Commodity Blog

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

Archives

Bitcoin Breaks Lower Than $1,000 on Growing Rift Between Developers

The price of Bitcoin moved lower than $1,000 on Friday as the virtual currency continued to face a number of headwinds. The latest came from a conflict between Bitcoin’s developers …

Gold Poised for Second Straight Weekly Gain

Gold futures are trading flat to end the week amid political uncertainty in the US over the Republican Party’s healthcare bill. Gold prices are set …

Oil Prices Hit by Swelling US Stockpiles

Oil prices are being impacted on Thursday by bloated US stockpiles. As US crude stocks surge to a record high, oil futures are retreating, erasing …

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 …

Navigation

Menu