Commodities Analysis & Opinion

With a decline of 5.9% ton Monday, March 24, Indian silver recorded the biggest price drift of the day. US silver prices saw a 0.8% decline. Chinese silver fell 0.6% yesterday. The price of Japanese...

Nickel prices are poised to climb even higher on speculation that Russia faces more political sanctions, exacerbating already tight supplies after Indonesia banned unprocessed ore exports in January....

The gold price remains in a narrow range this morning as equity markets and emerging currencies continue to struggle but speculators are cautious ahead of the non-farm payrolls data tomorrow.Platinum...

• Agricultural sector rally losing momentum• Grain markets awaiting key US agricultural report• Coffee, sugar slip as rain hits Brazil The strong rallies witnessed across the...

Recently, the global gold market has been dominated by the situation in Crimea and the latest Federal Open Market Committee. After trading above the $1,390-an-ounce level for the first time since...

Gold slumped to a four week low in early New York trading, weighed by more weak Chinese data and worries that a Fed rate hike may come sooner than many were anticipating. The latter has weighed...

Gold negative weekly candle formation kept prices under pressure to test excellent support at 1312 and a buying opportunity, with stops below 1308. We did dip as far as 1307.50 but if longs were held...

Gasoil held 892/891 to climb back up to resistance at 899/900, seeing a high for the day exactly here as predicted. Back below the 200 week moving average at 895 now, but we must hold support at...

Natural Gas hit trend line support at 4285/75 for a buying opportunity with stops below 4260. So far this trade is working as we bounce to 4299. If we continue higher we could target 4340/50 for...

Brent Crude reached 107.35/45 but has sold off sharply for the second time to good support at 106.40/30. Again there is a chance of a low for the day. Exit shorts and try longs with stops below...

Wheat held above good support at 683/682 and beat 692/694 but we should hold below longer term Fibonacci resistance at 723/725 once again this week.We could turn lower today to 698/697. If this does...

Soybeans beat 1422/23 but unexpectedly reached as far as 1432/33. Prices are volatile but directionless over March with no trend. Today we meet resistance at 1433/35 but above here could target...

Corn beat 487/488 but has not quite reached the 2 week high at 492/493. We are getting overbought short term so we should struggle here again today. However a break higher this week cannot be ruled...

Gold is still looking weak and bearish as is has broken the important support prices. Any bounc till 29300 level will be good level to enter in short with stop above 29440 while support at 28960 and...