Commodities Analysis & Opinion

The commodity market remains worried about the spread of the coronavirus disease. Brent is falling and trading at $69.70. In some countries, especially when it comes to Asia, which is the main...

Oil prices tumbled on Friday after weaker consumer confidence data, tracing another leg lower in Asia after China’s data rose by far less than expected, triggering fears that its recovery is...

Weak US consumer confidence on Friday sent US yields sharply lower, feeding through to a bout of concerted US Dollar weakness. That was enough to lift gold sharply higher, rallying by 1.55% to...

Gold Spot beat 1756/59 to hit the next target and resistance at 1774/76. Although shorts did not stop above 1780, there was no profit in the trade as we closed at 1779. Outlook is more positive...

This article was originally published at TopDown Charts.Gold prices are on edge ahead of an important Federal Reserve event We see a variety of risks that are net bearish for the yellow...

Gold just posted its best net weekly gain of the last five, price settling Friday at 1782. 'Course, hardly was the week's gain impressive solely by the mere up blip in the above Gold Scoreboard's...

What do the portents say? Well, we’ve been looking for connections between gold and Bitcoin, and we see a chance to fatten the coffers.But first, let’s talk about gold and the miners....

The last seven days have been a roller coaster for precious metals, but gold has been bouncing recently. However, I want you to pay close attention to the broken trendline. Specifically, we are coming...

The daily chart for the WTI September contract makes interesting reading as we head into the summer doldrums. For the time being, we look set for a further extended congestion phase to develop with...

This article was written exclusively for Investing.com Inflation is pushing prices higher Breakfast is getting pricey: Coffee and sugar rally to multi-year highs Lunch costs rise: Grains remain at...

It may be time for investors to take a serious look at commodities and raw materials. A bipartisan $1-trillion infrastructure spending bill cleared the Senate on Tuesday and now awaits approval from...

The World Gold Council believes that gold will shine in September. Given the whole context, I’m not so sure. In fact, I am not sure at all.Following three previous reports, the WGC revealed two...

Irregular weather has been weighing on wheat, limiting global crop yields. Russia’s winter wheat output was low, and the harvest in North American was curtailed by drought. Too much rain,...

The Biden administration is feeling the heat from rising inflation with rising oil prices. They are taking desperate measures to deflect the blame. Not only did consumer prices rise 5.4% in July...