Oil prices extended their gains to about 1% during trading today, Friday, after falling in early trading, to bring Brent crude back above $ 85, in conjunction with the decline of the US currency. The decline came this morning as…
Continue ReadingOn Friday, silver received new bids and returned to multi-week highs. The setup is still stacked in favor of the bulls, which bodes well for future gains. Any meaningful drop below $24.00 could be interpreted as a buying opportunity. Silver…
Continue ReadingEuropean Forex news roundup: the dollar is marginally stronger, while equities are weaker. Forex market news during the European trade session on October 21, 2021 For the most part, it was a quiet session as the dollar held steady while…
Continue ReadingChina's coal futures fell amid signs of government intervention to bring record coal prices back to a reasonable range before the start of the winter season. At the start of trading on the Zhengzhou Commodity Exchange on Thursday, the most-traded…
Continue ReadingFor the third day in a row, gold prices continued to rise, supported by the decline in dollar prices, which provided a fertile ground for investors to seek the precious metal. Many investors expect rising inflation to prompt central banks…
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