Commodities Analysis & Opinion

Gold has posted losses in the Tuesday session, erasing the gains from Monday. In the North American session, spot gold is trading at $1256.05 per ounce. On the release front, US numbers were a...

Once again gold moved higher for some time, which once again made the short-term moving averages (including the 50-day moving average) rise faster than the long-term ones (including the 200-day moving...

Gold is showing little movement in the Wednesday session. In North American trade, spot gold is trading at $1251.36 an ounce. On the economic front, Existing Home Sales dropped sharply to 5.57...

With Trump overseas the focus on politics is fading at the same time as the June 14 FOMC meeting comes into focus. The New Zealand dollar was the top performer while the euro lagged as it finally gave...

Commodities diverge as Oil settles near its recent highs ahead of tomorrow’s OPEC meeting, while Gold feels the pain of a stronger U.S. dollar.Crude OilCrude recovered from its early losses...

Once again gold moved higher for some time, which once again made the short-term moving averages (including the 50-day moving average) rise faster than the long-term ones (including the 200-day moving...

Listen to the Podcast Audio: Click Here Mike Gleason: It is my privilege now to welcome back David Smith, Senior Analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks...

Selling the ReserveOil prices came off the year high after a terror attack in England and as President Donald Trump continues to make history on his Middle East trip. First, President Trump cut a slew...

U.K. threatened to quit the Brexit talks, while the Conservatives’ opinion poll lead dropped. What does it all mean for the gold market? We have understandably focused on political turmoil in...

API Energy Stocks & New Home Sales TodayThe Crop Progress and Condition report failed to sway the bears into any short covering, even with the heavy short positions the carry, and even with...

by Dr. Heinrich LeopoldIf you believe the recent surge in U.S. oil production suggests that good times are here once more, think again. While the U.S. oil industry continues to increase production by...

This morning in metals news, the strike at Freeport McRoRan’s Grasberg copper mine was extended for a second month, oil prices rose in expectation of supply cuts, and silver prices reached a...

Key Points: Silver prices could be about to hit a near-term peak. Overarching technical bias remains rather bearish despite the recent rally. We could sink back below the 17.000 handle during the...

WTI Crude meets 50% Fibonacci resistance at 5115 as we over run to 5143. However we also have to the 500 day moving average for the July contract at 5110/15 and also the 100 dma for the continuation...