Commodities Analysis & Opinion

Strength in bond yields and the dollar index is keeping gold prices under pressure. The dollar index rallied above four-month high and bond yields continued a recovery rally. The US 10-year Treasury...

Gold spot we wrote: Surely we must breakout of this range sooner rather than later!…first support at 1724/21. A break below 1719 could trigger losses towards 1717/15 & 1707/05, perhaps as...

LONG TERM TREND                            ...

The near-term outlook for silver is bearish as it could test $21-$22. However, this would be inline with past corrections in a bull market. Potential targets for the end of this bullish cycle include...

Oil prices have been on the move, dipping then flipping on headlines about the progress of reopening the Suez Canal, one of the world’s most important waterways. It was 6 days ago that the...

Oil is losing about 2% on Monday morning, down to $63 for Brent and $59.60 for WTII on reports that Egypt managed to unblock the Suez Canal from the container ship Ever Given. Sector analysts are...

Last week’s US consumer and inflation data was broadly in line with market expectations. Following surges in both income and spending in January, the consensus was for declines in February....

The big question in oil is who’ll win as this week closes: the bears or OPEC+? The 13-member Organization of the Petroleum Exporting Countries and its ten non-member...

Natural Gas futures look ready to repeat cyclical moves once more during April, May, and June 2021; they already showed during January, February, and March 2018. I find that the natural gas futures...

Many factors affect the gold price, but Treasury yields have been the one factor that’s been weighing more heavily than the others of late. Last week, the Federal Open Market Committee doubled...

Natural Gas futures on the Nymex had a positive week before closing 0,7% higher than the previous one at $2.56. The May contract closed at $2.62, 2.3% higher than a week ago.The EIA reported on...

Precious metals have continued to slide sideways as the U.S. stock markets have rallied into the FOMC meeting last week. Not by coincidence, metals have continued to base/bottom near recent lows as...

Another day, another reversal – and a positive one for stocks. Universal sectoral weakness gave way to a unison rebound amid constructive outside markets. After weeks of on and off fits over...

Many analysts expect silver to outperform gold this year. It’s possible, but investors shouldn’t count on improving economic conditions and industrial demand.Silver has recently become a...