Silver Eyes a Cyclical Turn as Support Near 56.79 Holds
Silver futures have pulled back from an intraday high of 61.27, and analyst Patrick MontesDeOca argues the metal is nearing…
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 holds above $4,130 as dip-buyers offset higher oil prices and rate fears
Gold held above $4,130 an ounce on Thursday as investors kept buying recent weakness, even as Middle East tensions lifted…
Red Sea attacks push Bab el-Mandeb closure odds to 23% as insurance doubles
Prediction markets nudged up the odds of a Bab el-Mandeb Strait closure after the IMO condemned recent attacks on Red…
Gold holds $4,040 support as oil-driven yields blunt its haven bid
Gold slipped overnight to hold near $4,048 an ounce, testing a support band around $4,040 that has held since mid-July….
OPEC+ set to lift September output by 188,000 bpd as Brent tops $100
OPEC+ is expected to raise its September output target by about 188,000 bpd at its August 2 meeting, holding to…
