Commodities Analysis & Opinion

It’s been a decade since gold outperformed the stock market on a steady basis.2018-2019 was strong, but precious metals couldn’t keep the momentum going. Today’s chart looks at...

Oil prices are on their way to the wild blue yonder after closing at the highest price since November and above the 200-day moving average. Global oil demand is surging, led by China, India and Japan....

First gas injection of 2023 likely occurred last week with 28-bcf build Spring start to storage one of the most bloated ever, seen at 1.881 tfc Charts suggest gas futures could break $2 support again...

China’s oil demand growth is expected to slow down, while India’s should accelerate in the coming years. India’s fuel consumption hit a new record in March, largely due to increased...

While there is growing concern for a correction in gold and gold stocks, the evidence is lacking. The GDX (NYSE:GDX) advance decline line signaled a breadth thrust for only the third time in the last...

Raw sugar futures hit a fresh 6.5 year high on Tuesday, April 11, as what turned to be subdued production in some key grower countries caused further supplies tightening. In Chicago, Sugar #11 Jul '23...

After a woeful 2023 start, silver has been keeping pace with gold’s momentum Jeff Clark of TheGoldAdvisor.com is calling for a peak of $30/oz for silver Chartist Sunil Kumar Dixit has major...

Gold prices resumed the advance on Tuesday after a limited downward correction prompted by the dollar's spike that followed the encouraging nonfarm payrolls report. At the time of writing, the spot...

Rice is perhaps the only grain commodity that has been trending down, unlike most of its commodity group peers. YTD, Rough Rice front month futures has declined over 10% from $18 ⅓ per cwt to...

Last Week’s ObservationsNatural gas futures hit a new low on Apr. 5 after a steep slide on the announcement of a meager weekly withdrawal, which makes the storage 32% higher than a year ago and...

The chart shows how many days since any significant rain in the major crop growing regions in the U.S. Initial yield estimates for this year’s US winter wheat crop have been hammered by...

Central banks accumulated gold at the fastest pace on record in the first two months of 2023, according to a report by the World Gold Council’s (WGC) Krishan Gopaul. In January and February,...

The price of gold remains strong, with prices sticking to $2007.00 USD per Troy ounce as of Monday. Last week, the market showed a strong desire to test record scores, with prices hitting local highs....