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Gold Poised for Weekly Gain As Wuhan Coronavirus Spurs Safe-Haven Bid

Gold futures are rising to close out the trading week, buoyed by the outbreak of the Wuhan coronavirus that has …

Natural Gas Rises on Bigger Supply Build Decline, Colder Temperatures

Natural gas futures are rising on Thursday after the US government reported a larger than expected decline in domestic inventories. Natural gas prices are …

Bitcoin Bulls Struggle to Defend $8,450 and Drag Cryptocurrency Market Down

Bitcoin prices have dipped below the $8,450 support level today, and bulls will be hoping to defend this level in order to instigate a bounce back …

Negative Fundamentals Result in More than 1% Drop of Crude Oil

Futures for crude oil dropped more than 1% today amid a range of negative factors, mostly related to supply and demand.

Fatih Birol, Executive …

Copper Slumps to Two-Week Low As Virus Triggers Growth, Demand Concerns

Copper futures are slumping to their lowest levels in two weeks as the Wuhan coronavirus added to economic growth and metal demand concerns in China. The industrial …

Soybeans Slide As Commodity Still Cannot Benefit From US-China Trade Pact

Soybean futures are sliding again on Tuesday, extending their losses despite the US and China signing the first phase of a comprehensive trade agreement. …

Crude Oil Extends Gains on Iraq, Libya Output Disruption

Crude oil futures are extending their gains to kick off the trading week, driven by disruption to production in Iraq and Libya amid unrest. But the modest …

Bitcoin Stumbles at $9,200 As Bitcoin SV Soars Again

Bitcoin prices breached $9,000 resistance yesterday, reaching as high as $9,198.97 before losing more than $500 in less than an hour. Prices have stabilised …

Commodities Technical Analysis, January 20th — January 24th

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of January 19th, …

Palladium Futures Hit Record $2,300 As Supply Deficit Worsens

Palladium futures hit an all-time high of $2,300 at the end of the trading week before paring their gains. Spot palladium prices topped $2,500 an ounce, …

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