Commodity Analysis & Comment

Oil Rebounds Above $60 Ahead Of OPEC+ Meeting (After February Production Plunge) Oil prices are rebounding this morning on the back of a reported plunge in OPEC+ production in February, after tumbling...

Stocks and commodities had a bubble talk sell-off. China, raising concerns about a bubble not only in their country but in the EU and the U.S., is causing an overnight sharp swoon in oil and other...

The direction of the gold market today will be determined by trader reaction to yesterday’s close at $1723.00.

Both gold and WTI crude oil prices started off the new week on a sour note, falling 0.47% and 2.17% respectively. Greatly fueling weakness in the commodities space as of late likely has been rising...

The Gold to Housing ratio is a quite useful measure for comparing the relative values of single family homes and gold, and it also has an interesting historical track record for identifying turning...

Anyone with a naked short in the silver futures market risks getting squeezed by physical buying. Demand for delivery of COMEX silver bars is rising, even as the paper price of the metal fell more...

The price of oil appears to have reversed course ahead of the 2020 high as it trades back within the confines of the ascending channel established in November.

Oil Plunges Below $60 After Brazil-Variant Virus Headlines WTI has suddenly crashed from a strong overnight open up to $63, down to below $60 this morning. While the catalyst is unclear, a number of...

None of Friday‘s intraday attempts to recapture 3,850 stuck, and the last hour‘s selling pressure is an ill omen. Especially since it was accompanied by high yield corporate bonds weakening.

The price of gold attempts to recover from a five-day losing streak as it bounces back from a fresh yearly low.