New York, Aug 25th (TradersHuddle.com) – Gold prices were higher this morning as investors continue to bid up the price of gold amid the economic uncertainties that have been haunting the market for the past few weeks.
Gold has been very resilient ...
New York, Jul 25th (TradersHuddle.com) - Crude oil ended the week trading at $79 a barrel, which puts it in position to make a run towards the $80 level this week. Oil rallied with the market this past week, and had an important breakout last Thurs...
New York, Jul 2nd (TradersHuddle.com) – Although Gold futures have been able to hold its ground today by trading higher, the Gold Trade suffered a major technical blow with yesterday’s aggressive move to the downside.
The marquee gold ETF, the spid...
New York, Jun 17th (TradersHuddle.com) – As gold futures continue to flirt with reaching all time highs, momentum is starting to build on the gold miners as well.
The Spider Gold Trust (NYSE:GLD) continues to build momentum as it coils with the asc...
New York, Jun 14th (TradersHuddle.com) – The United States Natural Gas Fund (NYSE:UNG) is probing the $8.50 area, which was the high volume breakout highs earlier this month.
The UNG was able to hold above the $8 area last week, setting what trader...
New York, June 7th (TradersHuddle.com) - Copper fell to a seven-month low in London on concern over the metal’s demand may be curbed by slowing economic growth.
Freeport McMoRan (NYSE:FCX), the largest publicly traded copper producer, fell more t...
Singapore, June 3rd (TradersHuddle.com) – Crude oil moved higher in electronic trading after a report from the American Petroleum Institute showed U.S. gasoline inventories declined.
Crude oil moved higher yesterday, after pending home sales were...
New York, May 29th (TradersHuddle.com) - Crude oil fell on Friday, capping the worst month since December 2008, after a Fitch Ratings downgrade of Spain’s credit rating, pushed the euro lower.
The commodity was already lower on the session after ...
New York, May 22nd (TradersHuddle.com) – Aluminum prices moved higher on Friday as the euro rallied on traders covering their shorts on speculation the European Central Bank will intervene to support the currency.
Aluminum prices have dropped 11%...
New York, May 20th (TradersHuddle.com) – The Spider Gold (NYSE:GLD), will likely see further weakness into the start of today’s trading session.
Gold fell in London, extending the biggest drop in more than three months, as market participants so...
New York, May 18th (TradersHuddle.com) – Earlier today, Gold futures for June delivery slid 1.1% to $1,214.60 on the Comex in New York.
Gold futures fell to a 1-week low, as demand for the precious metal eased following last week’s rally to an al...
New York, May 17th (TradersHuddle.com) – Crude oil is currently being hit by Asia sell-off, as its trading at $70.40 per barrel on the benchmark crude future contract for June Delivery.
Traders will monitor the $70 level for the price of crude, as i...
New York, May 16th (TradersHuddle.com) – Shares of the United States Natural Gas Fund (NYSE: UNG) closed the Friday session at $7.51, fractionally lower on a very tight range, as it is dealing with the resistance at the downtrend defined by the 50 d...
New York, Dec 17th (TradersHuddle.com) – The Raw-materials sector in the S&P 500 index was hard hit as an increase in the value of the greenback pushed down prices of dollar- denominated commodities including aluminum, copper and gold.Gold and co...
New York, Dec 10th (TradersHuddle.com) – Natural Gas is surging to an 11-month high, after a report from the Energy Department showed a bigger inventory decline than analysts expected. Inventories declined 64 billion cubic feet in the week ended Dec....
New York, Dec 7 (TradersHuddle.com) – As the Federal Reserve Chairman Ben Bernanke spoke a key and very strong market reversal occurred with the weakness in the Dollar.
The Dollar Index dropped as Ben Bernanke provided little clues regarding the Fed...
New York, Dec 6 (TradersHuddle.com) – Electronic trading and Asian stock markets are putting pressure to price of gold down another 1.54% this Sunday night.
The price of Gold tumbled last Friday after a better than expected unemployment number, resu...
New York, Dec 3 (TradersHuddle.com) – The last month the market has seen continuous rotation, except for the financial sector that has been lagging in this latest leg up in the market. Gold on the other hand has greatly outperformed the S&P 500 s...
Tokyo, Nov 23 (TradersHuddle.com) - Asian stocks started trading on Monday, moving to the upside as higher metal prices boosted mining companies.Gold started trading in the shortened holiday week in the U.S., moving higher for the seventh straight se...
New York, Nov 19 (TradersHuddle.com) - Commodity-related stocks took a hit as the Dollar rose against both the yen and euro. Shares of energy producers and Dow components Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) were undermined, as oil fell for ...
New York, Nov 18 (TraderHuddle) – The price of Gold continues to make record highs and this morning gold came very close to breaking $1,150, by reaching an intraday high of $1,149. The Spider Gold Trust (NYSE:GLD), which is the instrument that the ma...