Commodities Analysis & Opinion

Gold investors have been setting their sights on $1,400 an ounce, a price not reached since September, as the worst standoff between the West and Russia since the end of the Cold War increases demand...

The buzz phrase at PDAC 2014 could be described as “cautious optimism.” Executives, analysts and investors seem to believe a corner has been turned but failed to show any excitement or...

The Bitcoin (BTC/USD) fiasco shows the difference between fiat money, virtual money and the only real money, namely gold. Mt. Gox, the Tokyo private exchange for Bitcoins, filed for bankruptcy last...

Steel and increasingly aluminum demand could be hit this quarter if automakers cut back on production.Auto inventory levels have soared over recent months as frigid temperatures and winter storms in...

The Shanghai Gold Exchange (SGE) is back on schedule publishing their trade reports on Friday that cover the previous trading week. Last friday’s report covered the trading week February 17...

Gold has retraced much of yesterday’s gains as tensions in Ukraine have eased somewhat. While the risk-off trade is being unwound, the Ukrainian crisis is far from being resolved and the...

SilverThe dollar traded unchanged, or lower, against its other G10 counterparts during the European morning as investors reversed the recent risk-off trades. It depreciated against the NOK, SEK, EUR,...

Gold broke to a new swing high, which can be wave (v) in C as shown at the updated wave count. We see prices hitting first resistance area around 1352 from where price may turn down if at the same...

Gold beat strong resistance at 1345/46 to hit our target of 1353/55 and topped exactly here as predicted. A good chance for a high for the day again today, and even for the week here, so use as a...

WTI Crude raced higher to our target of 105.00/10 and topped at 105.22. Although overbought the outlook remains positive, and a break higher should target 105.55 then 106.00/10 and 106.40/46.Immediate...

Natural Gas failed exactly at resistance of 4730/50 and sold off to fill the gap at 4653/25 then retest 4441 lows last week. We bottomed at 4463 but any longs today need stops below 4430. Go with a...

Gasoil shot higher than expected beating February highs at 941/942 to reach 947. A lot of Fibonacci resistance at 947/949 this week so we should struggle here again today. Try shorts with stops above...

Brent Crude shot higher to 112.39 and held support at 110.60/55 on the pullback. Use 110.80/70 as support today and although the outlook remains positive, longs need stops below 110.40. A break lower...

The gold price has benefited in recent days from the uncertainty surrounding the situation in Crimea, sending the yellow metal to four-month highs. However, this morning Putin has held a fireside...