Traders Blog - Analysis, Strategies, News and more: Tag - Commodity Market
Gold Price Outlook: 2023
The positive backdrop can lift it to new records! The gold price is back above $1,900, which was last seen in April 2022. This positive reaction on the year's first days can raise hopes for a bright 2023 for the yellow metal. There ar...
WTI: Disappointing China GDP was worrying, but Hopes, leading market ahead!
China's 2022 GDP should have met the 5.5% expectations.While US Oil prices used to rise in the past two weeks based on a positive demand outlook from China after reopenings, looking at recently published data from different economies cannot make us s...
Oil and Dilemma that have confused investors
The future is unclear, and all the factors that increase or decrease requests need to be clarified.After today's Fed Chair Powell's speech, stock markets had slightly positive reactions; investors need clarification about the Oil market's future. Ear...
Gold touched a seven-month high as the USD weakened.
Signs of cooling price pressures will reduce rate hike expectations for 2023, providing support for gold prices.A weaker USD is not the only incentive for bulls; fears of global recession also increase the yellow metal's safe-haven demands. Economic...
China Covid-19 policies and Silver demand!
Economic uncertainty confusing investors. While Chinese U-Turn in its Covid restriction policies encourages investors and manufacturers, on the other hand, doubts about Beijing's transparency, especially with the re-increasing patient numbers, h...