Commodity Blog
Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities
Metals Rally as Dollar Weakens, Gold Doesn’t Join
Futures for metals priced in the US dollar gained today as the greenback weakened. Yet gold did not join the rally, still hanging near the lowest level …
Natural Gas Falls on Rising Domestic Inventories
August 16, 2018 at 16:48
Natural Gas
Natural gas futures are trading lower on Thursday after the US government reported that domestic inventories of the energy supply climbed more than what …
Soybeans Add to Losses Despite US Shipments to China
August 15, 2018 at 15:28
Soybean
Soybean futures are adding to their losses midweek, despite US shipments of the commodity entering China. Investors are also paying attention to reports that …
Clashing Fundamentals Keep Crude Oil from Rebounding
August 14, 2018 at 18:54
Oil
Futures for crude oil traded almost flat today amid clashing fundamentals, though just recently they have went down. On the positive side, the market …
Copper Slides 1% on Disappointing Chinese Economic Data
August 14, 2018 at 14:04
Copper
Copper futures are sliding more than 1% on Tuesday after disappointing Chinese economic data suggested that demand for the industrial metal will decline. …
Crude Oil Declines amid Turkish Crisis Concerns, Other Negative Fundamentals
August 13, 2018 at 18:05
Oil
Futures for crude oil attempted to hold ground today but failed and are now trading far below the opening levels. The reason for that was concerns …
Gold Plunges to 17-Month Low As Dollar Boosted by Turkish Crisis
August 13, 2018 at 16:32
Gold
Gold futures are plummeting to their lowest levels in about 17 months to kick off the trading week. The yellow metal is flirting with $1,200 …
Commodities Technical Analysis, August 13th — August 17th
August 12, 2018 at 10:11
Technical Analysis
The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of August 12th, …
Gold Takes Hit on Strong Greenback, Unable to Benefit From Turkish Crash
August 10, 2018 at 20:15
Gold
Gold futures are still continuing their 2018 ways, taking a hit on a strengthening US dollar and unable to benefit from the Turkish crash. Gold prices …
Crude Oil Rallies on US Sanctions Against Iran, Still Heads to Weekly Losses
August 10, 2018 at 16:21
Oil
Futures for crude oil logged big gains today amid concerns that US sanctions against Iran can hurt global supply of crude. In fact, …