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 — May 4th 2012

Latest commodity prices (ICE, NYMEX, CME) as of 17:56 GMT:

Oil (Brent) — $113.00 per barrel.
Gold — $1,636.00 per troy ounce.
Silver — $30.10 per troy ounce.
Palladium — $652.20 per troy ounce.
Copper — $372.40 per 100 pounds.
Cocoa — $2,280.00 per metric ton.
Sugar — $20.83 per 100 pounds.
Corn — $670.25 per 100 bushels.
Soybean — $1,468.00 per 100 bushels.

Commodity Prices — May 3rd 2012

Latest commodity prices (ICE, NYMEX, CME) as of 19:15 GMT:

Oil (Brent) — $116.07 per barrel.
Gold — $1,635.00 per troy ounce.
Silver — $30.01 per troy ounce.
Palladium — $661.90 per troy ounce.
Copper — $373.00 per 100 pounds.
Cocoa — $2,307.00 per metric ton.
Sugar — $20.68 per 100 pounds.
Corn — $648.00 per 100 bushels.
Soybean — $1,468.25 per 100 bushels.

Commodity Prices — May 2nd 2012

Latest commodity prices (ICE, NYMEX, CME) as of 18:54 GMT:

Oil (Brent) — $118.07 per barrel.
Gold — $1,653.40 per troy ounce.
Silver — $30.59 per troy ounce.
Palladium — $669.70 per troy ounce.
Copper — $378.55 per 100 pounds.
Cocoa — $2,331.00 per metric ton.
Sugar — $20.53 per 100 pounds.
Corn — $640.25 per 100 bushels.
Soybean — $1,480.00 per 100 bushels.

Commodity Prices — May 1st 2012

Latest commodity prices (ICE, NYMEX, CME) as of 20:57 GMT:

Oil (Brent) — $119.65 per barrel.
Gold — $1,663.30 per troy ounce.
Silver — $30.93 per troy ounce.
Palladium — $680.00 per troy ounce.
Copper — $383.40 per 100 pounds.
Cocoa — $2,337.00 per metric ton.
Sugar — $20.99 per 100 pounds.
Corn — $656.00 per 100 bushels.
Soybean — $1,496.00 per 100 bushels.

Commodity Prices — April 30th 2012

Latest commodity prices (ICE, NYMEX, CME) as of 19:27 GMT:

Oil (Brent) — $119.34 per barrel.
Gold — $1,665.70 per troy ounce.
Silver — $31.00 per troy ounce.
Palladium — $681.80 per troy ounce.
Copper — $384.15 per 100 pounds.
Cocoa — $2,209.00 per metric ton.
Sugar — $21.17 per 100 pounds.
Corn — $660.25 per 100 bushels.
Soybean — $1,503.00 per 100 bushels.

Technical Analysis, April 30th — May 4th, 2012

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 April 28th, 2012:

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

Floor Pivot Points
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
Oil 114.88 116.04 117.84 119.00 120.80 121.96 123.76
Gold 1607.60 1618.00 1638.80 1649.20 1670.00 1680.40 1701.20
Silver 28.49 29.21 30.25 30.97 32.01 32.73 33.77
Copper 346.03 353.37 367.83 375.17 389.63 396.97 411.43

Woodie’s Pivot Points
2nd Sup 1st Sup Pivot 1st Res 2nd Res
Oil 116.20 118.15 119.16 121.11 122.12
Gold 1620.60 1644.00 1651.80 1675.20 1683.00
Silver 29.29 30.41 31.05 32.17 32.81
Copper 355.15 371.40 376.95 393.20 398.75

Camarilla Pivot Points
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
Oil 118.00 118.82 119.09 119.36 119.90 120.17 120.44 121.26
Gold 1642.44 1651.02 1653.88 1656.74 1662.46 1665.32 1668.18 1676.76
Silver 30.32 30.81 30.97 31.13 31.45 31.61 31.77 32.26
Copper 370.31 376.31 378.30 380.30 384.30 386.30 388.30 394.29

Fibonacci Retracement Levels
Oil Gold Silver Copper
100.0% 120.17 1659.60 31.69 382.50
61.8% 119.04 1647.68 31.01 374.17
50.0% 118.69 1644.00 30.81 371.60
38.2% 118.34 1640.32 30.60 369.03
23.6% 117.91 1635.76 30.34 365.84
0.0% 117.21 1628.40 29.93 360.70

Commodity Prices — April 27th 2012

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

Oil (Brent) — $119.66 per barrel.
Gold — $1,664.70 per troy ounce.
Silver — $31.29 per troy ounce.
Palladium — $682.60 per troy ounce.
Copper — $382.30 per 100 pounds.
Cocoa — $2,300.00 per metric ton.
Sugar — $21.33 per 100 pounds.
Corn — $654.50 per 100 bushels.
Soybean — $1,495.00 per 100 bushels.

Commodity Prices — April 26th 2012

Latest commodity prices (ICE, NYMEX, CME) as of 23:40 GMT:

Oil (Brent) — $119.56 per barrel.
Gold — $1,659.60 per troy ounce.
Silver — $31.04 per troy ounce.
Palladium — $667.40 per troy ounce.
Copper — $376.80 per 100 pounds.
Cocoa — $2,278.00 per metric ton.
Sugar — $21.31 per 100 pounds.
Corn — $627.25 per 100 bushels.
Soybean — $1,488.00 per 100 bushels.

Commodity Prices — April 25th 2012

Latest commodity prices (ICE, NYMEX, CME) as of 17:52 GMT:

Oil (Brent) — $118.92 per barrel.
Gold — $1,629.90 per troy ounce.
Silver — $30.47 per troy ounce.
Palladium — $661.50 per troy ounce.
Platinum — $1,552.70 per troy ounce.
Copper — $370.05 per 100 pounds.
Cocoa — $2,239.00 per metric ton.
Sugar — $22.10 per 100 pounds.
Corn — $614.00 per 100 bushels.
Soybean — $1,470.25 per 100 bushels.

Commodity Prices — April 24th 2012

Latest commodity prices (ICE, NYMEX, CME) as of 19:39 GMT:

Oil (Brent) — $118.11 per barrel.
Gold — $1,641.50 per troy ounce.
Silver — $30.75 per troy ounce.
Palladium — $667.80 per troy ounce.
Platinum — $1,553.30 per troy ounce.
Copper — $367.15 per 100 pounds.
Cocoa — $2,276.00 per metric ton.
Sugar — $22.01 per 100 pounds.
Corn — $616.75 per 100 bushels.
Soybean — $1,464.00 per 100 bushels.

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