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 — July 30th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 16:23 GMT:

Oil (Brent) — $77.36
Gold — $1,178.20
Silver — $18.01
Palladium — $493.00
Platinum — $1,563.03
Copper — $7,288.00
Aluminum — $2,165.00
Nickel — $21,065.00
Zinc — $2,007.30
Cocoa — $3,078.00
Sugar — $19.49
Corn — $401.50
Soybean — $997.50

Commodity Prices — July 29th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 20:13 GMT:

Oil (Brent) — $77.65
Gold — $1,168.25
Silver — $17.59
Palladium — $483.00
Platinum — $1,560.27
Copper — $7,252.00
Aluminum — $2,092.00
Nickel — $20,700.00
Zinc — $1,980.30
Cocoa — $3,030.00
Sugar — $19.50
Corn — $379.50
Soybean — $1027.75

Commodity Prices — July 28th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 17:39 GMT:

Oil (Brent) — $75.74
Gold — $1,161.04
Silver — $17.47
Palladium — $467.00
Platinum — $1,534.99
Copper — $7,168.00
Aluminum — $2,069.00
Nickel — $20,450.00
Zinc — $1,955.00
Cocoa — $3,022.00
Sugar — $18.87
Corn — $375.50
Soybean — $1012.75

Commodity Prices — July 27th 2010

Latest commodity prices (ICE, NYMEX, CME) as of 15:58 GMT:

Oil (Brent) — $76.02
Gold — $1,160.81
Silver — $17.59
Palladium — $467.50
Platinum — $1,537.68
Copper — $7,055.00
Aluminum — $2,060.00
Nickel — $20,500.00
Zinc — $1,907.00
Cocoa — $2,981.00
Sugar — $18.70
Corn — $365.75
Soybean — $998.00

Commodity Prices — July 26th 2010

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

Oil (Brent) — $77.42
Gold — $1,184.52
Silver — $18.17
Palladium — $471.50
Platinum — $1,550.40
Copper — $7,117.00
Aluminum — $2,053.00
Nickel — $20,755.00
Zinc — $1,949.00
Cocoa — $2,978.00
Sugar — $18.58
Corn — $362.50
Soybean — $995.00

Technical Analysis, July 26th — July 30th, 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 July 24th 2010:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 72.17 73.46 75.51 76.80 78.85 80.14 82.19
Gold 1146.65 1161.03 1174.87 1189.25 1203.09 1217.47 1231.31
Silver 16.73 17.08 17.57 17.92 18.41 18.76 19.25
Copper 6026 6250 6641 6865 7256 7480 7871

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 73.65 75.89 76.99 79.23 80.33
Gold 1160.90 1174.59 1189.12 1202.81 1217.34
Silver 17.12 17.65 17.96 18.49 18.80
Copper 6292 6724 6907 7339 7522

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 75.72 76.64 76.95 77.25 77.87 78.17 78.48 79.40
Gold 1173.18 1180.94 1183.53 1186.11 1191.29 1193.87 1196.46 1204.22
Silver 17.61 17.84 17.92 17.99 18.15 18.22 18.30 18.53
Copper 6693 6862 6918 6975 7087 7144 7200 7369

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 78.09 1203.64 18.26 7090
61.8% 76.81 1192.86 17.94 6855
50.0% 76.42 1189.53 17.84 6783
38.2% 76.03 1186.20 17.74 6710
23.6% 75.54 1182.08 17.62 6620
0.0% 74.75 1175.42 17.42 6475

Commodity Prices — July 23rd 2010

Latest commodity prices (ICE, NYMEX, CME) as of 19:07 GMT:

Oil (Brent) — $77.55
Gold — $1,188.51
Silver — $18.09
Palladium — $464.00
Platinum — $1,522.88
Copper — $7,031.00
Aluminum — $2,035.00
Nickel — $20,425.00
Zinc — $1,920.00
Cocoa — $2,962.00
Sugar — $18.30
Corn — $370.50
Soybean — $1,018.25

Commodity Prices — July 22nd 2010

Latest commodity prices (ICE, NYMEX, CME) as of 16:04 GMT:

Oil (Brent) — $77.16
Gold — $1,195.90
Silver — $18.12
Palladium — $454.00
Platinum — $1,524.58
Copper — $7,000.00
Aluminum — $2,043.00
Nickel — $20,200.00
Zinc — $1,934.00
Cocoa — $2,924.00
Sugar — $18.02
Corn — $377.50
Soybean — $1,017.25

Commodity Prices — July 21st 2010

Latest commodity prices (ICE, NYMEX, CME) as of 18:05 GMT:

Oil (Brent) — $75.45
Gold — $1,192.30
Silver — $17.76
Palladium — $450.50
Platinum — $1,524.52
Copper — $6,846.00
Aluminum — $2,003.00
Nickel — $19,477.00
Zinc — $1,900.00
Cocoa — $2,932.00
Sugar — $17.54
Corn — $380.50
Soybean — $1,017.50

Commodity Prices — July 20th 2010

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

Oil (Brent) — $76.04
Gold — $1,190.04
Silver — $17.63
Palladium — $444.50
Platinum — $1,504.66
Copper — $6,641.00
Aluminum — $1,972.00
Nickel — $19,100.00
Zinc — $1,868.00
Cocoa — $2,974.00
Sugar — $17.51
Corn — $376.00
Soybean — $1,004.25

Trade Gold with 1:100 Leverage! Don't show me this offer ×