TAG: Commodity
Crude prices slide on OPEC+ uncertainty
Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.Crude prices fall as OPEC+ delays monthly JMMC meetingAs the economic data softens in the US, oil prices h...
7 months ago
Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh
Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold price was at $2,383.29 per ounce, while US gold futures fell 0.3% to $2,399.60 per ounce....
5 months ago
FXTM’s Copper: Hits fresh two-year high!
FXTM launches 10 new commodities! Copper jumps to two-year high Prices up almost 20% year-to-date Bulls in control on H4/D1 charts Key levels of interest at $4.58, $4.54 & $4.50 In case you missed it, FXTM’s new Copper commodity has just hit a fres...
5 months ago
FXTM’s Wheat: Touches fresh 2024 high!
Wheat kisses new 2024 high Prices ↑ over 8% month-to-date Watch out for WASDE report on Friday Bulls back in control on D1 charts Key levels at 638, 629 and 615 FXTM’s new Wheat commodity is in the spotlight after hitting a fresh 2024 high on Tuesday!...
5 months ago