Commodity Blog

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

Archives

Commodities Technical Analysis, May 21st — May 25th

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 May 20th, …

Gold Steadies Amid Stalled US-China Trade Talks, Higher Treasury Yields

Gold futures are steadying at the end of the trading week, but the precious metal is poised for its second straight weekly loss after a month of consecutive …

Wheat Rallies on Weather Concerns, Corn & Soybean Drop

Futures for wheat rallied today amid concerns about impact that weather may have on winter crop. Prices for corn and soybean declined.

Market participants …

Natural Gas Rallies on Weekly Increase in Domestic Supplies

Natural gas futures are rallying on Thursday after the US government reported that domestic stockpiles rose more than expected. If natural gas …

Oil Hits $80 As the Market Weighs Up Iran Sanctions

Oil prices surged past $80 per barrel on Thursday amid fresh fears of US sanctions. US President, Donald Trump, has suggested that …

Soybean Futures Plunge on Chinese Demand Concerns

Soybean futures are plummeting midweek as the US agriculture sector is still concerned about slowing Chinese demand moving forward. With …

Oil Retraces on Reduced Demand and Increased Crude Stockpile

Brent crude oil has slipped back below $78 per barrel as demand has started to slow with prices nearing the $80 mark. API

Copper Joins Other Metals in Massive Selloff

Copper futures are falling as much as 2% on Tuesday as other precious metals crater to 2018 lows. The industrial metal is sliding on a strengthening US dollar …

Oil Hits 3-Year High Amid Continued Geopolitical and Sanction Concerns

Oil prices rose to their highest point in three and a half years as the market continues to dwell on US sanctions against Iran and trouble in the Middle East. …

Gold Slips Despite Lower US Dollar, Geopolitical Uncertainty

Gold futures are sliding to start the trading week, despite a lower US dollar and growing geopolitical uncertainty. The yellow metal continues to trade in the tight $1,300 …

Navigation

Menu