COMEX Live News

Gold slid to a 1-1/2-month low on Tuesday, as a stronger dollar and U.S. Treasury yields curbed demand for non-interest-bearing bullion, while investors also waited for policy cues from a speech by Federal Reserve chair Jerome Powell. Spot gold hit its lowest level since Aug. 11 at $1,735.40 per ounce and was down 0.5% at $1,741.90 Read More

Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory draws. The rally was slightly dampened by China’s first public sale of state crude reserves. Brent crude was up 17 cents, or 0.22%, at $77.42 Read More

Oil prices climbed more than $1 on Wednesday after U.S. crude stocks fell to their lowest levels in three years as refining activity recovered from recent storms. Despite recent wobbles from U.S. economic figures, overall demand for fuel has rebounded to pre-pandemic levels. Product supplied over the last four weeks has come in at nearly Read More

Gold prices were steady on Wednesday as investors braced for the outcome of a U.S. Federal Reserve meeting and chief Jerome Powell’s remarks on reducing its massive support for the pandemic-hit economy. Spot gold rose 0.1% to $1,775.36 per ounce by 0840 GMT, while U.S. gold futures fell 0.2% to $1,775.00. “The markets are already Read More

Quantum chemists believe that gold, silver, and copper could be promising candidates for hydrogen storage. This has huge implications for green energy, as hydrogen is incredibly volatile and challenging to store at ambient temperatures. Dr. Cristina Trujillo, a research fellow at Trinity College Dublin’s School of Chemistry, said in an interview with phys.org, “Among the Read More

Comex Live Chart as on 15 Sept 2021

Gold prices on Wednesday consolidated in a tight range near the key $1,800 level as softer U.S. inflation data fed uncertainty about the Federal Reserve’s tapering timeline. Spot gold was down 0.2% at $1,800.38 per ounce, but slightly off a one-week peak of $1,808.50 hit on Tuesday, in part because the dollar recovered some ground Read More

ComexLive Chart as on 09 Sept 2021

Gold Spot broke strong support at 1814/11 with stops below 1808 activated. Gold fell further to 1792. Silver Spot shorts at strong resistance at 2487/94 hit strong support at 2535/25 for profit taking. WTI Crude OCTOBER becoming more random and erratic – up one day, down the next day in a 2 week sideways trend. Read More

comexLive Chart as on 07 Sept 2021

Oil prices were mixed on Tuesday as Saudi Arabia’s sharp cuts in crude contract prices for Asia sparked fears over slower demand, but strong Chinese economic data capped losses. Brent crude futures were up 12 cents, or 0.2%, to $72.34 a barrel by 0947 GMT, after falling 39 cents on Monday. U.S. West Texas Intermediate Read More

comexlive Chart as on 02 Sept 2021

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though gains were capped by an OPEC+ decision to stick to its policy of only gradual increases to output. Brent crude was up 30 cents, or 0.4%, at $71.89 a barrel by 0917 GMT and West Read More

Oil prices recovered on Wednesday, after a U.S. industry report showed crude inventories fell more than expected last week, steadying after overnight losses from the impact of Hurricane Ida on U.S. refineries. Prices rose ahead of the OPEC+ meeting at 1500 GMT where the Organization of the Petroleum Exporting Countries (OPEC), Russia and allies are Read More

Oil prices rose on Tuesday, extending sharp gains on a bullish demand outlook as Mexico suffered a big production outage and U.S. regulators issued their first full approval for a COVID-19 vaccine. Brent crude oil futures were up $1.33, or 1.9%, at $70.08 per barrel, while U.S. West Texas Intermediate (WTI) gained $1.21, or 1.8%, Read More

Gold prices were flat on Friday, as a firmer dollar eclipsed support from rising anxiety over increasing cases of coronavirus’ Delta variant that could delay economic recovery. Fundamentals Spot gold was flat at $1,780.43 per ounce by 0056 GMT, while U.S. gold futures was little changed at $1,782.40. The dollar index held near a more Read More