Commodity Analysis & Comment

In a piece I wrote on Jan. 28, I warned about growing hopes for retesting $2000 could lead to a fake breakout shortly to trap gold bulls as the retesting of $2000 seemed likely until the Federal...

Gold futures reached a 9-month high of $1,975; spot gold at nearly $1,960 A weaker-than-expected reading for nonfarm payrolls could help gold reach $2,000 The Dollar Index is at a 10-month low of...

Gold PriceThe precious metals price action is expected to be a wild one today, and this is because the US NFP number is likely to bring higher volatility for the metal. Again, a strong reading may...

BP has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of that happening, and...

Gas hits 21-month low at mid-$2 level despite freezing temperatures Gas bulls say the plunge is illogical, bears say fundamentals at work  Short sellers point to beefy gas storage, indicating...

Global central banks purchased 1,136 tons of gold in 2022, driving the demand for the yellow metal to the highest mark since 2011. The figure, which represents the most central banks bought in 55...

Natural Gas Futures traded flat since a gap-down opening this week, showing the thick presence of bears and bulls at the current level.No doubt both the bulls and bears have their reasons to fight for...

After four straight weeks of losses, wheat hits near one-month high Wheat’s peak comes on news that U.S. and German tanks are to roll into Ukraine If the upside stays, wheat’s extended...

Since this week's opening, movements in natural gas futures contracts indicate a likely completion of the bottom formation, pointing toward a bounce soon.After testing a new low in Monday’s...

Energy - Specs Boost Buying Price action in oil over the last week was rangebound with the market awaiting this week’s OPEC+ meeting and the return of China from the Lunar New Year holidays....

OPEC meeting likely to maintain Dec output targets, weighing on crude prices Projected Fed rate hike of 25 bps to lead action across markets, including in gold US December jobs report, along with...

Movements in the Gold futures contracts since Jan. 19, 2023, indicate a reversal as the gold futures continue to struggle below $1937.40 to find a breakout above the significant resistance at $1950.On...

Movements in the natural gas futures contracts in the last week indicate a reversal is still on the card as the buying was visible below $ 2.774, despite continuous selling by Hedge funds in three...

Arabica hit a 3-week high after the 20-month bottom of $1.42 a lb on Jan. 11 Production in top coffee grower Brazil is overrated, say analysts Trader Volcafe says world expected to face 3rd straight...