Commodity Prices

The daily updates on the commodity prices from the world’s biggest commodity exchange markets, including NYMEX, LME and ICE. All prices are listed in the U.S. dollars and are up-to-date as of the specified time.

Commodity exchange markets are quite volatile as they are influenced by many factors and serve many purposes. Commodity prices may serve as the indicator of the macroeconomic stability in the world, the attractiveness of the certain economic sectors and the state of the global appetites for risk. With the higher commodity prices intrinsic to the higher risk/yield states of the world’s financial markets.

The following factors affect the global price for the traded commodities:

1. Demand from the consumers of the given commodity.
2. Discovery of the new deposits (metals).
3. Weather (agriculture).
4. Capacity utilization by the refinery plants.
5. Inventories data.
6. Speculations by the hedge funds.
7. Global financial situation.

When you are evaluating the commodity prices and their probable future movement, you should be also considering all these factors.

Commodity Prices — February 8th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 18:28 GMT:

Oil (Brent) — $69.80
Gold — $1,065.58
Silver — $15.10
Palladium — $405.00
Platinum — $1,480.46
Copper — $6,425.00
Aluminum — $2,007.00
Nickel — $17,251.00
Zinc — $2,020.50
Cocoa — $3.015.00
Sugar — $26.72
Corn — $357.00
Soybean — $930.25

Technical Analysis, February 8th — February 12th, 2010

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of February 6th 2010:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Short Neutral Short Short
Gold Short Neutral Short Short
Silver Short Oversold Short Short
Copper Short Oversold Short Short

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 56.90 62.49 65.75 71.34 74.60 80.19 83.45
Gold 942.48 993.32 1023.08 1073.92 1103.68 1154.52 1184.28
Silver 11.72 13.18 14.01 15.47 16.30 17.76 18.59
Copper 5332 5779 6054 6501 6776 7223 7498

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 61.91 64.59 70.76 73.44 79.61
Gold 988.05 1012.55 1068.65 1093.15 1149.25
Silver 13.02 13.70 15.31 15.99 17.60
Copper 5736 5969 6458 6691 7180

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 64.14 66.58 67.39 68.20 69.82 70.63 71.44 73.88
Gold 1008.52 1030.69 1038.07 1045.46 1060.24 1067.63 1075.02 1097.18
Silver 13.58 14.21 14.42 14.63 15.05 15.26 15.47 16.10
Copper 5933 6131 6198 6264 6396 6462 6529 6727

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 76.93 1124.75 16.93 6947
61.8% 73.55 1093.96 16.06 6671
50.0% 72.51 1084.45 15.79 6586
38.2% 71.46 1074.94 15.51 6501
23.6% 70.17 1063.17 15.18 6395
0.0% 68.08 1044.15 14.64 6225

Commodity Prices — February 5th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 18:16 GMT:

Oil (Brent) — $69.05
Gold — $1,053.13
Silver — $14.85
Palladium — $395.00
Platinum — $1,479.69
Copper — $6,330.00
Aluminum — $1,990.00
Nickel — $17,125.00
Zinc — $1,973.80
Cocoa — $2,990.00
Sugar — $26.19
Corn — $349.75
Soybean — $913.50

Commodity Prices — February 4th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 20:22 GMT:

Oil (Brent) — $71.87
Gold — $1,060.97
Silver — $15.31
Palladium — $409.50
Platinum — $1,558.16
Copper — $6,377.00
Aluminum — $2,035.00
Nickel — $17,845.00
Zinc — $2,055.80
Cocoa — $3,083.00
Sugar — $27.61
Corn — $354.50
Soybean — $915.75

Commodity Prices — February 3rd 2010

Latest commodity prices (ICE, NYMEX, CME) as of 17:12 GMT:

Oil (Brent) — $76.23
Gold — $1,111.30
Silver — $16.38
Palladium — $438.00
Platinum — $1,577.88
Copper — $6,560.00
Aluminum — $2,083.00
Nickel — $18.300.00
Zinc — $2,099.80
Cocoa — $3,150.00
Sugar — $28.95
Corn — $357.25
Soybean — $914.00

Commodity Prices — February 2nd 2010

Latest commodity prices (ICE, NYMEX, CME) as of 16:42 GMT:

Oil (Brent) — $75.02
Gold — $1,117.35
Silver — $16.74
Palladium — $440.50
Platinum — $1,540.50
Copper — $6,834.00
Aluminum — $2,115.00
Nickel — $18.297.00
Zinc — $2,164.80
Cocoa — $3,129.00
Sugar — $29.15
Corn — $364.50
Soybean — $920.50

Commodity Prices — February 1st 2010

Latest commodity prices (ICE, NYMEX, CME) as of 17:45 GMT:

Oil (Brent) — $72.39
Gold — $1,097.58
Silver — $16.51
Palladium — $423.50
Platinum — $1,514.84
Copper — $6,780.00
Aluminum — $2,084.00
Nickel — $17.900.00
Zinc — $2,148.80
Cocoa — $3,145.00
Sugar — $29.63
Corn — $358.25
Soybean — $914.75

Technical Analysis, February 1st — February 5th, 2010

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of January 30th 2010:

Indicators
Moving Averages RSI Parabolic SAR CCI
Oil Short Neutral Short Neutral
Gold Short Neutral Short Short
Silver Short Neutral Short Short
Copper Neutral Neutral Short Short

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 69.13 70.30 71.47 72.64 73.81 74.98 76.15
Gold 1036.19 1055.07 1065.96 1084.84 1095.73 1114.61 1125.50
Silver 14.41 15.21 15.65 16.45 16.89 17.69 18.13
Copper 5858 6321 6561 7024 7264 7727 7967

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 70.30 71.48 72.64 73.82 74.98
Gold 1053.07 1061.97 1082.84 1091.74 1112.61
Silver 15.12 15.48 16.36 16.72 17.60
Copper 6265 6449 6968 7152 7671

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 71.36 72.01 72.22 72.44 72.86 73.08 73.29 73.94
Gold 1060.48 1068.66 1071.39 1074.12 1079.58 1082.31 1085.04 1093.22
Silver 15.42 15.76 15.87 15.99 16.21 16.33 16.44 16.78
Copper 6413 6607 6671 6736 6864 6929 6993 7187

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 73.80 1103.72 17.24 7488
61.8% 72.91 1092.35 16.77 7219
50.0% 72.63 1088.84 16.62 7137
38.2% 72.35 1085.32 16.47 7054
23.6% 72.01 1080.98 16.29 6951
0.0% 71.46 1073.95 16.00 6785

Commodity Prices — January 29th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 16:01 GMT:

Oil (Brent) — $72.65
Gold — $1,076.95
Silver — $16.11
Palladium — $414.00
Platinum — $1,509.92
Copper — $6,800.00
Aluminum — $2,087.00
Nickel — $18.600.00
Zinc — $2,122.00
Cocoa — $3,207.00
Sugar — $29.85
Corn — $361.50
Soybean — $932.25

Commodity Prices — January 28th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 18:19 GMT:

Oil (Brent) — $71.90
Gold — $1,079.30
Silver — $16.11
Palladium — $413.50
Platinum — $1,515.30
Copper — $6,830.00
Aluminum — $2,097.00
Nickel — $18.100.00
Zinc — $2,143.00
Cocoa — $3,246.00
Sugar — $28.79
Corn — $360.25
Soybean — $926.50

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