Commodities Analysis & Opinion

The oil price remains steady as Opec and Non Opec members such as Russia sit down for a two day meeting in Abu Dhabi to discuss the recent efforts in cutting supplies.A deal was brokered in late 2016...

Gold awaits for the US CPI data Gold prices recovered somewhat during the European morning Tuesday, after ending the previous week on the back foot. The precious metal underperformed throughout most...

There was little excitement in the oil markets during Tuesday’s trading session; with investors on guard as OPEC and Non-OPEC members discussed compliance levels on their output cut agreement,...

Gold Today –New York closed yesterday at $1,264.70.London opened at $1,260.00today. Overall the dollar was slightly weaker against global currencies, early today. Before London’s...

Supply Side Drama The oil drama continues as Repsol (MC:REP) SA (OTC:REPYY) and Statoil (NYSE:STO) move to pull oil workers from Venezuela as the country becomes less stable and may be on a path...

The price of copper climbed to 2.9154 yesterday as it continues the impressive recovery from the low at 1.9322 in January, 2016. Copper prices are vitally important not only to mining companies like...

Gold bulls remain in control only if we hold above 1257/58. Bulls then need to beat minor resistance at 1262/63 to target 1266 before last week's high at 1273/74. If we continue higher look for...

Grains HigherIn yesterday’s trading session the September corn settled 5 ¾ cents higher mainly due to the fact that rains forecasted did not materialize. The USDA Crop Progress showed no...

The quiet summer period is very much upon us and markets are currently trading relatively flat as a result on Tuesday. Oil continues to be a little lively though as we await inventory numbers later in...

Silver straddles the line between a precious metal and an expensive industrial commodity.The vast majority of gold (over 85%) is used for jewelry and bullion, which makes it rather immune to...

Uncertainty is leading in the oil market. What to expect? Can the soaring demand provide surge in oil prices, or would increasing supply exceed the demand? These are vital issues to explore, but are...

There’s been a shift in one of India’s biggest steel company’s plans.Steel giant Tata Steel Ltd (NS:TISC) will now focus more on India, its home base, than on global...

Oil and gold remain becalmed ahead of various data points with only some Fed speeches and North Korea rhetoric stirring the otherwise placid waters.Oil remained locked into choppy range trading...

LIVE SIGNAL -Wheat as posted last week hit some levels to pay attention if one need wheat. Don’t hedge wheat down here, Sept wheat last week now appears to have held although not out of woods so...