Tag: Commodities Market

In a turn of events captivating commodities market spectators worldwide, Silver witnessed a near five-month high increment, with XAG/USD hitting the $33.50 mark. This rise, according to market analysts, is indicative of an overall bullish momentum in the precious metals sector. It is intriguing to note that despite the prevalent disturbance in geopolitical conditions, this…

The gold price has escalated, causing ripples in the financial and commodities markets. This rise comes as traders process the implications of US inflation trends and the impact of metal tariffs introduced by former President Donald Trump. These tariffs, aimed at protecting American industries, have indirectly influenced gold prices. The stimulus packages in the aftermath…

Gold poised to end week with profits ahead FOMC minutes – FXStreet As we approach the end of the trading week, markets are anticipating the imminent Federal Open Market Committee (FOMC) minutes with bated breath. Preliminary indications suggest that gold maybe on a poised favorite spot to conclude this week on a high note, recording…

In an exciting turn of events, silver prices soared high this Friday, outperforming expectations. The bullish trend was primarily driven by market investors turning to traditionally safe assets amid global economic uncertainties. Silver, being an industrial and precious metal, holds intrinsic value that tends to make it an attractive investment during such turbulent times. The…

In a shocking turn of events, the outlook for the silver price experienced a sharp decline. This downturn has left investors and traders alike scrambling to understand the implication of this trend. Among other precious metals, silver bore the brunt of the hammering in the commodities market, with prices sinking in response to multiple combined…

In a striking turn of events, Gold value took a retreat soon after reaching the landmark figure of $2,882, etching its name in the history books. The record high, pushed by a series of geopolitical events and uncertainty, soon saw a pullback as traders booked profits and the market corrected itself. The yellow metal’s allure…

In the precious metals market, a notable shift has occurred with the sharp rise in silver price today, on January 6th, as reported by FXStreet. Market analysts suggest several reasons behind this surge, including increased interest from investors seeking safe havens amid geopolitical unrest and expectations of an industrial demand spike in the upcoming year.…

In the latest twist to the silver market, XAG/USD bears are dominating the trading charts, keeping silver prices below the 200-day Simple Moving Average (SMA) of $30.00, as reported by FXStreet. This pricing trend is influenced by several global market factors, including the US Dollar’s strength, the stock market’s performance, and geopolitical tensions. As traders…

The silver market is enduring hefty selling pressure, observable in this week’s performance. Traders and market pundits alike are keeping a wary eye on the delicate equilibrium of demand and supply factors. This, coupled with macroeconomic uncertainties which are increasingly impacting the strength of leading global currencies. On one hand, silver demand, particularly for industrial…

After a long period of bullish trend, the price of silver appears to be settling into a period of consolidation. Market enthusiasts and investors need not be alarmed – this pullback is a natural part of market movement, especially after a phase of intense growth. On analysis, technical charts suggest that silver is preparing to…

In an impressive rebound, the gold price shot up by 2%, invigorating investors with positivity and renewed confidence. This eye-opening movement was further solidified by Goldman’s unwavering reiteration of its $3,000 target. This announcement came as a reaffirmation of the solid performance of gold in the market, underlining its resilience in uncertain economic climates. Industry…

As we delve into the intricate world of bullion trading, a bullish hammer pattern hints at a possible recovery in the price of gold. The pattern, observed in the recent fluctuations of gold prices, suggests a bullish trend, which could reinvigorate the gold market. This classic reversal pattern, which can be spotted in price charts,…

Despite a recent selloff, gold prices continue to find substantial support in the market. Looking at the overall scenario, it’s clear that the yellow metal has remained a favorite among investors. The selloff phase generated a certain fear sentiment, but instead of panicking, investors have stepped in with confidence, leveraging the drop to accumulate more…

In a much-anticipated economic turn, the silver market is now seeing a significant rise. With the XAG/USD hitting, and swiftly surpassing, a high of $32.50, this positive momentum indicates the start of a bullish period in the silver market. Although the economic forecast can never be fully certain, the market’s current tendency suggests a possibility…

Gold price has recorded a sudden snap after a seven-week rally, a noticeable event in the market ahead of crucial upcoming events: the U.S. Elections and Federal Reserve (Fed) announcements. After weeks of consistent growth, this break may seem surprising to some traders, but many experts had forecasted possible fluctuations amid significant political and economic…