Commodities Analysis & Opinion

Sometimes, as I watch CNBC Business, I get an impression that US stocks and US bonds are the only asset classes in the world (or at least the most important). And while the whole world is focusing on...

After failing to breach the $1338-1340 resistance area yesterday, and with declining momentum, gold drifted lower for the rest of the day closing near the lows at $1323.This morning, gold is again on...

Montagne d’Or earn-inNord gold (NORD.L) signed an agreement with Columbus Gold (TSX: CGT) whereby it could earn a 50.01% interest in the Paul Isnard gold project in French Guiana by spending...

CLBottom fishers snapped up nicely priced crude oil futures on Thursday, shrugging off bearish pressures such as soft U.S. data and waning fears of a military conflict in the Middle East. U.S. fiscal...

Main scenarion:While gold is trading above support level $1320, we have chance for uptrend to resistance level $1334 and then to $1350. But, the market looks friable and seems that we have the same...

Crude Oil experienced resounding support along 103.0, pushing higher during European hours despite risk sentiment being mostly bearish during that time with Euro stock indexes trading mostly lower. On...

Precious metals currently look like a no brainer investment in a world of market volatility, rehypothecation, massive bail ins and outs, and a growing number of templates for taking people’s...

The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most threatening, though hidden from view....

In the last month, soybean oil futures have depreciated 6.9%. On Thursday, futures probed their lowest levels in three years. Much like we found support around the sesame level in early August I do...

One of the questions that commodity traders constantly ask themselves, is the often imponderable one of ‘what is driving the price’, and for oil at present, this is a tricky one to answer....

Fundamental AnalysisThe precious metal is moving higher today as we are seeing traders closing their bearish bets and positioning themselves for the US government shutdown. While the US politician...

The gold price gained 0.8% overnight as fears over the US debt ceiling have prompted some safe-haven buying. Concerns that the US government could ‘shut-down’ on October 17th grow...

Gold climbed steadily yesterday, hitting a high of $1338 and has continued to exhibit strength this morning. However, we note that options expiry for the October contract yesterday is likely to be...

The volatility extends across the board and dominates markets with the focus on the impasse in US debt ceiling talks, with a looming government shutdown as the US is about to exhaust its borrowing...