Commodities Analysis & Opinion

I had a great and informative interview today with Dale Pinkert of Forex Analytics. We discussed many macro themes. The hotter-than-expected CPI number The trouble in the bond market The dollar most...

Oil prices almost had a clear upside breakout missing it by 1 cent ahead of the American Petroleum Institute (API) report which is probably the reason it did not happen. The API had a historic...

As gold hits a new all-time high of $2943, some early signs of overbought conditions start coming in with bullish momentum taking a pause a tad lower before reaching a 161.8% Fibonacci extension of...

Since the beginning of the year, copper prices on global markets have been rising rapidly. Investors expect the imposition of copper tariffs as a continuation of a broad-based trade...

The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the American Petroleum Institute (API) remain largely bearish. The market awaits...

Why is the supply of gold in London drying up while stocks in New York are at record levels? Introduction In recent months, the global Gold market has experienced an unusual and dramatic shift....

On November 7, 2024, I wrote a Daily called Food Commodities Comeback 1st Sugar, Now Soybeans. Back then I wrote, It should come as no surprise that I have been watching sugar futures carefully for...

Gold delivers topping signal on daily timeframe US 10-year yields push higher, pressuring non-yielding assets Ebbing geopolitical tensions add to near-term headwinds Summary Given renewed...

By Peter C. EarleGold has surged to a new all-time high, breaking through $2,911.72 per ounce on a thick mix of domestic and foreign uncertainty, inflation concerns, and a shifting macroeconomic...

By Mike MaharreyIn January, European gold-backed ETFs charted the largest inflow of metal in more than two years, driving global ETF gold holdings higher to kick off 2025.Gold-backed funds globally...

While some gold bugs in the West are nervous that gold “might fall down”, in the East the world’s most savvy gold market investors are waiting in earnest for… a price sale of significance to...

Oil prices extended their gains for a third consecutive session, with WTI surpassing $73 per barrel—up from $70.30 last Friday. Buyers have returned to the market despite rising U.S. inventories,...

President Trump has signed an executive order imposing an additional 25% tariff on steel and aluminium imports into the US, effective March 12, 2025. With four weeks until the tariffs take effect,...

Oil prices are on the rise as the Trump Administration starts to crack down on Iranian oil exports and concerns about the reserves of big oil companies. The market is also pricing in concerns that...