search result for "commodities"

There was a collective collapse in commodities. What happened? Just as the market was worried that China's overall cut in reserve reserve ratio might aggravate the rise in commodity prices, the commodity market ushered in a sharp drop on Monday, and crude oil prices were the first to bear the brunt.

The last trading day Tuesday (August 3rd): The international gold London gold once again oscillated and closed down.

Gold market trading day (July 19-23) week: International gold London gold oscillated and closed down, further showing pressure.

With the new Iranian President Lacey taking office, Iran has expressed its readiness to resume nuclear negotiations with world powers in Vienna, including indirect negotiations with the United States.

The US June Consumer Price Index (CPI) announced this week rose by 5.4% year-on-year, higher than the expected 4.9%, and hit the highest level since 2008.

Hurricane Ida violently hit the heartland of the US energy industry, but the crude oil market reacted flat on Monday, and some oil companies began investigating the extent of the damage caused by the storm.

As one of the world's largest commodity trading companies, Trafigura Group (Trafigura Group) said that due to the difficulty of supply to keep up with rapidly growing demand, global oil and gas prices will be higher this winter and beyond.

Tuesday of the last trading day (July 20): International gold London gold rushed higher and fell back and then closed down. Although Monday’s bottoming and rebounding strength continued, but it is difficult to last.

on the one hand, is betting on the smooth development of vaccines so that the global economy back to the recovery trajectory, on the other hand, is optimistic that the European and American central banks continue to increase the QE policy so that the dollar liquidity is increasingly flooded, further pushing up commodity valuations.

In recent times, there has been no obvious trend in the gold market, and the overall trend is still dominated by shocks. Today, I will briefly talk to you about the medium and long-term trend of gold. Now the market mainly has these several focuses: