Commodity Blog

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

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Soybean Dips As Chinese Imports Crater in May

Soybean futures are slipping on Tuesday after new data found Chinese imports collapsed in May, suggesting that the trade war is having a severe …

Optimism Drives Commodity Markets Today

The same optimism, which was hurting gold yesterday, was driving the metal down today as well. Traders rejoiced hearing the news that …

Bitcoin Prepares for Another Attempt to Retake $8,000

Bitcoin prices are preparing for another run at $8,000, having spent the last week trading in a tight band between $7,600 and $7,950. Most major alt …

Gold Retreats From 14-Month High As Equities Rebound on US-Mexico Deal

Gold futures are retreating from their best levels in more than a year as global markets rebound. After the US and Mexico reached an agreement on tariffs …

Commodities Technical Analysis, June 10th — June 14th

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of June 9th, …

Crude Gains More than 2% on Range of Positive Factors

Crude oil rallied more than 2% today. The commodity was benefiting from the same reasons as some other raw materials — the …

Gold & Other Precious Metals Rally on NFP, Fed Policy Outlook

Gold and other precious metals rallied today, with prices for bullion reaching the highest level in more than a year before pulling back by the session’s close. …

Copper Dips on Weak Global Manufacturing, Poised for Weekly Loss

Copper futures dipped at the end of the trading week on international manufacturing data that suggests the global economy is slowing down. Many of the major markets have …

Natural Gas Slides on Large Build in US Stockpiles

Natural gas futures are sliding on Thursday after the US government reported a bigger-than-expected increase in domestic inventories of the energy commodity. Natural gas prices …

US Crude Enters a Bear Market As Domestic Supplies Soar

Crude oil futures are extending their losses midweek as the energy commodity once again slipped into a bear market. This comes as the US government …

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