Commodities Analysis & Opinion

Nickel prices are currently trading near $18487. Prices have recovered from the recent low of $15670 registered in March 2021. Increasing demand optimism for electric battery and electronic vehicles...

With just hours to go before the close of June trading, this quarter’s list of best and worst performing commodities is almost final, and a heads-up before you read on: Some of these...

Gold Spot was in a consolidation pattern as predicted and therefore we expected a break lower. We have been selling in to resistance levels for 2 weeks and at last prices broke 1760 for the next...

I have breathed a sigh of relief over the past couple of days at what’s been going on with oil and energy stocks.For weeks now, I have been excitedly watching the ARCA Oil Index creep toward...

When credit spreads narrow, it’s bad for gold. But this time there is a silver lining we can look for, although it’s quite adverse for the economy.There are several important factors...

The global oil market is tightening at a frantic pace and the big question is, will OPEC+ rise to the occasion and save the world from an oil price spike?   While the oil market started the...

Silver prices have been trading in the $25.75-$26.40 range over the last five trading sessions. However, precious metals did find some support while the US dollar was experiencing weakness and bond...

Oil has a pre-OPEC+ correctionOil prices eased overnight as pandemic concerns, and their effect on global growth, and overbought technical indicators, saw markets lighten long positions into this...

With the traditional “summer driving season” in full swing as developed markets continue to vaccinate their populations, demand for oil and its derivatives is on the rise. Against this...

As expected it was another positive week for crude oil as the WTI August contract closed at $74.05 per barrel. Bullish sentiment continues in early trading as the contract trades at $74.14 per barrel...

Just before the hunt begins, the hunter needs to be sure its prey feels safe. Will we see a promising short-term rally in gold?After the USD Index reasserted its dominance once again, its bellowing...

Oil prices are playing the waiting game as the market awaits the decision by OPEC plus Russia on how much supply they will add to the market and at the same time question whether or not Iranian...

Oil grinds higher ahead of OPEC+Oil was almost unchanged in Asia today, albeit firmly anchored at the highs of last week as prices once again ground higher on Friday. Brent crude rose 0.77% to USD...

A slew of Federal Reserve speeches and US jobs numbers for June will channel gold's energy this week. Oil bulls, meanwhile, stay hopeful of more “goodies” from OPEC+ —more in this...