Commodities Analysis & Opinion

Oil prices rocket higherIt seems that the speculative longs who were culled last week can’t leave the oil trade alone, with Brent crude and WTI enjoying the second day of explosive rallies....

Silver prices are holding in a tight range near $27.54 - $28.10 however, weakness in the US dollar is likely to support precious metals. Silver prices are still trading higher from the recent low of...

Copper prices are currently trading near $9,960 which is marginally up from Friday’s low of $9,848 on the back of weakness in the US dollar. Albeit, copper prices have corrected from the recent...

It’s the worst performing commodity of the year despite being the chief ingredient in some of the most beloved confections.Cocoa, the raw material for chocolates, baked goods and ice cream, is...

GDX (NYSE:GDX) and VanEck Vectors Junior Gold Miners ETF (NYSE:GDXJ) are inching closer to a potential 8 or 9-year breakout against gold. They are going to outperform Gold on a scale we have not seen...

As we know, history tends to rhyme. It’s never the same, but when you zoom out, the bigger picture often looks very similar. What does it mean for gold?Short-term implicationsWith gold’s...

One of the biggest reasons why people invest in assets like gold, Bitcoin and altcoins is because they act as hedges against bad government policy.Look at Venezuela. The beleaguered country’s...

Oil prices are roaring back as it seems the Biden administration is having second thoughts about quickly lifting sanctions on Iran and expectations for huge demand on the global re-opening trade....

The precious metals market has revived recently. One of the compelling reasons for the gold price surge is the meltdown of a highly volatile cryptocurrency market. In this light, the leading precious...

It was another solid week for gold, which as expected continues to bank gains as the longer-term bullish trend gathers pace on towards the $2,000 per ounce level. But what of the price action on a day...

As we start another trading week I’ve simplified the daily chart for WTI oil to show more clearly the key technical levels which continue to dominate this timeframe and cap longer-term advances...

Crude oil prices are currently trading near $64.56, sharply up from last week's low of $61.56 registered on Friday. Positive economic data has increased economic optimism and is likely to support...

Gold prices have been hovering near a four-month high, while weakness in the US dollar, and US bond yields have been supportive for gold.The dollar stood near its lowest levels in three months against...

Hurricane fears pushed oil higherFears that a storm in the Gulf of Mexico might evolve into a hurricane lifted oil princes on Friday. Brent crude shot up by 2.55% to USD66.65 a barrel, while WTI by...