Gold continue on consolidating amid global mounting tensions

ecPulse
2014-07-21 18:19PM UTC
Amid overall global mounting tensions the yellow precious metal is currently narrow trading in New York after that last week a Malaysian Air passenger jet was downed in Ukraine and Israel continues on brutally attacking Gaza Strip with more and more innocent kids killed. If truth be told Gaza Witness Bloodiest Day in 3 Weeks while that Hamas Claims Capture of an Israeli Soldier but the amount of Palestinian kids and women that are targeted by the Israeli army is the major reason of almost millions of people protesting across the world. In fact more than 425 Palestinian were killed while only 18 soldiers were killed on the Israeli side and more than 2763 wounded on the Palestinian sided and 112 kids and women killed while none of the civilians were killed or even wounded on the Israeli side. Otherwise U.S. and Europe threatened tougher sanctions on Russia over its suspected role in the shooting down of flight MH17 in Ukrainian airspace Accordingly mixed sentiments are invading the commodities market and the gold is trading around $1312.65 an ounce recording a high of $1318.25 an ounce and a low of $1307.05 an ounce.

Commodities News

Oil News

Commodities

Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Gold News

Commodities

Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Oil News

Commodities

Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...

Commodities Technical Analysis

Technical Analysis

Commodities

Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...
Technical Analysis

Commodities

Soybean price reactivates the correctional scenario – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Soybean Price Analysis Soybean price breached the 1193.10$ level clearly and closed the daily ...
Technical Analysis

Commodities

Corn price hits the target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Corn Price Analysis Corn price rallied upwards yesterday to succeed achieving our first waited ...