GOLDUD closed last week's fluctuations with a slight correction of 0.59% to the level of $ 1,793.60 per Troy Ounce. Despite the broad market mood still favoring gold to remain firm lately, the impact of a rebound in the US Dollar is unavoidable and challenges investors ahead of this week's key data/events. However, the latest foundation for gold prices not to plunge further can be attributed to market concerns about the end of the stimulus policies launched during the pandemic. Also, it should be noted that US stimulus hopes and some of the world's major central banks also appeared in the press, acting as additional catalysts which at least contributed to the foundation for gold prices.
Commodity supercycle became a hot issue at the beginning of 2021. No wonder, because the prices of some key commodities had begun to recover. Find out more on THE SOURCE Issue 20!
The average of ICDX's tin price in October (until October 22) increased 7.48% compared to last month, and an increase of 71.97% compared to the average tin price at the beginning of 2021. The tight supply of tin amid strong market demand has made tin prices continue to move positively. In addition, the global energy crisis has triggered an increase in the basic cost of upstream to downstream sectors, and this condition is expected to persist at least until the end of the year.
The rupiah- denominated crude oil contract COFR closed last week with a another significant strengthening of 2.91% to the level of Rp 1,164,800 per barrel. During the week, oil was seen “comfortably” moving around its highest level since the last three years – capitalizing on key fundamentals headings that correctively affected crude oil supply levels and overall supply.
Popularitas kripto semakin meningkat seiring dengan adanya kebutuhan investor akan jenis aset yang murni digerakkan oleh kekuatan pasar tanpa intervensi pihak tertentu. Sistem yang umum disebut dengan desentralisasi ini berasal dari teknologi blockchain yang mendasari transaksi aset kripto.
Trader selalu digambarkan bersama dengan chart pada layar aplikasi trading. Chart memang membantu trader untuk mengambil keputusan dengan lebih pasti: melihat pola chart, menghitung jumlah pip, menarik garis tren.