Tag: commodity trading
Latest commodity news: Gold & oil drops, green energy rises!
Latest commodity news reveals gold prices plunged on Tuesday to the lowest in more than two weeks. It was dragged down by reduced fears of a flare-up in hostilities in the Middle East and profit-taking after recent gains. The move highlighted the latest direction in commodities, with spot gold down 1.0% at $2,303.59 per ounce…
Oil trading trends: Volatility hits markets
Oil trading prices eased a bit on Tuesday, amid nervousness over the economy, after the US announced new sanctions against Iran following the Middle Eastern nation’s recent strike on Israel. Brent crude for June delivery shed 15 cents, or 0.17%, to $89.95 a barrel by 12:26 p.m. EDT, while U.S. crude for May delivery dipped…
Commodity Trading Wins: Gold’s Bold Move Triumphs in Markets
Commodity trading is booming at least for gold traders; the precious metal is reaching record highs in the second quarter of 2024. Oil, however, is still struggling, with the dual problem of high production and Middle East tension curbing the price of liquid gold. Meanwhile, in the USA, electric cars could receive a boost while…
Stock Market Surge: Winning Strategies with US CPI, Intel and more!
Stock market rallies, CPI, Intel are under pressure—the markets are incredibly active during the second week of March 2024. From the US CPI to the latest stock market news, Finbok analyses the biggest financial movers. In this article, we examine the biggest trends, factors, and political news affecting the stock market. Stock market – Federal…
Boost Your Portfolio: The Commodity Market’s Winning Streak in March!
Commodity markets are a great way to diversify your portfolio with assets that prove to be a hedge against inflation. In March, gold soared, oil prices saw a surge, and commodity markets saw a lot of upside. Join Finbok as we analyze the commodity market in March. Commodity trading – Gold market Gold prices rose…
