Commodities Category

Gold Price Nears Record High, Despite Strong USD as Potential Obstacle The Gold price (XAU/USD) continues to experience a notable uptrend, recording gains for the sixth consecutive day on Tuesday. This steady ascent brings it tantalizingly close to the all-time high it achieved the day before. The price movement of this precious metal, traditionally viewed

WTI Rises to $78.30 Amid Houthi Strikes on Red Sea Shipping Vessels The West Texas Intermediate (WTI) crude oil price is experiencing a rebound, erasing some of its recent losses from Monday. During the Asian trading session on Tuesday, WTI crude was trading higher, approximately at $78.30 per barrel. This upward movement in prices is

WTI Climbs to $77.50 as US Dollar Weakens and Geopolitical Tensions Rise The Western Texas Intermediate (WTI), a crucial benchmark for US crude oil, is experiencing a noticeable uptick, trading around $77.50 as of Friday. This rise in WTI prices is primarily attributed to the recent weaker-than-expected US Retail Sales data, which has fueled speculation

Gold Price Stays in Range as Traders Await Further Fed Rate Cut Insights During the Asian trading session on Thursday, the price of gold (XAU/USD) continued its steady, sideways movement, reflecting the market’s ongoing uncertainty about the Federal Reserve’s (Fed) plans for interest rate cuts this year. Investors are largely persuaded that the US central

WTI Nears $73, Regains Ground Amid Middle East Tensions On Tuesday, Western Texas Intermediate (WTI), the benchmark for U.S. crude oil, was trading near $72.90, experiencing a slight uptick due to the weakening of the U.S. Dollar (USD). However, WTI prices are being closely watched amid escalating tensions in the Middle East and the ongoing