Commodities Analysis & Opinion

MCX Copper February as seen in the weekly chart below has opened at 445.70 levels initially moved marginally lower, but has found good support at 443.70 levels. Later prices rallied sharply breaking...

MCX Silver March as seen in the weekly chart below has opened the week at 43,951 levels initially moved lower and as expected found very strong support just below the expected level at 43,737 levels....

MCX Gold February as seen in the weekly chart below- prices rallied sharply towards 29,639 levels, but could not sustain the gains corrected back towards 29,150 levels, and finally closed higher from...

If one was to believe the picture that most Western media outlets are painting, Ukraine has been lost to Russia. Though the country fought valiantly to sign an Association Agreement with the European...

As many of you fervent Gold followers have already absorbed, the big-mouth banks are now on record as pooh-poohing the precious metals for 2014. With prognosticated ranges for Gold extending to as low...

Commodities that depend on economic growth to spur demand have been in a festive mood this December as signs of rising activity among some of the world's biggest consuming nations continue to improve....

Silver finished up the week basically flat, barely above the multiyear lows we saw last June. Besides the seemingly endless discussion of whether or not the Fed will taper this month or next,...

I turned bullish on gold bullion in 2002. At that point, gold bullion was trading around $300.00 an ounce. Now, it trades above $1,250. Simple math suggests this is an increase of about 260% in 11...

The Gold and Silver Index (XAU) represents a group of precious metal mining stocks. It is in a major decline from the 2010 top.We have watched the XAU form a massive head and shoulders pattern for...

Our Last major Elliott Wave Analysis of Gold came in early September when Gold had touched the 1434 area, and in that analysis we called for a re-test of 1271-1285 levels.  This was...

Natural gas futures climbed to their highest price in nearly two and a half years ,Thursday, after a government storage report showed a supply decline last week that was greater than normal for this...

Gold took a breather early Friday after yesterday`s 2.2% slump following unexpectedly upbeat US retail sales data which fueled fears of an early tapering to Federal Reserve`s stimulus program.The...

Crude oil is heading for a weekly drop as Fed stimulus taper concerns are growing ahead of next week’s monetary policy meeting, which could slow the pace of economic recovery in the US, the...

Gold tumbled yesterday, retracing all of Tuesday's gains and increasing the likelihood that the break out move was a "fake out". Gold is now back within the down trend channel and the bulls need to...