Gold tests $4,627 resistance as Treasury buyback expansion fuels debasement bets
Gold pushed to $4,617 and is testing resistance at $4,627, with the RSI nearing overbought territory and a double top…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold’s Wider Spread Costs Less Per Lot Than Silver’s Despite Smaller Bid-Ask Gap
A per-ounce comparison of Gold and Silver spreads hides the real cost gap between the two metals once contract size…
Silver breaks $68.88 resistance, VC PMI eyes $70 as rally extends
Silver futures have broken above $68.88 resistance, extending a rally of more than 10% from a recent low near $62.45….
Houthis Push to Seize Full Control of Bab el-Mandeb Oil Chokepoint
The Houthis are moving to seize territory along Yemen's coast to tighten their grip on the Bab el-Mandeb Strait, a…
Morgan Stanley and UBS raise gold price targets as Citi flags renewed debasement trade
Morgan Stanley, UBS and Citigroup have all lifted their outlooks for gold after the metal blew through price targets faster…
