Commodities Market Review: Oil and China’s Steel Rebar Price Surge

Summary: Gasoline (CME_RB1) has seen a price increase of 12.01% over the past month Shanghai Steel Rebar Futures (SHFE_RB2) are up on the rise with a 8.43% increase Brent Crude Futures (ICE_B1) are up on the rise with a 7.72% increase Ending Sanctions Led to Surge in Oil Prices Gasoline (CME_RB1) are up on the […]

Commodities Market Review: A “New Phase” of EU Relations Prompted a Grains Revival

Commodities market review Grain market experienced a volatile week from July 23 to July 27 due to some heavy-handed external influences. Three of the main grain products, wheat, soybean and corn all greatly rallied over the week, caused by a combining effect of global weather concerns and the announcement of $12 billion aid to American […]

Gold and Commodities Market Review: Strong USD Led to the Failure of Gold’s Rebound

Gold and Commodities Market Review (Source: Commodity Trade Mantra) Sound US Economy Contained Precious Metal Price Gold market experienced another wave of selling pressure in the past week, mainly because of the bullish US economic outlook and stronger USD. Gold price dropped below $1230 per ounce last Tuesday immediately after the comments from Federal Reserve […]

Gold News: Gold Trades Sideways On Rapid Senate Action

As of December 18 at 9:52am EST, gold was trading at $1261.87 per ounce

Gold News: Gold & Silver Climb Higher On Industry Demand

In the latest gold news: As of October 9 at 10:14am EST, gold was trading at $1280.32 per ounce

Gold News: Gold’s Safe Haven Status Continues Under Tension

In the latest gold news: As of September 25 at 13:33pm EST, gold was trading at $1308.73 per ounce