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Commodities Analysis & Opinion

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Gold Reductions Slowing - Is The Worst Behind US?
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 - Jun 03, 2013

While hedge funds raised bullish bets on gold by the most in two months during the week ending May 28, the reduction in investments through Exchange Traded Products continued but at its slowest pace ...

 
World Gold Council Sets Up Full-Fledged India Unit
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 - Jun 03, 2013

The World Gold Council has set up a full-fledged local unit with a corporate structure in India. To date, this gold promoting agency was operating only as a liaison office.A separate private company ...

 
Oversupply Risk Sees Brent Crude Trade Below $100
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 - Jun 03, 2013

Brent crude traded below $100 a barrel for the first time in a month and WTI declined as signs of a slowing Chinese economy and OPEC’s decision to maintain production boosted speculation supply ...

 
Wet Weather Causing Havoc For Farmers
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 - Jun 03, 2013

Extremely wet and abnormally cold weather has led to farmers now pondering if planting a corn crop in 2013 economically makes sense. Planting corn, farmers would experience significant yield loss due ...

 
Oil And Gold Analysis : June 03, 2013
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 - Jun 03, 2013

CLNew York-traded crude oil futures ended Friday’s session sharply lower and hitting the lowest level in a month, as a broadly stronger U.S. dollar and steep losses in U.S. equities markets ...

 
Uncertainty Drives Gold Price
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 - Jun 03, 2013

Hopes remain strong for current gold prices this week after Friday’s CFTC report showed hedge funds and money managers increased their bullish bets on gold for the first time in a month thanks to ...

 
Crude Flat Ahead Of Key Data; OPEC And China Weigh
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 - Jun 03, 2013

Crude oil is little changed on Monday as traders wait for key manufacturing data from the U.S., U.K. and the eurozone. China’s soft manufacturing activity and OPEC’s decision to leave its ...

 
Gold Gains Footing, Dollar Eases As Data Reassures Fed Easing
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 - Jun 03, 2013

Gold edged higher on Monday after plunging in the previous session as the dollar weakened on disappointing U.S. data, including Friday`s report, which showed a decline in the nation`s consumer ...

 
Spot Gold: Anticipating 1400/04 To Hold Topside
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 - Jun 03, 2013

Gold came lower on Friday, reaching 1384 on the break of 1395. We have seen a recovery off this Fib level but again 1400/04 is looking to be the top of any rally now. We would look again for the ...

 
Spot Silver Analysis: RSI, Stochastic Remain Positive
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 - Jun 03, 2013

Silver closed higher on Monday. The high range close set the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are neutral to bullish, signaling that a ...

 
LME: Copper And Nickel Stock Gains; Aluminium, Zinc And Lead Decline
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 - Jun 03, 2013

Copper and Nickel inventories gained at London Metal Exchange (LME) on Monday by 8775 and 276 tons respectively. Aluminium stock declined 3625 tons while Lead stocks fell by 2475 tons. Zinc stocks ...

 
MCX Copper May Retest 421 Levels
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 - Jun 03, 2013

MCX Copper price has been trading firmly for the past 7 weeks, as indicated by higher tops and bottoms. Last week the price witnessed a sharp bounce from short-term support near the Rs.400 level. The ...

 
MCX Zinc May Trade On Positive Path
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 - Jun 03, 2013

As shown in the weekly chart below, the MCX Zinc Price has taken support at its long term upward sloping trend line placed at 100 levels. Last week, after taking support at these levels, prices ...

 
Gold Sells Off Steadily All Day Friday
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 - Jun 03, 2013

After hitting a high just below 1422 overnight on Thursday, gold sold off steadily all day Friday, falling below 1400 and closing near the lows of the day at 1388.The price action saw a "bearish ...

 
US Aluminum Spot Premiums And Prices: Know Your Customer
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 - Jun 03, 2013

Ahhh, summer is finally here in Chicago. And although the mercury may read no more than the high 50s, we know it’s time for at least something hot: Harbor Aluminum’s Outlook Summit. Ok, ...

 
Gold Below 1,400, Once Again
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 - Jun 03, 2013

After climbing above 1,400, Gold was good to climb further with 1,420 standing in its way. Unfortunately for bulls, price failed to break it, and was sent tumbling quickly back below 1,400 during the ...

 
Aluminum Outlook Summit Begins As LME Aluminum Price Rises
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 - Jun 03, 2013

Current aluminum prices are looking up Ahead of one of the most comprehensive conferences on global aluminum price and market trends, . The LME aluminum cash price saw the biggest upwards shift for ...