Commodities Analysis & Opinion

Gold XAU/USD: Gold trades in a sideways consolidation to ease severely overbought conditions exactly as predicted a week ago. It is perfectly normal after a swift move higher, but it is difficult to...

Brent Crude traded over $86 a barrel posting a new high price for the year as bearish narratives around oil and demand and the fallacies of the energy transition have started to fall apart. The oil...

We could summarize the recent price action in crude oil in one word: tests. What’s next?Technical Picture of Crude OilCrude oil closed last week above the previously broken Dec. 2023 peak and...

Homeownership is the quintessential American dream, but it’s become increasingly elusive for many households. A multitude of factors, including soaring home prices, elevated interest rates and...

Crude oil rose about 4% last week with WTI taking out the $80 and Brent the $85 barrier, reaching levels last seen in November. Factors supporting oil prices include optimism over China, a bullish...

We start with the Federal Reserve, the Open Market Committee scheduled to deliver its next Policy Statement this coming Wednesday, 20 March (at 18:00 GMT).Obviously, the FOMC shall unanimously vote to...

Oil stocks broke above important resistances, hitting a fresh multi-year peak. Is this the end of the bears?Technical Picture of the XOIIn recent days crude oil reversed and jumped above the early...

Gold XAU/USD XAU/USD trades in a sideways consolidation to ease severely overbought conditions. I had warned that this was possible and it is perfectly normal after a swift move higher. Yesterday we...

Gold recently hit all-time highs in all of the major currencies (euro, yen, British pound, yuan). Last Friday (March 1, 2024), priced in dollars gold achieved its highest weekly close and then...

By Mike Maharrey, Money Metals ExchangeGold has garnered a lot of attention in the last few weeks with its record-setting run. Since the end of February, gold is up nearly 7 percent and set an...

Some might say that The International Energy Agency (IEA) has been derelict in its duty to secure energy security for Europe because they have been taken over by a green energy agenda.Not it appears...

Since I explained the overbought territory could result in a selling spree in my last analysis on March 11, 2024, gold futures continue to slide amid volatile moves.As I pointed out the formation of a...

By Joshua D Glawson, Money Metals ExchangeAverage investors may find their first purchase of physical gold and silver a little intimidating.To be sure, bad actors have sold metals with lower purity or...

Gold and silver were looking to bounce back following the CPI-related drop on Tuesday, in a relatively quieter day for data and with the Fed in the blackout period ahead of next week’s FOMC...