Commodities Analysis & Opinion

Since I predicted a steep fall in the gold futures while writing my last analysis, April gold futures closed Friday with a loss of $17. Precious metals on Friday retreated as Friday’s...

The rise in US oil inventories has halted the short-term price uptrend. Meanwhile, the situation in the Red Sea remains unstable and pivotal to oil prices' next move. Concerns about the Chinese...

Since I wrote my last analysis, I find that despite the surging hopes for a rate cut of 25 basis points by the Fed in its meeting on Jan.30-31, gold futures continued to witness selling pressure below...

A new report by BMO Capital Markets suggests that the price of gold is no longer being driven by real interest rates. What replaced them? I unveil the answer below.The American consumer did it again....

Gold and silver have started the week positively, with gold surpassing $2030 and silver reaching $23. Despite a challenging start in 2024, gold faces short-term pressures driven by positive risk...

Despite a rollover gap-up opening this week, Gold futures could remain under selling pressure on Monday as Friday’s stronger-than-expected economic data on Dec. Personal Spending and Pending...

On analyzing the movement by the gold futures in January, I find that the yellow metal is under selling pressure amid decreasing recessionary hopes and the anticipated meeting of the Federal Reserve...

Gold finished lower last week due to a slightly hawkish shift in Fed rate cut expectations Traders are closely monitoring central bank meetings (BOJ, ECB), global PMIs, and US GDP/PCE inflation...

Following today's impactful economic data announcement, gold bears gained renewed strength, keeping gold below the crucial support level at $2004. Signals from both building permits and initial...

A stronger dollar and a poor outlook for China's real estate market are weighing on copper prices But, demand for copper should gradually increase in the coming years Meanwhile, Antofagasta, a mining...

Oil prices fell more than 2% on Wednesday amid headwinds caused by a stronger dollar, oversupply concerns, and China's soft GDP data.Oil prices fell for a third day this week, with the West Texas...

After peaking in 2021, Copper prices declined sharply before bouncing around for a few years. That “bouncing” ended up following the twists and turns of Fibonacci rules.And we can see this...

Tensions in the Middle East continue to linger, however, comments from a Fed official and a surge in the USD yesterday held large parts of the commodity complex backEnergy – Red Sea Tensions...

Gold fell over 0.7% on Tuesday amid strengthening dollar and rising yields, as well as uncertain Fed path. Gold tumbled over 0.7% on Tuesday to $2,039, but technical analysis suggests that near-term...