Commodities Analysis & Opinion

December Cotton futures have depreciated nearly 20% since the first week of May. It would appear that prices are finding their footing near 68 cents consolidating just above that level for the...

Copper is testing important support/resistance near the $3.20 level: And there is ample reason to believe that this could be an attractive long entry point as we move deeper into the back half of the...

Gold has edged lower on Tuesday, as the spot price stands at $1306.09 per ounce in the European session. On the release front, it's a busy day in the US, highlighted by Core CPI and Existing Home...

As one can see from the adjacent chart, MCX crude oil seems to be overbought on the hourly chart. From a high of Rs6,480 to a low of Rs5,980 the commodity has retraced 50% and the next important...

The above Daily chart of Crude Oil suggest that prices have reversed after taking support of 6150 level. RSI is in a buy mode. We expect prices to go up to levels of 6290.

The above Daily chart of Gold suggest that prices have reversed after taking resistance of 28400 level. RSI is in a sell mode. We expect prices to correct up to levels of 27500.

Main scenario:Gold trading along a wide sideways trend.An local downtrend will start from resistance level 1318, which will be followed by moving down to support level 1307. Alternative scenario:An...

Gold steadied above the $1,300 Tuesday, as investors continued to weigh the global risks stemming from Israel-Gaza conflict and the destruction of Malaysian flight.The yellow metal came under pressure...

Crude OilCrude futures rose on Monday amid fresh concerns that geopolitical tensions in Ukraine and in Gaza will disrupt global supply. Crude gains on fears Ukraine, Gaza violence may disrupt global...

Many analysts are blaming the recent GDP revision-the largest since 1976-on the weather this past winter. It was the worst winter in many years. Even so, that even such a brutal winter can...

After opening the week at 1339.50, the gold market made a brief new weekly high of 1340.90 on the downing of a Malaysian Boeing 777 over the Ukraine early Thursday morning. On Friday the market came...

Global unrest and inflation will play a role in improving fundamentals for gold and silver, Byron King, newsletter editor for Agora Financial, tells The Gold Report. But miners have to control costs...

GoldThe $1300 level has been reinforced as a level of significance in the last week with gold falling sharply from its highs above $1345 back down to this level where it has been met with overwhelming...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium both dropped another four cents, matching last...