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Commodity

Gold

Gold Up Over Cautious Stimulus Hopes

2020-12-23
By: Administrator_India
On: December 23, 2020
In: Commodity
With: 0 Comments

By Administration_ India Capital Sands Gold futures inched up 0.01% at $1,870.50 by 10:47PM ET (3:47 AM GMT). U.S. President Donald Trump said on Tuesday that he may not sign a COVID-19 bill passed by both the House of Representatives and the Senate on Monday. He called the bill an unsuitableRead More →

Oil Down

Oil Down, Rise in COVID-19 Cases Leads to Fuel Demand Worries

2020-12-18
By: Administrator_India
On: December 18, 2020
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Oil was down on Friday morning in Asia, with ever-rising numbers of COVID-19 weighing on fuel demand and the U.S. Congress continuing negotiations for a $900 billion economic stimulus bill. Brent oil futures were down 0.23% to $51.38 by 11:02 PM ET (4:02 AM GMT) and WTIRead More →

Oil Down

Oil prices drop on US stock build, delay in OPEC+ meeting

2020-12-02
By: Administrator_India
On: December 2, 2020
In: Commodity
With: 0 Comments

By Administrator_ India Capital Sands Oil prices extended losses on Wednesday, hit by a surprise build in oil inventories in the United States and as OPEC and its allies left markets in limbo by delaying a formal meeting to decide whether to increase output in January. Brent crude oil futuresRead More →

Oil Continues Rise on Vaccine, Stockpile News

2020-11-11
By: Administrator_India
On: November 11, 2020
In: Commodity
With: 0 Comments

By Administrator _India Capital Sands Oil was up on Wednesday morning in Asia, with gains of over 11% in the last two days. Prices have been buoyed by positive COVID-19 vaccine news and encouraging U.S. stockpile data. Brent oil futures rose 0.92% to $44.01 by 11:45 PM ET (3:45 AM GMT)Read More →

Oil prices decline with OPEC+ warning of precarious market outlook

2020-10-21
By: Administrator_India
On: October 21, 2020
In: Commodity
With: 0 Comments

By Administrator _ India Capital Sands Oil extended declines as Opec+ warned of a precarious outlook for the market while a resurgent virus hits consumption. Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman, speaking at the coalition’s committee meeting on Monday, called on the group to be proactive in theRead More →

Oil glut trade on brink of a return; Brent crude falls below $40

2020-09-09
By: Administrator_India
On: September 9, 2020
In: Commodity
With: 0 Comments

By Administrator_India Capital Sands The combination of a stalling Asian demand recovery, the end of the US summer driving season, and increased supply from the Opec+ alliance are signaling a bleak short-term outlook for oil prices. The global Brent crude benchmark is currently trading quite deeply in a bearish pattern knownRead More →

US-China trade optimism to limit XAU/USD’s rebound

2020-08-25
By: Administrator_India
On: August 25, 2020
In: Commodity, Corona HIts US
With: 0 Comments

By Administrator_India Capital Sands   Gold (XAU/USD) started out the week on the back foot and closed Monday below $1930, extending Friday’s weakness. The spot once again failed to sustain above the $1950 level, as the coronavirus vaccine optimism lifted the risk sentiment and dulled the haven appeal of gold. WallRead More →

Europe Weakens; Weighed by Losses in Oil Sector

Oil Up Over Signs of Recovery in Demand

2020-08-11
By: Administrator_India
On: August 11, 2020
In: Commodity
With: 0 Comments

By Administrator_India Capital Sands Oil was up for a second day in a row Tuesday morning in Asia on signs that demand for fuel may be recovering along with renewed hope of a new stimulus package in the U.S. WTI futures rose 0.79% to $42.27 by 12:07 AM ET (5:07 AMRead More →

Gold shines on falling dollar, yields; pandemic cost concerns drag on shares

2020-08-05
By: Administrator_India
On: August 5, 2020
In: Commodity, Covid-19
With: 0 Comments

By Administrator_India Capital Sands   Gold scaled a new high on Wednesday as a weaker dollar and falling bond yields burnished its safe-haven appeal, while shares were mostly lower as investors baulked at the ballooning cost of the coronavirus pandemic. Risk assets such as equities have surged in recent monthsRead More →

Oil Holds Near $41 Amid Concerns About U.S. Demand Recovery

2020-07-24
By: Administrator_India
On: July 24, 2020
In: Commodity, Covid-19
With: 0 Comments

By Administrator_India Capital Sands   Oil held losses near $41 a barrel in New York as signs of weakness in the U.S. labor market cast doubt on the strength of the demand recovery in the world’s biggest crude consumer. The first increase in jobless claims since March comes as lawmakersRead More →

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