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…
Commodity
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…
Commodity Market Report – 23 May 2022
Gold prices dipped beneath USD1800 /oz and bounced last week. Technically, we have identified firm support at USD1820 /oz for the coming week. The market range is expected to contain from USD1820 – US…
Weekly Rubber Report – 23 May 2022
Market Fundamentals: Rubber prices stabilized last week due to global supply shortages. Monsoon season in South-East Asia countries has disrupted the production of many raw material. Meanwhile, the un…
Commodity Market Report – 16 May 2022
Gold prices waned as the market perceived a strong Dollar last week. Technically, we have identified strong support at USD1780 /oz in case of falling further this week. Topside resistance is limited a…
Weekly Rubber Report – 16 May 2022
Market Fundamentals: The Dollar Index (USDX) reached 105.00 level on Friday and closed near to this high. Commodity markets slumped except the Crude prices. Generally, food prices, Gold and Rubber tra…