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Barry Ritholtz is out with another article spelling more doom for the precious metals sector and the gold bugs. The self proclaimed “Gold Agnostic” penned a 2500 word missive in January...
Gold rebounded in early New York trading in Thursday, bolstered by actual ECB action, rather than the talk of action we’ve become accustomed to. The yellow metal reached a new high for the week...
Even investors who typically eschew precious metals have been hard-pressed to ignore the Platinum industry this year. The longest strike in South African history paired with surging Asian...
MUMBAI: As seen above in the daily price chart of the MCX Copper June contract, it was trading between the following range with a Triangle Pattern from the last couple of days. Yesterday we saw that...
Natural Gas suggests that prices have reversed after taking support. June 05, 2014 16:05.The above daily chart suggests that prices have reversed after taking support of 270 levels. RSI is in a buy...
Analysis and Recommendations:Crude Oil climbed today ahead of inventory data to trade at 103.30 after the API report last evening showed a drop in inventories. Brent Oil was up 50 cents while crude...
Crude oil eased on Thursday morning giving up 27 cents to trade at 102.37 after the release of the official EIA inventory and a mixed day of economic data in the US. The failure of both benchmarks to...
Precious Gold traded near its lowest level in four month on Thursday as investors preferred to remain sidelined before the ECB monetary decision and U.S. data.ECB President Mario Draghi has warned of...
Gold prices are not showing much movement on Thursday, as the spot price stands at $1245.21 per ounce in Tuesday's European session. The metal continues to have a very quiet week. The...
The gold price continues to tread water ahead of today’s ECB meeting and tomorrow’s US non-farm payroll (NFP) data release.The ECB meeting today, is widely expected to result in new...
The Oil market saw a massive spike last night as markets jumped on US crude oil data. It was forecast to show a net -261K, however, the actual result was staggering to say the least. As current...
CLWest Texas Intermediate fell for a second day as crude stockpiles remained near record-high levels amid declining fuel demand in the U.S., the world’s biggest oil consumer. dropped as much as...
The Polar Vortex winter dramatically drew down natural gas stocks as the numerous cold fronts worked their way through America. While a decline is natural gas inventories is expected each year,...
Summary Goldman Sachs' call for $1,050 gold as a sure thing is very bullish for gold and silver. Latin American countries pawn their gold with Goldman Sachs. Silver forming massive long-term...
Brent Crude hit our target and resistance at 109.40/45 to exit longs and try shorts from here up to 109.80 and this trade worked perfectly as we topped at 109.50. Prices then collapsed to our...