Commodities Analysis & Opinion

Balmoral Resources Ltd. has completed the field component of its large-loop surface and borehole EM surveys on the company’s Grasset Property in northern Ontario and has resumed drill testing....

India’s iron ore exports saw a 27.6 percent slump at 12.6 million tons (MT) during the April-February period of the current fiscal year, and much of the drop is being attributed to the export...

From a short term perspective, the iShares Gold Trust is challenging its rising 20-day moving average. We prefer to take profit right now at last price $13.03 on long position opened on December...

Liu Zhenjiang, vice chairman of China Iron and Steel Association, warned China’s metal producers of further challenges for the stagnated iron and steel sector, Money 163 reported. January losses...

Gold remains corrective after gains stalled shy of the important $1400 zone early in the week. There has been some unwinding of the safe-haven play as Ukrainian situation seems to have stabilized...

Copper futures are lower by 11.6% ytd and the most recent leg has caused prices to implode 7.7% just in the last two weeks. May futures traded to their lowest level in almost four years intra-day...

Almost daily, there’s a new piece of information coming out about the Chinese economy that suggests economic conditions there are worsening. We see China’s manufacturing sector is...

Brent crude oil slid lower as worries about Ukraine subsided and concerns about an oversupplied market drove prices.The commodity traded at $106.45 at 8:15 GMT on Wednesday morning as the Federal...

Gold seems to be sparking more attention these days, as investors have seen the precious metal steadily rise from its December low of around $1,200, to a new high of $1,350 just three months...

Gold continued to correct yesterday after reaching our rally target at $1391, falling as low as $1350 before finding support.This morning, gold remains under pressure and is currently trading around...

Crude oil found a support yesterday around 97.30 and moved impulsive to the upside on the intraday basis. So, it seems that market found a low, possibly even completed a corrective, three wave move...

Gold broke 1360/57 hitting Fibonacci and 6 week trend line support at 1350/49 to exit shorts and try longs. This trade worked perfectly as we bottomed exactly here and shot higher to 1362. Today we...

Gasoil April bottomed before reaching good support at 882/881 and managed a recovery, look to our first target of 892. If we can hold on above 892/891 we should push higher to 895/896 and perhaps as...

Natural Gas headed lower from 4550 as predicted almost filling the gap at 4430/20. We bottomed at 4446 but should stage a recovery today to 4490 then 4525/35. We should struggle with a high for the...