Commodities Analysis & Opinion

It’s the first Daily Nugget of December and I wish I could bring you some positive news on gold and silver filled with Christmas cheer, but alas I cannot. Last month the gold price fell 5.4%,...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular dropped two cents and Premium one cent. Regular and Premium...

Weekly Trading LevelsBest buy and Support for the week @ 94 (current resistance) Actual resistance and Best short Level for the week holds @ 94.78 . A break above 95.56 upside target @ 98.48 - 99.65...

Yes it's been a rough time for metals the past couple of years with gold down -35%. Back in 2011, a 30-year Fibonacci extension level stopped gold on a dime, as bullish sentiment was hitting lofty...

No good news for sugar on the horizon and the market is full of discouraging news. The growth potential for the Thailand crop next year should be significant, so more sugar will be offered which...

Brent crude oil was helped by disruptions in Libya and pushed above $110 on Monday morning. The commodity traded at $110.14 at 5:25 GMT.   CNBC reported that more than 40 people were killed in...

MUMBAI: MCX Natural Gas December as seen in the weekly chart above has opened the week at 241.30 levels initially moved lower, but has found very strong support at 238.30 levels. Later prices rallied...

MCX Crude December as seen in the weekly chart above has opened the week on its high at 5974 levels and then fell sharply lower breaking both the support levels towards 5761 levels. Later prices...

Gold retested last week's highs at 1254/56 on Friday as hoped, which held the move higher as expected & we topped exactly here. This trade worked perfectly as we drift lower towards 1245. Below...

MCX Silver March as seen in the weekly chart above has opened the week at 45,769 levels initially moved higher, but has found resistance at 46,489 levels. Later prices fell sharply towards 45,237...

MCX Gold February as seen in the weekly chart above has opened the week at 29,141 levels initially moved lower, but has found good support at 28,958 levels. Later prices rallied sharply towards 29,521...

Hourly ChartCrude Oil prices received a boost this morning due to the China Manufacturing PMI numbers that were released over the weekend. The latest official PMI numbers have beaten analysts...

As traders return to their desks following the Thanksgiving weekend, gold has retraced all of Friday's gains and is now trading back below $1240 and the 200 hour MA.Gold fell $100 in November,...

Harvest is almost finished in the U.S. Corn Belt due to favorable fall weather, with a majority of farmers reporting higher than anticipated yields. 2013 U.S. farmer income is expected to increase...