Commodities Analysis & Opinion

Since the last US interest rate decision on December 18th, 2024, gold has experienced a remarkable recovery as anticipated. From its low point of USD 2,585, it climbed to a recent high of USD 2,697...

Copper and iron ore maintain prior gains following China “data dump” Industrial output up 6.2% YY, steel production surges 11.8% YY Property investment drops 10.6% YY, worsening slightly Home prices...

Gold, silver acting as inflation hedges Dollar strength, rising yields fail to curb gains Rallies stall at known resistance levels Momentum signals favor bullish bias near-term Summary Gold and...

Oil prices edged lower yesterday despite mounting supply risks related to sanctions Energy – Large US Natural Gas Storage Decline Oil prices traded weaker yesterday with ICE Brent falling back below...

We’re almost at the targets – in case of multiple markets. And we got other signs, too. The trend is likely about to change. Silver is up over $1.5 since we bought it – not bad for a two-day trade,...

For decades, I’ve been urging the CME to convert the 100-ounce futures contract to a no-margin physical market contract. I’ve also been urging them to launch a one-ounce gold futures...

WTI crude oil breaks a significant level at 78.75 to the upside. MACD rises but stochastic looks overstretched. WTI crude oil (cash) created a notable green candle in Wednesday’s session of around...

Gold’s big breakout was last year.  It exploded through resistance at $2,100/oz, out of its super-bullish cup and handle pattern, and touched $2,800/oz. The measured upside target remains $3,000/oz...

Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions continue to support prices Energy – US Crude Stocks Fall Oil prices...

Bond yields and the dollar are rising and perhaps its beginning to hit the stock market. Gold is holding up well but precious metals are in correction or consolidation mode. The key threshold will be...

Where’s the glut? I think we were promised an crude oil glut, but it isn’t happening. In the latest Energy Information Administration (EIA) Short Term Energy outlook they reported that global oil...

Gold’s stunning rise in 2024 has captured attention, but uncertainty looms as rate cut momentum slows. Geopolitical tensions and recession risks could fuel further gains, while hawkish Fed policies...

Energy prices fell yesterday, however, there is still plenty of uncertainty over how oil supplies evolve in the months ahead following US sanctions Energy – Colonial Pipeline Outage Oil prices fell...

Silver tends to outperform the rest of the precious metals sector close to the end of a given rally. We’re not there YET. Primed for Rally This provides us with a great trading opportunity when we...