Gold spot prices made fresh new high at USD3057 /oz and closed at USD3023 /oz. The market is showing temporary exhaustion despite piercing into a new uncharted territory. This week, we project the mar…
Commodity
Weekly Rubber Report – 24 Mar 2025
Market Fundamentals: Rubber prices traded in firm sentiment as Dollar Index (USDX) stabilized at 103.00 level and Gold demand surpassed USD3000 /oz level last week. Market demand for Rubber will stay …
Commodity Market Report – 17 Mar 2025
Gold spot prices have moved into a new uncharted territory last week. Technically, we foresee the market may take a breather this week and trade within USD2960 – USD3000 /oz region. Piercing abo…
Weekly Rubber Report – 17 Mar 2025
Market Fundamentals: The natural rubber market remained sluggish last week following the weakness in Crude prices. However, a correction in the U.S. Dollar Index (USDX) has helped to support the Rubb…
Gold spot prices crawled up last week but remained in modesty. This week, we forecast the market will thread within USD2920 – USD2960 /oz initially. However, the market carries a potential in piercing…
Weekly Rubber Report – 24 Feb 2025
Market Fundamentals: Rubber prices remained steady as the U.S. Dollar Index (USDX) was on the verge of devaluation. However, the TOCOM Rubber has begun to stagnate and trigger a spread ratio between t…
Commodity Market Report – 17 Feb 2025
Gold spot prices hit record higher at USD2942 /oz last week and retreated. Market settled at USD2883 /oz on Friday. This week, we project the trend will trade lower and move within the range of USD284…
Weekly Rubber Report – 17 Feb 2025
Market Fundamentals: Rubber prices gained traction in growing demand despite a potential U.S.-China trade war is rising soon. The fall in Dollar Index (USDX) has triggered a push in SICOM Rubber while…
Commodity Market Report – 3 Feb 2025
Gold spot prices broke above USD2800 /oz last week and created new historical high at USD2817 /oz level. This week, we foresee the market will climb higher due to falling Dollar. Range is aimed at USD…
Weekly Rubber Report – 3 Feb 2025
Market Fundamentals: Natural rubber traded with mixed sentiment as President Donald Trump implemented his initial set of sanctions and tariffs, underscoring risks to global trade and the economy. The …