Commodities Analysis & Opinion

Viewing the gold price in a vacuum, some may think there is a bubble in gold, but that is far from the case The gold price is, after all, doing this… Just last week the gold price ticked our target...

Gold hit $3,000 but faces resistance due to profit-taking. A weaker dollar is adding support to gold prices. Central bank decisions this week could drive the next move. Get the AI-powered list of...

President Trump sent a clear message to Yemen’s Iranian-backed Houthis rebels saying that, “Your time is up, and your attacks must stop, starting today. If they don’t, Hell will rain down upon you...

The three-month downtrend phase of WTI crude oil from January 2025 has stalled at a major range support of US$65.40/barrel. China’s impending expansionary policies to boost domestic consumption...

Long-time (really long-time) readers of The Gold Update know that our microphones are just about everywhere as was the case in Rome’s Curia Pompeia (a little Latin lingo there) on this day in 44 B.C....

The major gold miners are finishing reporting their best quarter ever. Lofty record gold prices combined with production growth and decent cost control to catapult unit profits to their highest...

On Friday, the price of gold surged to 2,983 USD per troy ounce, marking a new record high. The precious metal closed the week with a gain of over 2%, driven by a decline in risk appetite and growing...

Oil prices came under greater pressure yesterday amid a broadening risk-off trend and bearish news from the International Energy Agency Energy – Surplus environment Oil prices couldn’t...

Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the...

Silver breaks above $33 to close at YTD highs Price and momentum signals point to a potential retest of October highs Escalating trade tensions could fuel silver’s supply concerns Bulls need to hold...

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration Energy – Kazakhstan Oil Production Surges Oil prices strengthened yesterday...

By Joshua D GlawsonOn March 6, 2025, U.S. President Donald Trump signed an executive order establishing a strategic Bitcoin reserve and digital asset stockpile for the United States government....

Upon analyzing the movements of the natural gas futures since the opening of this week, I anticipate that the opening gap up attracted big bears to shoot the flying saucer in time, and they are still...

A weaker US dollar provided some support to the commodities complex yesterday. However, markets remain sensitive to external developments Energy – EIA Reduces Oil Surplus Estimates Despite the...