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Gold moved higher yesterday, making a new rally high at 1331 in early trading before retreating back to the 50 DMA later in the session. This morning, gold has sold off sharply, breaking below the 80...
Precious-Gold fell from three-week high as the remarkable progress in U.S. data damped demand on safe-haven bullions. U.S. retail sales figures tracked a series of upbeat data, providing hopes...
Oil slipped early Monday, following a two-day climb as turmoil took a fine grip over cities in eastern Ukraine amid concerns over China`s economic recovery.Investors are still concerned that possible...
Crude OilWest Texas Intermediate crude climbed to a five-week high as U.S. consumer confidence rose in April while gasoline demand grew. Brent’s premium to WTI shrank. WTI’s weekly advance...
Bullish pressure on Oil subsided after the Ukraine Government failed to follow-through with the ultimatum, which would have brought the eastern European nation closer to war with Russia. With the...
Global energy markets are jostling between the return of Libyan crude oil and lingering tensions over Ukraine. It’s domestic supply and demand issues, however, that are weighing on U.S. gasoline...
Brent crude oil approached $108 as tension in Ukraine worsened over the weekend.The commodity traded at $107.93 at 5:40 GMT on Monday morning as investors kept a watchful eye on the simmering conflict...
It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium are both up five cents, the tenth week of...
Gold jumped to a new three-week high of 1329.87 in overseas trading, amid rising geopolitical tensions between Russia and Ukraine. Fresh threats by the ECB to halt the rising euro via easier...
The futures sugar market in NY closed the week at 16.80 cents per pound for May/2014 – a 55-point drop or about 12 dollars per ton. Up until March/2016, the other months closed at lows between 5...
Precious metals have begun Wave-3 to much higher levels, as forecast last week in these pages. However, Wave-3 will have subdivided to include a wave-2 correction, which, by definition, will be...
Gold is recovering from 1277 low but still showing a corrective personality because of an overlapping price action. Therefore we think that rally from the low is temporary; ideally it's wave (b) that...
Gold resumed its rise on Monday to trade near its highest level in three weeks as the escalating geopolitical tension in Ukraine enhanced safety demand on bullion.Ukraine gave a Monday-morning...
Gold finished the week quietly, consolidating recent gains around resistance at 1320. This morning, gold has surged higher, breaking short term resistance at 1322 to trade as high as 1330.There is a...