Commodities Look to Book Further Gains this Week
March 7, 2011 9:29 am by Russell GlaserRecord commodity prices have been a sharp reminder of how uprisings in the Middle East are playing out in the commodity markets. Currently crude oil, gold, and silver all stand at their 2011 highs.
Weekly Commodity Outlook
February 28, 2011 9:50 am by Anton EljwizatCrude oil Crude oil rose, capping the biggest weekly gain in two years, on concern that the turmoil in Libya will spread to Middle East petroleum producers. Grains jumped, driving a measure of raw materials up to a record.
Weekly Commodity Outlook
January 31, 2011 4:24 pm by Anton EljwizatCrude Oil Crude oil recovered, gaining more than 4% on Jan. 28, amid concern that unrest in Egypt could spread to other regional producers. Prices recouped losses sustained earlier last week after Saudi Arabian Oil Minister Ali al-Naimi said OPEC members ...
Is the Price of Gold Heading for $2,300 an Ounce?
November 11, 2010 5:35 pm by Greg HoldenDebate over the Fed’s recent QE2 maneuver has been generating some interesting volatility on commodity prices, particularly Gold. We’ve seen the US dollar gaining strength as investors anticipate the possibility of renewed inflationary growth in the US, but occasionally there ...
Commodity Prices Fall in Unison
October 11, 2010 3:30 pm by Russell GlaserThe prices of spot crude oil and spot gold both fell during the European trading sessions as a strengthening dollar weighed on the prices. Commodity prices have been tracking the movements of the major currencies which entered into the new ...
Gold Steadies Near $1,113
February 2, 2010 7:38 pm by Anton EljwizatGold prices softened a touch but still hovered near $1,113 per ounce on Tuesday after posting their biggest daily gain in three months in the previous session boosted by an oil rally, dollar weakness and strong U.S. data.
Silver Trades Around $17
January 26, 2010 10:42 am by Anton EljwizatIn last week’s trading, the silver experienced much bearishness. However, as I will illustrate below the 8-hour chart’s oscillators support a bullish reversal for today. Traders should take advantage of this unique opportunity and use the volatile market in order ...
Gold Drops as Dollar Strengthens
January 25, 2010 7:28 pm by Anton EljwizatGold prices slid as low as $1092 an ounce earlier today, which is largely owed to the USD's gains vs. the EUR. In the past week, Gold has made a significant downward correction, which can be directly correlated with the ...
Impending Bearishness for Silver
January 11, 2010 6:26 pm by Anton EljwizatLast week's bullish movement in Silver has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the price of Silver may very well be heading for a reversal. Forex traders can take advantage of ...
Gold Prices Expected to Rebound
December 16, 2009 1:56 pm by Anton EljwizatGold was pulled both ways yesterday due to the dollar's strength and inflation fears. The stronger dollar pressured gold while that was countered by inflation fears ignited by an unexpected jump in producer prices and rallying oil prices. This recent ...
