Commodities Analysis & Opinion

OPEC meeting likely to maintain Dec output targets, weighing on crude prices Projected Fed rate hike of 25 bps to lead action across markets, including in gold US December jobs report, along with...

The levels for Gold remain the same. There is resistance at $1950, $1960, and a potential pattern target measuring $2020. Last week Gold came within cents of $1950. We are on guard for a correction,...

Wheat prices continue their volatile upward trend and hit record levels this marketing year and are expected to remain elevated into next year. They will surely remain in primary focus of agricultural...

Natural Gas Futures on the Nymex had a negative week before closing 5% lower than the previous one at $2.85. EIA reported another bearish draw for this time of year of 91 Bcf in working underground...

Last week we wrote about the propensity for mild corrections in the early stages of Gold bull markets.Corrections in Gold tend to be limited to 8% to 10% at the most while corrections in the gold...

Movements in the natural gas futures contracts in the last week indicate a reversal is still on the card as the buying was visible below $ 2.774, despite continuous selling by Hedge funds in three...

Arabica hit a 3-week high after the 20-month bottom of $1.42 a lb on Jan. 11 Production in top coffee grower Brazil is overrated, say analysts Trader Volcafe says world expected to face 3rd straight...

GoldGold prices are on track to post losses this week, mainly for two reasons. Firstly, this week, we have seen strong US economic data, which indicates that the US economy is faring much better than...

Between 2020 and now, quite a lot happened, quite a lot of money was printed, and we saw a war in Europe. Yet gold failed to rally to new highs.It’s trading very close to its 2011 high, which...

Oil agencies expect solid global oil demand growth with a significant contribution from China, and subject to the burden of proof, many traders think  it could  push the market back into...

Movements in the natural gas futures contract since the breakdown below $3 indicate a sharp reversal could start soon after the inventory announcement tomorrow.The commodity stayed under selling...

While European gas prices continue to edge lower, US natural gas prices have also come under pressure, falling to their lowest levels since May 2021.Energy - US Natural Gas Falls Below $3/MMBtuICE...

U.S. oil production could be flatlining at about 12.1 million bpd in 2023 Even if they manage to drill more wells, U.S. producers would likely be stuck with oil they cannot transport Conversely,...