In a temporary pause from its recent upward trajectory, copper prices eased on Friday following two days of strong gains. Worries surrounding premature expectations for a halt to interest rate hikes and the absence of additional stimulus measures in China, the world’s largest consumer of metals, contributed to the slight

Introduction The silver market is currently witnessing volatility, with the XAG/USD price displaying back-and-forth movements in the early London session. At around $22.70, the white metal is struggling to find a clear direction as investors eagerly await the release of the highly anticipated United States Nonfarm Payrolls (NFP) data. This

Introduction The crude oil futures market faced a notable decline in open interest and volume on Monday, extending the trend for the fifth consecutive session. Preliminary readings from CME Group indicate a drop of approximately 6.2K contracts in open interest and a significant decrease of nearly 161K contracts in trading

Introduction Gold has shown resilience in the market, with a 5% gain in both futures trading and spot prices. However, the precious metal’s hold on the $1,900 support level is under strain as concerns grow over potential rate hikes by the Federal Reserve. This article examines the recent performance of

Gold prices experienced a significant surge on Friday as the gold spot XAU/USD witnessed gains of nearly 0.50%, reaching close to the $1,920 level. This remarkable jump was primarily driven by a combination of factors, including a weaker US Dollar and soft personal consumer expenditures in the United States. These

Natural gas prices experienced a modest retreat on Tuesday, signaling a temporary pause in the strong recovery that has been underway since mid-June. This downtick coincided with a significant drop in open interest, creating a potential pathway for further gains in the very near future. However, the market now faces

WTI crude oil prices remain relatively stable near $69.80 in early Tuesday morning trading in Europe, showing a lack of clear direction in the energy market. Over the past two days, oil prices have reflected a sense of indecision among investors. However, the market has found support in positive news

The latest flash data from CME Group sheds light on the recent activity in the crude oil futures market. Traders have significantly increased their open interest positions by approximately 6.6K contracts at the beginning of the week. However, in a contrasting trend, volume has experienced a decline for the second

In the European session, the XAU/USD price has exhibited signs of volatility contraction, hinting at a potential turning point for the gold market. As investors closely monitor the precious metal’s movements, it is becoming increasingly apparent that gold may be poised for gains. This shift is largely influenced by the

Natural gas prices experienced a remarkable surge on Friday, extending their recovery and reaching multi-week highs above $2.70. However, a closer look reveals a decline in open interest, which casts doubt on the possibility of sustained gains in the immediate future. Market participants now turn their attention to the next

The West Texas Intermediate (WTI) futures on the New York Mercantile Exchange (NYMEX) have recently reached a nine-day low, with prices sliding to $67.60. This downward trend has been fueled by investor apprehensions surrounding a projected decline in global oil demand. Analysts attribute this expected decrease to the continued policy-tightening