Commodity Blog

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

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Soybean & Wheat Decline, Corn Avoids Losses

Soybean dropped today, following the decline of soybean meal. Previously, prices for soymeal were skyrocketing due to concerns about the impact of floods on Argentina’s harvest. Yet …

Gold & Silver in Decline, Outlook for Zinc Looks Positive

Prices for gold and silver fell today amid signs that the Federal Reserve is planning to resume its monetary tightening cycle. Higher interest …

Oil Falls as Iran Ramps Up Production

Crude oil fell more than 1% percent today (though it has trimmed its losses as of now) as Iran refused to stop the increase of its …

Commodities Technical Analysis, May 23rd — May 27th

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 May 21st, 2016:…

Gold Hits 3-Week Low on Likely June Fed Rate Hike

Gold hit a three-week low on Thursday after the latest minutes from a Federal Reserve policy meeting hinted that an increase in interest

Crude Oil Pares Losses, Uncertainty Remains

The price of Brent crude oil is up slightly after falling 1.1% on the New York Mercantile Exchange on Thursday as US crude supplies increased by 1.3 …

Gold Slips After Fed Releases Minutes

The Federal Reserve released the minutes from its meeting in April at 14:00 New York time today and they confirmed that the June interest rate

Oil Slightly Higher After Weekly US Inventory Report

The US Energy Information Administration released its weekly petroleum status report today. Crude oil inventories rose by 1.31 million barrels, gasoline fell …

Commodities Under Pressure Ahead of Fed Minutes

The market of metals was under pressure ahead of today’s release of monetary policy minutes from the Federal Reserve. The recent comments from Fed’s …

George Soros Makes Another Big Move on Gold

Billionaire investor George Soros recently announced that in this year’s first quarter, he acquired 1.05 million shares of SPDR gold trust …

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