Commodity Analysis & Opinion

After analysis of the movements by the gold futures since Feb. 2, 2024, I find that the big bears finally attacked on Feb. 13, 2024.This fall was evident enough to keep the trend downward for a long...

Yesterday’s stronger-than-expected US CPI print put significant pressure on gold, while oil managed to edge higher with signs of some tightening in the marketEnergy - OPEC Continues to Expect...

Gold prices remain elevated but have yet to record the major breakout that gold bulls are looking for.Today, we revisit an important Gold ratio that we have been following for months: the Gold to U.S....

Oil prices closed marginally lower yesterday. However, gasoil cracks remain firm, suggesting a tight middle distillate market. Natural gas prices came under pressure on the back of forecasts for...

Gold has been trading in a narrow range so far this year amid a lack of clarity surrounding the timing of the US Federal Reserve's monetary policy easing cycle. Higher borrowing costs are typically...

Gold prices have remained stable despite a hawkish Fed. Meanwhile, silver price forecasts for this year are anticipating a big spike in demand. So, will grey metal be a better option for precious...

Crude oil starts the week on a subdued note after recent volatility tied to the Israel-Hamas conflict. Middle East tensions continue to influence oil prices significantly, overshadowing other...

The oil market rallied as hopes of a cease-fire between Israel and Hamas fadeEnergy - Oil Rallies as Hopes of a Cease-Fire DisappearOil markets rallied yesterday with ICE (NYSE:ICE) Brent settling a...

Crude oil prices remain rangebound. However, refinery margins continue to strengthen driven by tightness in middle distillates. Gasoline has also played a role in this strength, with cracks rising on...

Gold, after making new highs in December, appears to be pausing before aiming for new highs in 2024. Geopolitical conflicts and historical trends suggest a favorable period for gold prices between...

Possible rise in oil price to $80 in the next quarter?On Tuesday, WTI oil futures rose to $73.50 a barrel, highlighting rising tension in the Middle East and concerns that this could disrupt oil...

Can pigs fly? Perhaps they can, but with US stock markets soaring and wage pressures intensifying, it’s very hard to see the Fed engaging in aggressive rate cuts. The current action of the...

Global manufacturing is slowly stirring back to life, as evidenced by a positive purchasing managers’ index (PMI) reading in January, and industrial metals, copper especially, look poised to...

During the COVID pandemic, commodity prices soared. And this lead to a bout of inflation that we hadn’t seen in years.But commodity prices have leveled off and this has helped to keep inflation...