Commodity Analysis & Comment

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...

The prospect that the Fed's pivot might come in May has kept gold under pressure and strengthened the dollar. However, forecasts point to continued stable demand for gold in 2024 $1940 per ounce is a...

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...

This year’s record-high gold price and anticipated stellar gold prices in years to come are signaling a turning point in the financial system as we know it. The U.S. economy is facing critical...

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...

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...

Reviewing 2023 results for the major asset classes reflects a long list of winners, with one conspicuous downside outlier: commodities.Amid widespread gains in global markets last year, the red ink in...

Spot US natural gas prices spiked higher on Friday on the back of cold weather across large parts of the US. Meanwhile, tensions in the Middle East remain elevated following US and UK airstrikes in...