Commodities Analysis & Opinion

Gold settled flat at 28527 dropped from the day's high after a forward-looking U.S. economic indicator came in slightly better than expected and gave the dollar support. The metal was also hurt by a...

As traders return to their desks after the long Easter break very little has changed with the Gold picture since last week. There is strong support formed by a combination of Fibonacci level, moving...

Precious Gold traded near its lowest level in more than two weeks as improvement in U.S. data added to speculations the Fed may raise interest rates earlier than anticipated.Data released yesterday...

Oil was little changed Tuesday as traders weighed the situation in Ukraine amid fears rising tension halt exports from Russia, Europe’s largest energy supplier.The European markets reopened...

Crude OilWest Texas Intermediate oil traded above $104 a barrel amid speculation that tension between Ukraine and Russia is sufficiently priced into the market. WTI was near the highest level of 2014...

On the daily chart, prices have reversed after taking resistance of 29000 level. Daily RSI is in a sell mode and prices are trading below the short term averages. We recommend a sell around 28500...

Willem Middelkoop and Terence van der Hout of the Netherlands-based Commodity Discovery Fund believe that when the world's reserve currency is reset away from the U.S. dollar in the next decade, gold...

Over the last month the energy sector has outperformed the market, and as you can see in the chart below, has done so by 6.5 percent. Year-to-date the sector is beating the S&P 500 Index by over 3...

Gold slipped back below $1300 in thin holiday trading on Monday. The London market was closed in observance of Easter Monday.ETF outflows seen last week may have weighed on sentiment somewhat....

Copper is in a downtrend from the medium-term perspective. The fall is breaking up into lower degree waves. As a result the price has fallen below the multiple supports. However, the red metal has...

MCX Natural Gas April as seen in the weekly chart above has opened the week at 280.10 levels during this period prices has made a low of 271.10 levels. As expected in the end of the week prices...

MCX Crude oil May as seen in the weekly chart above has opened the week at 6,266 levels and during this week price made a low of 6,201 levels. Prices could not able to breach the support of 6,200...

For the next week we expect Copper prices to find support in the range of 396 – 395 levels. Trading consistently below 395 levels would lead towards the strong support at 388 levels and then...

MCX Silver May as seen in the weekly chart above has opened the week at 43,040 levels and during this period prices made a low of 41,526 levels. In the later part of the week prices could not able to...