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.
Technical Analysis, January 30th — February 3rd, 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 January 28th, 2012:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Neutral |
| Gold | Long | Overbought | Long | Long |
| Silver | Long | Overbought | Long | Long |
| Copper | Long | Overbought | Long | Long |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 106.60 | 107.76 | 109.68 | 110.84 | 112.76 | 113.92 | 115.84 |
| Gold | 1587.73 | 1618.47 | 1678.03 | 1708.77 | 1768.33 | 1799.07 | 1858.63 |
| Silver | 30.30 | 30.99 | 32.37 | 33.06 | 34.43 | 35.12 | 36.50 |
| Copper | 360.73 | 366.82 | 377.58 | 383.67 | 394.43 | 400.52 | 411.28 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 107.95 | 110.07 | 111.03 | 113.15 | 114.11 |
| Gold | 1625.68 | 1692.45 | 1715.98 | 1782.75 | 1806.28 |
| Silver | 31.16 | 32.71 | 33.23 | 34.78 | 35.29 |
| Copper | 367.99 | 379.93 | 384.84 | 396.78 | 401.69 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 109.92 | 110.76 | 111.05 | 111.33 | 111.89 | 112.17 | 112.46 | 113.30 |
| Gold | 1687.94 | 1712.77 | 1721.05 | 1729.32 | 1745.88 | 1754.16 | 1762.43 | 1787.27 |
| Silver | 32.61 | 33.18 | 33.37 | 33.56 | 33.93 | 34.12 | 34.31 | 34.88 |
| Copper | 379.08 | 383.72 | 385.26 | 386.81 | 389.89 | 391.44 | 392.98 | 397.62 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 111.99 | 1739.50 | 33.75 | 389.75 |
| 61.8% | 110.81 | 1705.01 | 32.96 | 383.31 |
| 50.0% | 110.45 | 1694.35 | 32.71 | 381.33 |
| 38.2% | 110.09 | 1683.69 | 32.47 | 379.34 |
| 23.6% | 109.64 | 1670.51 | 32.17 | 376.88 |
| 0.0% | 108.91 | 1649.20 | 31.68 | 372.90 |
Commodity Prices — January 27th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 21:06 GMT:
Oil (Brent) — $111.54
Gold — $1,737.80
Silver — $33.75
Palladium — $690.30
Platinum — $1,620.00
Copper — $388.35
Aluminum — $110.35
Cocoa — $2,361.00
Sugar — $24.21
Corn — $642.00
Soybean — $1,218.25
Commodity Prices — January 26th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 19:40 GMT:
Oil (Brent) — $110.86
Gold — $1,722.70
Silver — $33.43
Palladium — $692.50
Copper — $388.50
Cocoa — $2,450.00
Sugar — $24.72
Corn — $635.50
Soybean — $1,222.50
Commodity Prices — January 25th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 23:15 GMT:
Oil (Brent) — $110.55
Gold — $1,710.30
Silver — $33.19
Palladium — $693.10
Platinum — $1,572.20
Copper — $383.60
Aluminum — $111.10
Cocoa — $2,439.00
Sugar — $24.51
Corn — $635.75
Soybean — $1,212.75
Commodity Prices — January 24th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 18:15 GMT:
Oil (Brent) — $109.92
Gold — $1,666.70
Silver — $32.17
Palladium — $682.25
Platinum — $1,550.60
Copper — $380.35
Aluminum — $110.75
Cocoa — $2,415.00
Sugar — $24.85
Corn — $633.25
Soybean — $1,222.75
Commodity Prices — January 23rd 2012
Latest commodity prices (ICE, NYMEX, CME) as of 18:45 GMT:
Oil (Brent) — $111.20
Gold — $1,676.80
Silver — $32.66
Palladium — $687.70
Platinum — $1,547.00
Copper — $379.45
Aluminum — $110.60
Cocoa — $2,269.00
Sugar — $25.04
Corn — $618.75
Soybean — $1,215.00
Technical Analysis, January 23rd — January 27th, 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 January 21st, 2012:
| Indicators | ||||
|---|---|---|---|---|
| Moving Averages | RSI | Parabolic SAR | CCI | |
| Oil | Long | Neutral | Short | Short |
| Gold | Neutral | Neutral | Long | Long |
| Silver | Short | Neutral | Long | Neutral |
| Copper | Long | Neutral | Long | Neutral |
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res | |
| Oil | 105.37 | 107.39 | 108.71 | 110.73 | 112.05 | 114.07 | 115.39 |
| Gold | 1603.47 | 1617.73 | 1641.87 | 1656.13 | 1680.27 | 1694.53 | 1718.67 |
| Silver | 29.49 | 29.70 | 30.11 | 30.31 | 30.72 | 30.93 | 31.34 |
| Copper | 352.87 | 360.03 | 366.72 | 373.88 | 380.57 | 387.73 | 394.42 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | |
| Oil | 107.22 | 108.35 | 110.56 | 111.69 | 113.90 |
| Gold | 1620.20 | 1646.80 | 1658.60 | 1685.20 | 1697.00 |
| Silver | 29.75 | 30.21 | 30.36 | 30.82 | 30.98 |
| Copper | 359.91 | 366.48 | 373.76 | 380.33 | 387.61 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res | |
| Oil | 108.18 | 109.10 | 109.41 | 109.71 | 110.33 | 110.63 | 110.94 | 111.86 |
| Gold | 1644.88 | 1655.44 | 1658.96 | 1662.48 | 1669.52 | 1673.04 | 1676.56 | 1687.12 |
| Silver | 30.18 | 30.35 | 30.40 | 30.46 | 30.57 | 30.63 | 30.68 | 30.85 |
| Copper | 365.78 | 369.59 | 370.86 | 372.13 | 374.67 | 375.94 | 377.21 | 381.02 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Oil | Gold | Silver | Copper | |
| 100.0% | 112.76 | 1670.40 | 30.52 | 381.05 |
| 61.8% | 111.48 | 1655.73 | 30.28 | 375.76 |
| 50.0% | 111.09 | 1651.20 | 30.21 | 374.13 |
| 38.2% | 110.70 | 1646.67 | 30.13 | 372.49 |
| 23.6% | 110.21 | 1641.06 | 30.05 | 370.47 |
| 0.0% | 109.42 | 1632.00 | 29.90 | 367.20 |
Commodity Prices — January 20th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 18:45 GMT:
Oil (Brent) — $110.07
Gold — $1,666.10
Silver — $30.52
Palladium — $677.00
Platinum — $1,530.30
Copper — $373.40
Aluminum — $110.10
Cocoa — $2,273.00
Sugar — $24.88
Corn — $606.75
Soybean — $1,187.50
Commodity Prices — January 19th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 21:09 GMT:
Oil (Brent) — $111.55
Gold — $1,657.50
Silver — $30.34
Palladium — $679.25
Platinum — $1,520.80
Copper — $380.20
Aluminum — $110.90
Cocoa — $2,322.00
Sugar — $24.84
Corn — $606.75
Soybean — $1,196.50
Commodity Prices — January 18th 2012
Latest commodity prices (ICE, NYMEX, CME) as of 22:54 GMT:
Oil (Brent) — $110.92
Gold — $1,659.10
Silver — $30.44
Palladium — $669.95
Copper — $374.70
Aluminum — $110.20
Cocoa — $2,295.00
Sugar — $24.05
Corn — $593.00
Soybean — $1,182.50
