Commodities Analysis & Opinion

In a surprising turn of events during the first week of December 2023, Gold futures achieved a record high, reaching $2152 from the day's low at $2038 on December 4, 2023.This unexpected move followed...

Oil prices jumped higher on Friday after US and UK attacked Houthi rebels. Analysts think further escalation in the conflict may propel Brent above $80.Oil prices spiked on Friday after the US and its...

Geopolitical risks continue to grow in the Middle East with the US and UK carrying out airstrikes against Houthis in Yemen. Potentially more concerning for oil markets is Iran having seized an oil...

Due to multiple potential headwinds, HSBC economists think gold is unlikely to remain above $2,000 in 2024. Gold prices surged to a new record high last month, driven by geopolitical tensions....

Gold bears appear poised to become more aggressive as concerns about a looming recession diminish, fueled by favorable economic data that supports expectations of a potential rate cut.Today's bumpy...

Oil prices came under pressure yesterday with a bearish EIA inventory report, while European gas prices found some support given developments in the Red Sea. Meanwhile, the share of Russian aluminium...

After analysis of the movements by the Natural Gas futures since this weekly opening, I observed that the natural gas prices spiked massively on Tuesday from $2.95 to $3.40 on colder trends, then...

Large parts of the commodity complex came under pressure yesterday, with the sell-off led by energy. European gas prices came under pressure with ample storage, whilst for oil there are more signs of...

Protests at Libya’s largest oil field has seen force majeure declared on these supplies. This supply disruption and the geopolitical situation in the Middle East continues to provide some...

Gold faced volatility last week but returned to Friday's lows amid a recovering US dollar and slightly higher bond yields Conflicting signals from Friday's job data and ISM report created uncertainty,...

After examining the movement of gold futures on the daily chart, a notable prevalence of significant bearish activity becomes apparent. This trend is triggered by a sharp decline in gold futures...

Oil prices are trading higher in the first week of 2024 as global geopolitical tensions offset soft economic data. The market still expects the Fed to deliver at least several rate cuts this year. If...

A bearish EIA report saw oil giving back some of its gains made earlier in the week. Meanwhile, nickel continues to come under pressure with fundamentals set to remain soft through 2024Energy - Large...

Forecasts for 2024 are now predicting declines in oil prices. But in the short term, events in the Middle East have put upward pressure on prices. The range of $70-80 per barrel remains a key...