Commodity Analysis & Opinion

On analyzing spot gold and gold futures in the daily chart since December 4, 2023, I find futures, after hitting a new peak at $2203, have entered the overbought territory amid mere expectations for...

Silver may finally break its multi-year consolidation, potentially catching up with gold's recent all-time highs and possibly targeting $50 in the long term. Despite underperforming compared to...

OIL-PROXY: Struggling commodities are finally seeing some relief. With firmer global growth, a stabilising US dollar, and supply-side weather disruptions. Cotton has been a leader in this catch up....

Gold trading reached a significant milestone on Thursday, with prices hitting an all-time high of $2150.00 per Troy ounce. This remarkable surge was propelled by a confluence of factors. These include...

Nickel quotes rebounded after a prolonged decline in 2023, but the downtrend is set to continue. This comes after the Australian mining industry closed down more mines. Meanwhile, Iron ore fell to...

Here's your daily 60 seconds trading tipHere are 3 things that could drive Gold Futures to new record highs in 2024

Gold's price momentum continues, with a Troy ounce of the precious metal touching a new record high, standing close to $2115.00 as of Tuesday. The surge in gold prices can be attributed to a...

Crude oil's dramatic surge, predating OPEC+'s supply cut extension, hints at a week filled with potential market volatility. On the macro front, the week is brimming with impactful data releases and...

World record corn harvests have led to a decline in prices. Meanwhile, soybean prices are approaching 2021 lows. Ukraine and Russia's pricing advantage gives them an edge in the global wheat...

Since I wrote my last analysis, Gold bulls tried hard to strengthen their position after last Friday’s bumpy move by the gold futures, hitting a high at $2053, continued to remain in a tight...

Overcapacity and continued expansion in the smelting industry in China have led to a steep fall in copper treatment charges. Meanwhile, exchange inventories for copper continued to rise, putting...

COMMODITIES: It’s the worst asset class (DJP) this year, like last. China’s GDP slowdown has been a key factor, alongside the strong dollar and global manufacturing recession. Near term...

Back in August, I wrote an article called Gold: The Anti-Bubble.The point being that if you want to consider an asset to be sound value in a world of ongoing plays boosted by inflationary policy,...

The price of a Brent barrel is sharply declining on Monday and has already reached 81.20 USD.The primary reason for this is concerns about demand outweighing fears about global commodity supply. It's...