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Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities

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Iron Ore Rally Closing in on April Highs

The September iron ore contract on the Dalian Commodity exchange closed 6.5 yuan higher at 472.5 yuan ($71) per ton on Thursday, just 1.5 …

Federal Reserve Is Fueling Gold as Yellow Metal Hits 2-Week High

Gold prices are nearing two-week highs as the Federal Reserve is fueling the yellow metal’s recent gains. After the US central bank announced …

Gold Soars Even After Federal Reserve Hints at Looming Rate Hike

Gold futures rose on Wednesday even after the Federal Reserve hinted at a possible rate hike in the coming months. The US central bank did leave …

Cattle Rebounds on Lower Than Expected Supply Growth

A lower than expected increase in US livestock and beef supplies reported on Friday in the USDA’s Cattle on Feed report has buoyed the market over the last …

US Crude Falls to Lowest Level Since April on Oversupply Concerns

Oil prices fell on Tuesday as investors feared oversupply issues. Brent and US crude prices hit three-month lows due to rigorous oil drilling activities …

Gold Prices Weaken over Rising Federal Reserve Rate Hike Expectations

Gold prices started off the week in negative territory. The yellow metal weakened over rising expectations of the Federal Reserve raising interest rates later …

Can Bitcoin Rally Sustain Momentum?

Bitcoin showed resilience over the course of the weekend, twice bouncing off the $645 level and steadily working back to …

Commodities Technical Analysis, July 26th — July 30th

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of July 24th, 2016:…

Orange Juice Prices Set to Soar amid Global Shortage

You may have to find a substitute to complement your bacon and eggs in the morning. Orange juice prices are set to soar because of worldwide shortages after …

Cattle Futures Reach 5 Year Low on Sluggish Demand

US cattle futures declined to five year lows on Thursday with August live cattle declining 1.9 cents (1.7%) to $1.07525 per pound on the …

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