Commodity Reports

GLOBAL MARKET ROUND UP Bullion declined on Wednesday, weighed down by a recovery in the US dollar and hawkish remarks made by Federal Reserve Chair Powell during his speech on Tuesday. Powell warned that the timing of rate cuts is still uncertain, emphasizing the Fed’s ongoing challenge to balance inflation control with signs of weakness […]

GLOBAL MARKET ROUND UP Gold extended its bull run, bolstered by a softer U.S. dollar and strong inflow into the exchange trader fund. Investors are becoming increasingly aggressive toward gold exchange-traded funds, as shown by a 15 percent increase in the total gold held by ETFs this year, which has reached 95.8 million ounces. This […]

GLOBAL MARKET ROUND UP Gold and silver have emerged as the best-performing major commodities this year, driven by a combination of supportive factors. A dovish signal from the Federal Reserve indicates that two more rate cuts are likely by the end of this year, which could restrain gains in the US dollar and Treasury yields […]

GLOBAL MARKET ROUND UP Gold prices fell on Thursday due to traders exercising caution about potential future rate cuts by the Federal Reserve and the impact of a stronger dollar, which both dampened the recent rise in the price of precious metal. However, during the Asian trading session on Friday, bullion made a recovery and […]

GLOBAL MARKET ROUND UP Bullion pulled back from its record high during the late evening session on Tuesday as traders adopted a cautious approach ahead of the highly anticipated FOMC meetings. Additionally, speculators “took profit following the recent rally,” contributing to the decline in bullion prices from their peak. Data released on Tuesday indicated that […]

GLOBAL MARKET ROUND UP Gold futures fell in a volatile trading session on Thursday, driven by the stronger US dollar and a resurgence in risk sentiment. The dollar has regained some stability, with its third week of moderate increases, while US stocks and bitcoin have climbed. This increasing appetite for risk has undermined gold’s safe-haven […]

GLOBAL MARKET ROUND UP Several factors, including the hawkish stance of Fed Chair Powell, the recovery in the US dollar, and the easing of trade tensions, contributed to the decline in gold during the previous session. Federal Reserve Chair Jerome Powell said the US central bank isn’t in a rush to adjust interest rates despite […]

Global Market Round Up Gold’s bullish momentum appears to have waned in the previous week, and market participants avoided fresh long trades as they remained optimistic about a potential deescalation of the US-China trade war, which serves as a headwind for the safe-haven gold price. In fact, US President Donald Trump indicated on Thursday that […]

GLOBAL MARKET ROUND UP Gold closed with a gain on Thursday after a volatile run of trading, with investors assessing trade tensions and the possibility of US rate cuts. In a Thursday interview on television, Federal Reserve Governor Christopher Waller said companies may begin laying off more workers if aggressive tariff levels are reinstated, and […]

GLOBAL MARKET ROUND UP Gold plunged 2.7% on Wednesday, the most since November. The drop in gold prices was attributed to a shift in the stance of US President Donald Trump on the trade dispute with Beijing, which reduced demand for haven assets. Furthermore, the recovery of the US dollar also put pressure on precious […]