Commodities Analysis & Opinion

After an almost record-breaking streak of weekly losses in crude oil, the market has eked out back-to-back wins but not nearly enough to overcome massive losses. While we believe that the market lows...

Following Friday’s stronger US data, both gold and silver slumped to close the week sharply lower, even if the former had hit a new record high at the start of last week and the latter reaching...

The implications of the ongoing reversal in gold are so crystal-clear that I’m not sure if it’s even needed to describe them.But I’ll proceed, nonetheless.The bigger the size of a...

COP 28 market 28 years of failure by trying to get countries to agree to the term ‘fossil fuel phaseout”. While reports circulated that OPEC was sending notes to stand up against this...

Gold quotes on the global commodity exchange have decreased to 2000.00 USD per troy ounce.   This month, the precious metal reached a new all-time high but failed to advance.   Two factors...

Gold starts a new bearish wave after record highA consolidation phase is likely; support at 1,970-1,99Despite its rocket rally to a new record high of 2,144 last Monday, gold could not successfully...

We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.We discuss the short-term outlook and note...

Gold just achieved a new nominal record close, its first in several years.  This pivotal technical milestone is super-bullish, unleashing widespread interest in this leading alternative sector....

Since I wrote my last analysis, gold futures have witnessed a selling spree amid hopes of the advent of a rate cut in 2024 as the macroeconomic data looks quite supportive for the Federal Reserve to...

Even a dead cat can bounce occasionally, with apologies to cat lovers. After an almost record-breaking string of 7 weekly losses, oil prices are trying to find support ahead of the monthly jobs report...

While the yellow metal hit a new record high, the silver price remains below its post-pandemic peak. While gold has dominated the headlines recently, silver and mining stocks have been...

Gold has pulled back after a mini-blow-off on Monday that followed a new monthly and weekly all-time high. It had cleared monthly resistance at $2000 and weekly resistance near $2030 before...

OANDA Senior Market Analyst Craig Erlam discusses the moves in gold in a week in which it hit a new record high and previews Friday’s US jobs report. Original Post

The crude oil market crash impacted the mood across the spectrum shaking confidence yesterday about asset classes across the board. Oil crashed below $70.00 based on rising US production and slowing...