Commodities Analysis & Opinion

Gold is currently trading near $1913, which was the highest level on Jan. 11, 2021. Weakness in the US dollar index against other currencies, and in global bond yields are keeping gold prices...

WTI Oil price is trading above $68, which is the highest level of Nov. 18. Increasing demand optimism in the US, UK, and Eurozone are likely to keep oil prices higher. The summer driving season...

Anticipation of summer demand, along with OPEC maneuvers, should keep oil prices on the boil this week, while gold tries to break into the higher $1,900s on inflation concerns as trading for June...

Gold and gold stocks have a bit more upside before reaching resistance, which could lead to a pause or correction. Silver hasn’t been able to pierce $28.50 yet. The recent rebound confirms gold...

Since we gave up on the Gold Standard in 1971, Gold was almost shunned by financial institutions. Holding gold represented questioning the monetary system. We find an impressive acceleration of...

Gold seems to be taking a breather slightly north of the 1,900 hurdle, despite having formed fresh footing off the red Tenkan-sen line around 1,882. The rising 50-day simple moving average (SMA) and...

The oil market maintains upward momentum despite apparent caution by players around the two-year highs. Brent is trading at $69.50, the area of this year's peaks. Two years ago, in 2019, it failed to...

Natural gas has eked out gains from the post-inventory dip on Thursday. Expected levels were a three-digit injection, but natural gas futures were sustaining well above the psychological support at...

The rebounds in Gold and Silver exceeded my expectations and closed May in a strong fashion, near the highs of the month.Gold’s monthly close was the third-highest ever. Silver failed to break...

Davos really do think they are too clever by half. Despite prognostications to the contrary, negotiations with Iran over a new JCPOA are nearing completion which Biden/Obama will sign off on after...

As it's the weekend, it’s a good time to look ahead to a key event early next week: Tuesday’s OPEC-JMMC meeting.The cartel and its allies will gather to evaluate the latest developments in...

Natural Gas futures on the Nymex had a volatile week before closing 2.3% higher than the previous one at $3.00. EIA confirmed on Thursday a rather average build for this time of year of 115 Bcf in...

Precious metals markets are making modest advances in this final trading week of May. U.S. markets will be closed on Monday in observance of Memorial Day.During the extended weekend, millions more...

Is coffee starting to heat up and percolate with other commodities? Looks like it! This chart comes from Marketsmith.com reflecting iPath® Bloomberg Coffee Subindex Total Return(SM) ETN (NYSE:JO)...