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Dubai gold prices drop on strong dollar

Posted By ComTradeIn       Published on 09/05/2016

Dubai gold prices drop on strong dollar; Analysts, however, are expecting the bullion to stage another rally this year Dubai: After hitting $1,300 an ounce last week, gold inched down on Monday as the US...

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Gold Cycle Analysis

Posted By ComTradeIn       Published on 23/04/2016

Gold and Silver and the Biblical score Gold and Silver both move in a similar way to stocks, but do so at different times as Precious Metals tend to be popular when Stocks and...

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El Niño weakens, here comes La Niña, meteorologists say

Posted By ComTradeIn       Published on 16/04/2016

Last Updated Apr 15, 2016 1:51 PM EDT WASHINGTON — Following an epic El Niño, federal meteorologists say its flip side, La Niña, is around the corner. The National Oceanic and Atmospheric Administration’s Climate...

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Midday update for Crude Oil 06/04/2016

Posted By ComTradeIn       Published on 06/04/2016

Crude oil price shows more bullish bias to approach from 37.00 barrier, while stochastic shows clear overbought signals and approach from curving down on the four hours’ time frame, besides that the EMA50 keeps...

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Midday update for Gold 06/04/2016

Posted By ComTradeIn       Published on 06/04/2016

Gold price shows some bearish bias after hitting the bearish channel resistance that appears in the image, to trade below 1.227.40 level now, which supports the continuation of our bearish trend expectations efficiently in...

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Oil tumbles 4 percent; Saudi Arabia cools on output freeze

Posted By ComTradeIn       Published on 02/04/2016

Oil tumbled about 4 percent on Friday, after a Saudi prince reportedly said the kingdom will not freeze output without Iran and other major producers doing so and data showed the global crude glut...

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Doubts on output freeze deal, stronger dollar hammer oil

Posted By ComTradeIn       Published on 01/04/2016

Oil futures fell almost 4 percent to below $39 per barrel on Friday, with the market growing increasingly skeptical that a looming deal to freeze crude production can help clear a global glut. Gains...

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Oil prices fall on stronger dollar, further oversupply worries

Posted By ComTradeIn       Published on 01/04/2016

Oil futures fell in Asian trade on Friday as oversupply, a strengthening dollar and falls in regional stock markets all weighed on sentiment. But another fall in U.S. oil output in January helped to...

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Gold may drop below $1,200 an ounce in coming months

Posted By ComTradeIn       Published on 31/03/2016

Gold prices are likely to slip below $1,200 an ounce in the months to come, GFMS analysts at Thomson Reuters said in a report on Thursday, with U.S. interest rates expected to rise and...

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Oil prices slide as U.S. crude stocks hit record

Posted By ComTradeIn       Published on 31/03/2016

Oil futures fell on Thursday, with U.S. crude hitting its lowest price in more than two weeks as the country’s crude stocks reached yet another record high, renewing concerns about global oversupply. The increase...

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