Gold prices dipped last week as the Dollar Index visited 91.00 level. This week, we project the trend will thread sideways from USD1760 – USD1800 /oz while awaiting the leading sign from the Dollar mo…
Weekly Rubber Report – 22 Feb 2021
Market Fundamentals: Last week, Rubber prices climbed in Asia due to the lift in Crude demand. Market investors are widely expecting the U.S. stimulus to be rolled out in March and stimulates commodit…
Commodity Market Report – 15 Feb 2021
Gold prices traded in the uncertain direction as the market may be conducting its final correction. This week, we reckon the market will range from USD1800 – USD1840 /oz. However, most traders are pla…
Weekly Rubber Report – 15 Feb 2021
Market Fundamentals: As Crude oil ascended towards USD60.00 /barrel, Rubber prices have benefited in firm sentiment but yet to rise aggressively. On other hand, the week-long holidays in China market …
Commodity Market Report – 8 Feb 2021
Gold prices dipped beneath USD1800 /oz last week but closed at USD1811 /oz on Friday. This week, it is crucial to check the Dollar trend for an inverse correlation to the yellow metal. Literally, we f…
Weekly Rubber Report – 8 Feb 2021
Market Fundamentals: Dollar Index (USDX) ascended above 91.00 level last week and put a lid across most commodity prices. However, Crude oil outperformed and supported rubber prices for a recovery. OP…
Commodity Market Report – 25 Jan 2021
Gold prices have shown strong resistance at USD1870 /oz level. This week, we project the initial range will be contained from USD1820 – USD1870 /oz range. The eventual direction of the yellow metal wi…
Weekly Rubber Report – 25 Jan 2021
Market Fundamentals: Commodity rubber were stagnant with bearish bias last week while U.S. Presidential handover was taking place. Dollar Index (USDX) although is showing sign of exhaustion, has maint…
Commodity Market Report – 11 Jan 2021
Gold prices had a huge plunge on Friday and closed at USD1848 /oz. This week, we expect the trend to dip and attempt USD1800 /oz before bargain hunting steps into the market. The overall range will be…
Weekly Rubber Report – 11 Jan 2021
Market Fundamentals: Over the year-end of 2020, Dollar Index (USDX) has submerged below 90.00 benchmarks but returned above this level on Friday’s closing. Rubber has been resilient in price recovery …