Commodities Analysis & Opinion

With ECB, BoC signaling they are nearly done with hikes, all eyes/ears on Fed Gold bulls may have found a home in high $1,900s till Fed decision Dollar will be key as well to gold’s outcome,...

Bulls are focused on the $24.5 level on the silver price chart, with more optimistic investors eyeing the $26 resistance line. Industrial demand for silver is also a factor in determining any silver...

Upon analyzing recent movements in natural gas futures, it is evident that bulls are making an effort to hold immediate support at 2.492 on Monday. This is despite the considerable selling...

Market optimism continues to run high. A day after the consumer price index showed the lowest 12-month increase since March 2021, producer prices also proved to be following suit, showing a marginal...

China Q2 GDP shows substantial growth slowdown in top oil-importing nation Doubts are growing that global oil demand will hit record highs this year OPEC cannot cut its way to prosperity, not with...

National heat advisory sees massive sweltering weather this week Benchmark gas futures meanwhile stay in range under $2.70 Talk on market is that major August heat also needed to avert storage...

Since the last hawkish move by the Federal Reserve on Jun 13-14, Gold Futures witnessed a sell-off after facing stiff resistance at $1,970 and continued to slide to hit a low at $1,900 on June 29,...

Natural Gas futures witnessed a sell-off soon after the announcement of weekly inventory last Thursday, which showed an addition of 4bcf to supplies. The selling spree continued last Friday after the...

Corn hits 30-month low on poor fundamentals after late summer rally last year USDA crop report must show underwhelming output to restore market’s upside Corn’s technical outlook better...

Softer US jobs report for June is only one-half of the inflation puzzle, risk-driver Traders anxiously look out for Wednesday’s CPI report to get a read on Fed Oil, gold fumble at start of week...

NY/Eastern US temperatures soar while Texas/South heat wanes  Gas prices return to mid-$2 to sub-$2.70 range on mixed heat/storage outlook With all things being equal, LNG helps gas bulls by...

Cocoa prices have experienced a one-year rally and have returned over 40%, with bulls aiming for a more than 12-year high. The rally in cocoa is supported by reduced bean arrivals in Ivory Coast and...

Russia's export cuts could indicate a need for more domestic oil supply. Aramco CEO remains confident in long-term oil demand despite recessionary fears. OPEC invites Azerbaijan to join, aiming to...

OPEC, the Fed, and the U.S. jobs report could lead to a volatile week for oil, gold, and other commodities. Traders are watching for the Saudi oil minister's output cut plans at the OPEC...