Commodity Blog
Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities
Bitcoin Loses More Than $300 on Strong Volatility, Remains Above $2,000
May 26, 2017 at 18:08
Bitcoin
The price of Bitcoin had a volatile day on Friday, a single day after the digital currency reached a new …
Political Uncertainty, Weaker US Dollar Help Gold Record Third Weekly Gain
May 26, 2017 at 17:14
Gold
Gold futures are ending the final trading session of the week higher. Thanks to political uncertainty and a weaker US …
Crude Oil Prices Stabilize After OPEC Disappointment
May 26, 2017 at 16:04
Oil
Crude oil prices stabilized today following yesterday’s huge
US Crude Sinks Below $50 as OPEC Extension Disappoints Market
May 25, 2017 at 16:59
Oil
US crude tumbled to fresh lows on Thursday as it is now trading under $50. Oil prices plummeted more than 4% as investors were …
China’s Downgrade, Falling Imports Sends Copper Futures Lower
May 24, 2017 at 16:35
Copper
Copper futures are trading lower midweek amid bad news coming out of China. Moody’s slapped China with a credit downgrade and new trade …
Crude Oil Meanders Ahead of OPEC Meeting
May 24, 2017 at 16:18
Oil
Prices for crude oil meandered today, struggling to establish a clear trend (though currently they are trading below the opening level), as traders were nervous …
Gold Futures Flat as Caution Sweeps Market After Terrorist Attack
May 23, 2017 at 13:53
Gold
Gold futures are trading flat on Tuesday as investors remain cautious following Monday’s terrorist attack in Manchester. The yellow metal is pulling back from …
Commodities Technical Analysis, May 22nd — May 26th
May 21, 2017 at 9:24
Technical Analysis
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, 2017:…
Bitcoin Price Climbs Closer to $2,000 Mark on Rising Demand in Japan and Korea
May 19, 2017 at 22:38
Bitcoin
The price of Bitcoin moved past $1,900 on Friday for the first time in the digital currency’s history, as demand from Japan and Korea continued to drive the market higher. Rising …
Gold Poised for Best Weekly Gain in 5 Weeks
May 19, 2017 at 16:53
Gold
Gold futures are on track to record their best weekly gain in five weeks. With political turmoil occurring in Washington, which is impacting the US …