Commodities Analysis & Opinion

Gold and silver were looking to bounce back following the CPI-related drop on Tuesday, in a relatively quieter day for data and with the Fed in the blackout period ahead of next week’s FOMC...

Gold hit new record highs in the region of $2200 recently. This rally came amid mixed sentiment after the release of the US labor market report. In this piece, we will look at key levels to buy as a...

On analyzing spot gold and gold futures in the daily chart since December 4, 2023, I find futures, after hitting a new peak at $2203, have entered the overbought territory amid mere expectations for...

Silver may finally break its multi-year consolidation, potentially catching up with gold's recent all-time highs and possibly targeting $50 in the long term. Despite underperforming compared to...

Nickel quotes rebounded after a prolonged decline in 2023, but the downtrend is set to continue. This comes after the Australian mining industry closed down more mines. Meanwhile, Iron ore fell to...

Here's your daily 60 seconds trading tipHere are 3 things that could drive Gold Futures to new record highs in 2024

Crude oil's dramatic surge, predating OPEC+'s supply cut extension, hints at a week filled with potential market volatility. On the macro front, the week is brimming with impactful data releases and...

On analysis of the moves by the gold futures during the last three weeks, I find that the bulls look not confident enough to hold the heights tested last Friday.Undoubtedly, the gold futures found...

Since I wrote my last analysis, Gold bulls tried hard to strengthen their position after last Friday’s bumpy move by the gold futures, hitting a high at $2053, continued to remain in a tight...

Overcapacity and continued expansion in the smelting industry in China have led to a steep fall in copper treatment charges. Meanwhile, exchange inventories for copper continued to rise, putting...

Back in August, I wrote an article called Gold: The Anti-Bubble.The point being that if you want to consider an asset to be sound value in a world of ongoing plays boosted by inflationary policy,...

Inventories of base metals and steel increased in China over the last week, reflecting slower demand and ample supply in the short termMetals – Global Steel Output FallsSteel inventories at...

US crude oil inventories increased for a fourth consecutive week pushing stocks closer to five-year average levels as domestic demand remains soft. Meanwhile, US natural gas inventory withdrawals...

Demand for natural gas in Europe is falling, and a peak in LNG prices is on the horizon. Warmer-than-expected winter, and increased supply diversification favor price declines as well. As a result,...