Commodity Blog

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

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Wheat Futures Slump as Rain Could Improve US Crops

Wheat futures suffered their third consecutive loss on Wednesday as recent weather reports suggest rain could improve US crops. Wheat prices plummeted …

Copper Plunges 2% as Chile, Indonesia Supply Concerns Fade

Copper futures are plummeting on Tuesday as supply concerns in Chile and Indonesia are fading away. With an Indonesian mine restarting production and efforts to resolve a strike …

Gold Touches Two-Week High amid Sliding US Dollar

Gold prices are touching two-week highs as the US dollar slid to a six-week low amid US President Donald Trump‘s protectionist proposals. …

Commodities Technical Analysis, March 20th — March 24th

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 March 19th, 2017:…

Bitcoin Price Falls Due to Concerns on Legal Stances in EU and China

The price of Bitcoin declined on Friday, sending the virtual currency for its second day of losses as concerns grew …

Dovish Fed Helps Gold Post Best Weekly Gain Since February

A dovish Federal Reserve, a weaker US dollar, higher inflation concerns, and uncertainty over US President Donald Trump‘s policies have all …

Gold Soars on Weaker US Dollar, Dovish Federal Reserve

The Federal Reserve pulled the trigger on the third rate hike in a decade on Wednesday, but that did not stop gold prices from surging. The yellow …

Copper Futures Climb on Strike Worries, Chinese Economic Data

Copper futures are surging on Wednesday on potential supply disruptions due to renewed striking efforts at the world’s two biggest mines of the industrial metal. Copper prices …

US Crude Sinks Under $48 on Higher Saudi Output

Oil prices are slumping on Tuesday as new data suggested that Saudi Arabia and the US had higher crude output. With the international oil markets …

Gold Rises Ahead of Fed Meeting, Set for First Gain in 10 Sessions

Gold prices are on track for their first gain in 10 trading sessions as the precious metal stays above the key $1,200 threshold. The yellow metal is …

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