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There is an interesting piece on palladium on Bloomberg entitled, “Palladium is a Metal Rarer Than Gold. Now It’s Even More Rare, Thanks to Cheap Oil”. The article makes some logical...
While I predicted a huge rally in gold would usher in the new year of 2015 in a spectacular way, the top bank economists have failed again.Most of them predicted, “No rally for gold!”...
I like to think of myself as a creative, independent thinker. Of course I’d also like to think of myself as handsome, charming and witty and look how that’s worked out. But I digress....
Gold has posted gains on Tuesday, with a spot price of $1289.71 per ounce in the European session. The metal is now trading at its highest level since August. On the release front, it’s a quiet...
Gold hit a price low of approximately $1,140 in early November 2014. Since then it has rallied dramatically, possibly because of global fears about the financial system, the Swiss National Bank...
CommentariesAfter a correction that has lasted several weeks, energy prices are finally showing some signs of stabilizing, with the price of WTI rising slightly at the end of last week. Prices rose...
This is part two of guest contributor James May’s analysis of the iron ore market in 2015. Check out part one, in case you missed it. James is a director of Steel-Insight. Year-on-year output...
CLOil futures were under pressure on Monday, amid indications OPEC producers are showing no sign of curtailing output. Iraqi Oil Minister Adel Abdel Mehdi said on Sunday Iraq pumped 4 million barrels...
United Arab Emirates (UAE) oil minister Suhail Al Mazrouei said on Monday that prices of oil are not likely to remain low for long, adding that the Gulf state will not change its energy strategy...
Gold traded near a four-month high on Monday as investors looked to Thursday`s meeting of the European Central Bank (ECB) amid speculation it will launch a government bond-buying program.Investors...
Brent prices hovered around $50 a barrel on Monday, as market players looked to China GDP which could provide more evidence of a slowdown in the global recovery. Brent prices dropped 1.24% around...
Oil price is fluctuating at the bullish support line showing on graph, keeping the intraday bullish wave valid till now waiting to breach 49.05 to confirm the ongoing bullishness to 50.05 then 53.85....
Silver trading were slightly to the downside, as we notice a negative candle formation showing on the daily graph after touching around 18.00. Despite the negative formation, trading above 17.05 is...
The metal traded within a sideways range yesterday above the minor support 1269.15, and stability above it shows the strength of the bullish momentum that could extend the upside move today in an...
Gold moved sharply higher last week, into a third leg of recovery about we warned you in our past updates. We have seen a move up to equality level but based on very strong and accelerating recovery...