Commodities Analysis & Opinion

The rise in US oil inventories has halted the short-term price uptrend. Meanwhile, the situation in the Red Sea (NYSE:SE) remains unstable and pivotal to oil prices' next move. Concerns about the...

Since I wrote my last analysis, I find that despite the surging hopes for a rate cut of 25 basis points by the Fed in its meeting on Jan.30-31, gold futures continued to witness selling pressure below...

A new report by BMO (TSX:BMO) Capital Markets suggests that the price of gold is no longer being driven by real interest rates. What replaced them? I unveil the answer below.The American consumer did...

Gold and silver have started the week positively, with gold surpassing $2030 and silver reaching $23. Despite a challenging start in 2024, gold faces short-term pressures driven by positive risk...

Despite a rollover gap-up opening this week, Gold futures could remain under selling pressure on Monday as Friday’s stronger-than-expected economic data on Dec. Personal Spending and Pending...

The prospect that the Fed's pivot might come in May has kept gold under pressure and strengthened the dollar. However, forecasts point to continued stable demand for gold in 2024 $1940 per ounce is a...

Gold finished lower last week due to a slightly hawkish shift in Fed rate cut expectations Traders are closely monitoring central bank meetings (BOJ, ECB), global PMIs, and US GDP/PCE inflation...

This year’s record-high gold price and anticipated stellar gold prices in years to come are signaling a turning point in the financial system as we know it. The U.S. economy is facing critical...

A stronger dollar and a poor outlook for China's real estate market are weighing on copper prices But, demand for copper should gradually increase in the coming years Meanwhile, Antofagasta, a mining...

Oil prices fell more than 2% on Wednesday amid headwinds caused by a stronger dollar, oversupply concerns, and China's soft GDP data.Oil prices fell for a third day this week, with the West Texas...

After peaking in 2021, Copper prices declined sharply before bouncing around for a few years. That “bouncing” ended up following the twists and turns of Fibonacci rules.And we can see this...

Tensions in the Middle East continue to linger, however, comments from a Fed official and a surge in the USD yesterday held large parts of the commodity complex backEnergy – Red Sea (NYSE:SE)...

Gold fell over 0.7% on Tuesday amid strengthening dollar and rising yields, as well as uncertain Fed path. Gold tumbled over 0.7% on Tuesday to $2,039, but technical analysis suggests that near-term...

Reviewing 2023 results for the major asset classes reflects a long list of winners, with one conspicuous downside outlier: commodities.Amid widespread gains in global markets last year, the red ink in...