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Oil markets remained under pressure heading into the weekend, after US crude supplies rose to the highest level since November amid tension over possible disruption out of the Ukraine situation.West...
CLCrude prices edged lower in choppy trading on Thursday as the dollar advanced after Federal Reserve Chair Janet Yellen suggested rate hikes could come around the first half of 2015. Crude falls as...
India’s leading refined copper producer Sesa Sterlite Ltd will shut its smelter for 22 days starting April 26, the first pit stop for the smelter in the last four years.Sesa Sterlite is a unit...
Investors and observers watching the drama unfold in the Ukraine should not be surprised at the short price action of the precious metals, mainly gold and silver. Throughout the crisis (and as matter...
Brent crude oil prices picked up on Thursday after the US Federal Reserve was more positive than expected about the nation’s economic strength. The commodity traded at $106.03 at 6:21 GMT on...
Gold has stabilized somewhat after dipping to a three-week low in overseas trading. The yellow metal has been under pressure this week as Russia moved swiftly to annex Crimea, with little meaningful...
Gold extended losses yesterday after the announcement from the US Federal Reserve that stated monthly bond purchases would be further reduced by $10 billion, from $65 billion to $55 billion. Overall...
Gold prices are trading nicely to the downside in this week after a perfect reversal from 1380-1400 Fibonacci resistance zone. We see prices falling in impulsive fashion, now already beneath 1337 so...
Do not expect the Chinese market for zinc to tighten up in the near term, advises Macquarie Commodities Research, “as domestic zinc supply is set to rise as smelters ramp up production,...
Royal Bank of Canada Capital Markets analysts Dan Rollins in Toronto and Jonathan Guy in London have come up with a detailed analysis of the gold market over the next few years comparing it with the...
Chad Ellison of Dundee Capital Markets is gearing up for a red-hot Canadian energy sector. Commodity price strength and weakness in the Canadian dollar are creating a discount in Canadian oil and gas...
A surge in the dollar yesterday saw gold tumble below the 20 DMA, with the price falling $30 before finding support around $1330. Gold has fallen sharply since touching the 65 week MA, a long term...