Commodities Analysis & Opinion

If you wonder why U.S. consumer confidence is as bad as it is, just look at oil and gasoline.The price of oil is 8.7% higher than it was a year ago. The cost of gasoline is higher, even as consumers...

Gold dipped Monday morning due to profit-taking but longer-term outlook remains bullish, possibly marking a third month of gains. Recent increases linked to a weaker dollar and Fed rate cut...

The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD per barrel this Monday. The primary concern affecting the market today is the uncertainty surrounding demand...

Gold loses momentum after reaching a two-week highShort-term risk remains skewed to the upside above 2,325The week began with gold losing ground and giving up the gains it made on Friday when it...

Crude Oil closed another difficult week on the technically critical uptrend line of the last 6 months and this is no coincidence. Market participants are looking confused as the short-term trend...

Gold recently became extremely overbought in momentum terms against ALL major fiat currencies.For example, the following daily charts show that based on the daily RSI(14), a momentum indicator...

Oil prices seemed to put in a reversal after rumors surrounding OPEC-Plus cuts and perceived oil and product market gluts seemed to be put to rest. The Energy Information Administration (EIA) and...

Gold is only two months into a 13-year breakout while the inflation-adjusted Gold price, an indicator for gold stocks, is approaching a breakout from a 45-year base.Gold stock valuations are at very...

A series of weaker data may prompt the Fed to cut rates later this year. Meanwhile, gold prices are consolidating near $2300 and silver is testing an important support level. Is now the right time to...

Most US citizens have no savings and are carrying significant credit card debt. While the CPI, PPI, and PCE reports show inflation is in the 3% range, the average citizen feels that costs are rising...

By Mike Maharrey, Money Metals ExchangeFactoring in sizeable over-the-counter (OTC) buying, gold demand charted its strongest first quarter since 2016.Excluding OTC buying, demand fell 5 percent to...

Gold stays trapped below 2,325 after Monday’s bounceTechnical signals reflect persisting caution Gold had a positive start to the week, bouncing back above its 20-day exponential moving...

The oil market was trying to get its hands around the impact of Israel’s military operation in Gaza against a backdrop warning from a Chevron (NYSE:CVX) CEO about upside risk to the price of oil...

Brent crude oil is seeing a slight increase on Tuesday, priced around $83.57 per barrel. The market remains close to two-month lows, caught between optimism for a peaceful resolution to the Middle...