Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Cocoa prices fell drastically yesterday [14/11], snapping previous gains and closing significantly lower. Sterling’s sharp rise on Tuesday triggered long-term liquidation in London cacao, which was followed by profit-taking in New York cocoa. Stop-loss selling increased as prices fell further, and cocoa prices closed sharply lower. Cocoa prices have received support recently, due to a
Share: The Silver’s spot price XAG/USD is down by more than 1%, around $22.30. Jerome Powell from the Fed was seen as hawkish on Thursday, fuelling US bond yields. Markets are pricing in rates at restrictive levels for a more extended period. UoM Consumer Sentiment data from the US came in lower than
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Gold price oscillates in a narrow range amid the uncertainty over the Fed’s rate-hike path. Declining US bond yields caps the recent USD recovery and lends support to the XAU/USD. Traders now await Fed Chair Jerome Powell’s speech before placing fresh directional bets. Gold price (XAU/USD) struggles to capitalize on the overnight bounce from the
Share: Gold price declines as capital shifts toward riskier assets due to improved risk sentiment. Gold demand is reduced due to the resurgence in US Treasury yields. Upbeat China’s Trade Balance data could provide support for the price of the precious metal. Gold price losses more ground, which can be attributed to the prevailing optimistic
United States CFTC Oil NC Net Positions declined to 262.3K from previous 300.8K لینک منبع : هوشمند نیوز
Share: Silver remains under some selling for the second straight day and drops closer to the weekly trough. The technical setup favours bearish traders and supports prospects for additional near-term losses. A sustained strength beyond the $23.60-$23.70 supply zone is needed to negate the negative bias. Silver (XAG/USD) drifts lower for the second
Gold price gains positive traction on Thursday amid sliding US bond yields and a weaker USD. Geopolitical tensions and China’s economic woes also contribute to the intraday positive move. A further rise in equity markets caps any meaningful upside for the safe-haven precious metal. Gold price (XAU/USD) attracts fresh buying on Thursday, albeit lacking a
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
