Tag: Rise

Buoyancy From Weak Dollar Pushes Gold Higher

The rise of many dollar-denominated commodities¬†in Wednesday's trading session has continued into Thursday's, with a rise of 1.64% to 1,182.01 at 16:52 GMT. A falling dollar aided in pushing many dollar-denominated commodities higher in Wednesdays trading session, subsequent to the release of minutes from the Feds December meeting. With traders and analysts eager to detect … Continue reading Buoyancy From Weak Dollar Pushes Gold Higher

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Commodities Rise on Fed Minutes

Commodities experience gains across the board as the minutes from the Feds December meeting are released. Energy: WTI and Brent posted modest rises after significant drops in Tuesday's trading session. ¬†With Brent, the global benchmark, experiencing a rise of 1.69% and WTI Crude a rise of 1.72% at 19:25 GMT. Natural gas however experienced a … Continue reading Commodities Rise on Fed Minutes