Commodities Analysis & Opinion

The dovish comments from the Federal Reserve helped to improve sentiment yesterday, with gold prices recovering back to around US$2,030/Oz. Crude oil prices also gained on OPEC and EIA reports,...

An upbeat Fed meeting has dashed hopes of any imminent interest rate hikes. Federal Reserve's dovish tone yesterday has ignited a rebound in gold and silver prices. Gold has resurged above $2,000,...

Gold against the stock market remains weak and has a concerning technical setup. Gold must outperform the stock market to be in a real bull market as it was in the 1970s, 2000s and briefly from 2018...

With inflation, debt, and financial instability continuing to make headlines, a new national scorecard exposes Vermont, New Jersey, Maine, and Minnesota as America’s absolute worst states for...

Last week featured some wild trading for XAU/USD. The Dec 3 Sunday night price surge to $2145 and Friday’s jobs report certainly shocked a lot of gold bugs.Could this week be the same? Well, a...

After an almost record-breaking streak of weekly losses in crude oil, the market has eked out back-to-back wins but not nearly enough to overcome massive losses. While we believe that the market lows...

The implications of the ongoing reversal in gold are so crystal-clear that I’m not sure if it’s even needed to describe them.But I’ll proceed, nonetheless.The bigger the size of a...

COP 28 market 28 years of failure by trying to get countries to agree to the term ‘fossil fuel phaseout”. While reports circulated that OPEC was sending notes to stand up against this...

Gold starts a new bearish wave after record highA consolidation phase is likely; support at 1,970-1,99Despite its rocket rally to a new record high of 2,144 last Monday, gold could not successfully...

Despite a recent oil price recovery, bearish momentum persists, fueled by doubts over OPEC's output cuts and US crude exports. Seven weeks of declining oil prices have raised concerns about OPEC+...

We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.We discuss the short-term outlook and note...

Gold just achieved a new nominal record close, its first in several years.  This pivotal technical milestone is super-bullish, unleashing widespread interest in this leading alternative sector....

British Prime Minister (1874-1880) Benjamin Disraeli is infamously quoted in reference to the leader of Parliament’s Opposition: “If Gladstone fell into the Thames, that would be a...

Since I wrote my last analysis, gold futures have witnessed a selling spree amid hopes of the advent of a rate cut in 2024 as the macroeconomic data looks quite supportive for the Federal Reserve to...