Commodities Analysis & Opinion

In a piece I wrote on Jan. 28, I warned about growing hopes for retesting $2000 could lead to a fake breakout shortly to trap gold bulls as the retesting of $2000 seemed likely until the Federal...

Gold futures reached a 9-month high of $1,975; spot gold at nearly $1,960 A weaker-than-expected reading for nonfarm payrolls could help gold reach $2,000 The Dollar Index is at a 10-month low of...

Gold Price The precious metals price action is expected to be a wild one today, and this is because the US NFP number is likely to bring higher volatility for the metal. Again, a strong reading may...

BP (LON:BP) has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of that...

Global central banks purchased 1,136 tons of gold in 2022, driving the demand for the yellow metal to the highest mark since 2011. The figure, which represents the most central banks bought in 55...

Analyzing the movements in gold futures contract, I find that despite a surge in bullish outlook till last week as the expectations were tilting towards a breakout above $2000, persisting exhaustion...