Commodities Analysis & Opinion

As military action began to look less and less likely, Brent crude oil withdrew from its previous highs. The commodity traded at $114.57 at 6:45 GMT on Friday morning. Britain announced that it would...

Most commodities should not be affected by the ongoing Syrian civil war, although oil prices have risen due to the instability of the Middle East region. According to Keith Wade, chief economist and...

Spot Gold closed lower yesterday on profit booking at higher levels, failing to 1425.00-resistance level and the bearish shooting star candle, which illustrates a minor downside correction. Stability...

Spot silver has witnessed profit booking at higher levels. The commodity also witnessed sell off at 25 levels. The resistance at 25 levels is still strong and yet to be broken. 24.80-25.00 is a key...

Gold prices retreated back below 1,400 after UK lawmakers voted to stay away from the Syrian unrest. With this vote, US lost a long-time ally and may be forced to enter into Syria alone, if they are...

Energy Information Administration (EIA) Nat Gas Storage data for the week of 23rd Aug came in at 67 Billion Cubic Feet, versus an expected 62-65B analysts estimate. This is also higher than the...

An imminent attack on Syria is looking less likely today and gold has reacted accordingly, falling below $1,400 this morning. It no longer appears as though it is heading for its second-monthly gain....

After the British parliament rejected a military strike against Syria, the chances of a military strike on Syria dropped giving a chance to investors to book profits after prices hit multi-month highs...

The U.S. Energy Department's weekly inventory release showed that crude stockpiles logged a surprise increase, as production climbed to its highest level in 24 years. The report further revealed that...

Silver closed lower due to profit taking on Thursday as it consolidated some of the rally off June's low. The midrange close set the stage for a steady opening when Friday's night session begins...

Gold closed lower due to profit taking on Thursday as it consolidated some of the rally off June's low. The high range close sets the stage for a steady opening when Friday's night session begins...

Natural Gas closed higher on Thursday as it extended this month's rally. The high range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are overbought but remain...

US oil closed lower due to profit taking on Thursday as it consolidated some of this summer's rally. The low range close sets the stage for a steady to lower opening when Friday's night session...

Korean steel scrap improved by a whopping 10.9% on the weekly Raw Steels MMI®. The U.S. shredded scrap, for its part, and kept steady. China, the US Still Producing Steel According to a World...