Gold regains but stays close to record lows
19 September 2017

On Tuesday, gold prices rose slightly, but remained close to a 3-week-minimum. The markets are focused on the results of the upcoming Fed meeting as they want to get new information about the next interest rate hike. Also investors are interested in Fed’s plans to reduce its balance sheet. (more…)

Markets uncertain ahead of Jackson Hole
22 August 2017

On Tuesday, the markets stay uncertain ahead of the Fed conference in Jackson Hole (Wyoming). The two-day meeting starts on Thursday. The heads of the world’s central banks will be hosted by the Federal Reserve Bank of Kansas City. Investors are highly interested in Janet Jellen and Mario Draghi’s speeches – their comments may shed some light on possible monetary policy changes. (more…)

Oil remains at three-week lows
17 August 2017

Oil slightly rose on Thursday recovering from yesterday’s sharp fall. The price movement was affected by the more or less positive data on U.S. oil inventories. However, prices stay close to the lows that were reached three weeks ago, as the rising production in the United States and some other countries, including Libya and Nigeria, keeps putting pressure on quotes. (more…)

Gold moves down after 3-week highs
19 July 2017

During the European trading session on Wednesday, gold prices went down after three-week-highs they reached earlier. On Comex, gold futures fell by $2.50 (0.2%) and were traded at the level of $1,239.46 a troy ounce by 07:00 GMT. (more…)

Oil position tends to become stable
18 July 2017

The oil market stabilized on Tuesday, as demand level became firm. However, the United States producers and high supply levels of the OPEC still affect oil prices. (more…)

Oil falls in Asia after the strongest week
14 July 2017

Oil prices went down during the Asian morning trade session on Friday, reacting to positive forecasts on the growth of inventories and production rates. (more…)

Saudi Arabia to cut oil supply for August
12 July 2017

Saudi Arabia is going to decrease oil shipments in August to increase its summer domestic consumption, provide balance, and remain within OPEC cut deal terms. Saudi industry source also informed that the mentioned decrease could reach over 600,000 barrels per day. (more…)

Gold moves to 4-month low ahead of Yellen testimony
10 July 2017

Gold prices reached a new four-month low during European trading session on Monday, while market players were monitoring upcoming comments from Fed policymakers or information on U.S. economic situation. They try to find clues on interest rate changes for the rest of the year. (more…)

Oil goes up on U.S. inventory fall, forecasts remain dull
6 July 2017

Oil prices rose on Thursday, demonstrating moderate recovery, as the better-than-expected U.S. demand report yesterday stopped the downside movement of prices. Still, analysts have less optimistic view on oil prices in 2018. (more…)

Gold away from 8-week lows on Korean tensions
5 July 2017

Gold went higher during the European trading session on Wednesday, after they marked the lowest level for almost 2 months. Geopolitical tension on the Korean peninsula pushed safe haven demand higher. (more…)