Gold prices waned in demand last week as we expected. This week, we predict strong support will emerge at USD1820 /oz and begin to pick a bottom. The range is expected to be contained from USD1820 – U…
Commodity
Weekly Rubber Report – 27 Jun 2022
Market Fundamentals: Dollar Index (USDX) remains firm and puts a lid on general commodity demand. Last week, Rubber prices declined slightly as Crude waned, thus pressuring the TOCOM and SICOM Rubber.…
Commodity Market Report – 20 Jun 2022
Gold prices threaded in sideways last week as bargain-hunters are beginning to pick bottom at USD1805 /oz level. This week, we reckon the market movement will move within the USD1805 – USD1860 /oz ran…
Weekly Rubber Report – 20 Jun 2022
Market Fundamentals: Both U.S. Federal Reserve and Bank of England raised interest rate last week to counter global inflation. Dollar Index advances against Asia currencies and maintains strong moment…
Commodity Market Report – 13 Jun 2022
Gold prices reversed up from USD1840 /oz on Friday and sent a strong signal on rising. This week, we forecast the trend will sit firmly on USD1850 /oz support and surge further. The initial range will…
Weekly Rubber Report – 13 Jun 2022
Market Fundamentals: Global inflation has triggered a price rise in general commodities including rubber. However, Dollar Index (USDX) is extending its’ gain and the market reached above the 104…
Commodity Market Report – 6 Jun 2022
Gold prices recovered slightly but resisted at USD1875 /oz. This week, we project the trend to be prone to corrective while the price movement might drawdown to test USD1825 /oz again. The overall ran…
Weekly Rubbr Report – 6 Jun 2022
Market Fundamentals: Rubber prices recovered last week as Crude demand strengthened again. Wintering seasons also limit the supply and have helped in the Rubber demand. On Friday, the American payroll…
Commodity Market Report – 30 May 2022
Gold prices have returned to test USD1850 /oz last week. Moving forward, the market may correct again as the trading sentiment remains uncertain. This week, we target the range to contain from USD1810…
Weekly Rubber Report – 30 May 2022
Market Fundamentals: Last week, the Dollar Index (USDX) fell from the 103.00 level to the 101.00 regions. General commodity prices have recovered in demand. Crude prices resurged and lifted the Rubber…