CommodityOnline

US Oil closed lower on Thursday. The low range close sets the stage for a steady to lower opening when Friday's night session begins. Stochastics and the RSI are turning neutral to bearish, signalling...

How will the rejection of the Cyprus bailout impact the stock market? Will it make platinum any less appealing – especially relative to gold? The genie has been let out of the bottle. The fact...

Gold gained some ground against the American dollar, as intensifying worries about a possible economic catastrophe in Cyprus increased precious metal's safe haven appeal. The XAU/USD pair has been...

Gold continued its upbeat momentum after the releae of U.S. jobless claim data and existing home sales. Any advancement to retake the pivotal resistance line of $ 1620 remains a challenge. The strong...

After the late push to the close and the CLJ3 expiration, we’re still finding it hard to do much past neutral. We’re still faced with a daunting task on the charts of breaking out of the...

London Metal Exchange: Aluminium stocks rose sharply at 5229825 tons, an increase of 12,400 tons. Copper inventories gained 6625 tons, as per latest inventory position on Thursday. Zinc came on top...

The $1,556-per-ounce mark was, and still is a major support level that extends all the way back to September 2011. Although the sellers tested that line last month, they didn’t cross it....

Silver closed lower on Wednesday. The high range close set the stage for a steady to higher opening when the Thursday night session begins. Stochastics and the RSI are neutral, signalling that...

As the negotiation continues between Cyprus government officials, gold continues to be a prefered safe haven. Initially, gold moved lower after a better than expected US housing data. The yellow metal...

Gold posted an inside day with a lower close on Wednesday. The midrange close sets the stage for a steady opening when the Thursday night session begins. Stochastics and the RSI are bullish,...

US Oil closed higher on Wednesday. The high range close sets the stage for a steady to higher opening when the Thursday night session begins. Stochastics and the RSI remain neutral to bullish,...

Natural Gas closed lower due to light profit taking on Wednesday. The midrange close sets the stage for a steady opening on Thursday. Stochastics and the RSI remain neutral to bullish, signalling that...

Zinc prices at MCX are trading at lower levels. Volatility of the commodity is decreasing, as fundamentals are still in the bearish territory. Commodity is now trading around 103-105 levels.The...

Gold is currently testing the intermediate resistance of its medium-term bearish channel at 1,607, suggesting a decline. A break of this level will allow it to reach the upper limit of its channel at...

The gold naysayers are still out there in droves, other than Lady Gaga who is ensconced after surgery in a custom-designed, 24-carat gold plated wheel chair.Gold is off to its worst yearly start in a...

Silver closed slightly lower on Tuesday. The midrange close set the stage for a steady opening on Wednesday. Stochastics and the RSI are neutral, signalling that sideways trading is possible near...