil price is experiencing a sustained increase, reaching near $74.70 per barrel during Tuesday’s Asian trading session. This marks the second consecutive session of gains for WTI. Several global factors are contributing to this upward trend in oil

Gold Price Sees Limited Recovery in Risk-Averse Market, Lacks Strong Bullish Momentum As the European trading session commences on Thursday, the price of gold (XAU/USD) maintains its modest intraday recovery gains, seemingly halting a two-day decline to its lowest in over a month experienced the previous day. This recovery can be attributed to several factors