Gold and oil prices both close to recent highs
After good gains yesterday, both gold and oil look set for further gains.
Gold
The gold price remains in an uptrend despite falling back from yesterday’s highs. It has yet to indicate that a higher high has been formed on the daily chart, and instead looks set to keep pushing higher. A bearish reversal has yet to be seen, and instead further consolidation seems to be the order of the day.
Brent
The price of Brent crude remains close to $70.85, having clambered above $70 for the first time in over a year yesterday. The bullish move of the past few days remains intact, and points towards further upside in the near-term.
React to volatility on commodity markets
Trade commodity futures, as well as 27 commodity markets with no fixed expiries.1
- Wide range of popular and niche metals, energies and softs
- Spreads from 0.3 pts on Spot Gold, 2 pts on Spot Silver and 2.8 pts on Oil
- View continuous charting, backdated for up to five years
1In the case of all DFBs, there is a fixed expiry at some point in the future.
See opportunity on a commodity?
Try a risk-free trade in your demo account, and see whether you’re onto something.
- Log in to your demo
- Try a risk-free trade
- See whether your hunch pays off
See opportunity on a commodity?
Don’t miss your chance. Upgrade to a live account to take advantage.
- Analyse and deal seamlessly on fast, intuitive charts
- Get spreads from just 0.3 points on Spot Gold
- See and react to breaking news in-platform
See opportunity on a commodity?
Don’t miss your chance. Log in to take your position.
Related articles
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.