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Precious Metals And Commodities: October 17

Published 10/17/2017, 08:03 AM
Updated 07/09/2023, 06:31 AM
XAU/USD
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XAG/USD
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GC
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HG
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LCO
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SI
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CL
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NG
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SB
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PA
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Our weekly journey through the precious metals and commodities CFD’s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis.

This week, U.S. interest rates are on the move as Taylor gets the inside track on running the Fed. Precious metals didn’t like it though. Which was the winner and the loser as U.S. yields rose? Is the bullish trend still intact?

Copper shoots skyward as China growth turbocharges industrial metals.

Over in energy, natural gas continues to range, but it's all action on oil as Iraq turmoil pushes prices higher. Will this keep going and is the price Nirvana of $60 a barrel finally in sight for Brent crude?

The softs remain becalmed this week except for soybeans, which have made a break for the topside. What's going on and what is the Commitment of Traders Report telling us about the grains?

US 5 Years 0:00:15, Gold 0:02:20, Silver 00:04:10, Platinum 00:05:55, Palladium 00:07:25, Copper 00:09:45, Natural Gas 00:12:25, Brent Oil 00:13:10, WTI Oil 00:17:00, Sugar 00:19:15, Soybeans 00:21:35, Corn 00:24:00, Wheat 00:25:20.

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