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Natural Gas (XNG/USD) is trying to cling on to gains as an uptick in US Jobless data erases a positive mood. More broader, gas prices are starting to form a pure technical range on the ch

Gold price (XAU/USD) consolidates its recent gains after reaching $1,971 during the early Asian session on Wednesday.

Here is what you need to know on Wednesday, November 15: The US Dollar (USD) struggles to find demand after suffering heavy losses against its major rivals on Tuesday and Pound Sterling (GBP) weakens in the European morning on Wednesday.

Open interest in natural gas futures markets extended its uptrend on Tuesday, now by around 2.4K contracts according to preliminary readings from CME Group.

CME Group’s flash data for crude oil futures markets noted traders reduced further their open interest positions on Tuesday, this time by around 6.7K contracts.

This was triggered by the higher-than-expected fall in US inflation to 3.2% in October, the first decline in four months

Oil prices are in the red just ahead of the Producer Price Index numbers and US Retail Sales, after crude briefly tried breaking $80.00 on Tuesday. The drop in US inflation numbers trembled the markets and saw equities and bond prices soaring

Gold price is trading close to the highest level so far this week near $1,971 early Wednesday, unperturbed by the risk-rally on the global stock markets, a minor bounce in the United States Dollar (USD) and the US Treasury bond yields.

2024 should be the year US exceptionalism wanes and currencies outside of the US are allowed to refloat.

Gold price (XAU/USD) attracts some buyers and currently trades around $1,946 during the early Asian trading hours on Tuesday.