Oil Soars to Monthly High on Demand Expectations

The price for light sweet grade of oil rose to its March 10 levels today as the US stocks rebounded on growth expectations. Oil is also benefiting …

Copper Pares Last Week’s Losses

Copper recovered all of its loss generated during the first week of April today. The metal gained during a majorly bearish commodity market, pressured by an overall …

Technical Analysis, April 7th — April 11th

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 5th, 2014:…

Gold & Silver Surge on NFP, Aluminum Heads to Weekly Gain

Gold and silver rallied today after US nonfarm payrolls trailed analysts’ expectations. Economists have counted on jobs growth by about 200,000. In reality, …

Gold & Silver Lose Value Ahead of Nonfarm Payrolls

Gold and silver dropped today on speculations that steady growth of the US economy will lead to an interest rate hike from the Federal Reserve in …

Crude Oil Rallies on News from Libya

Crude oil rallied today on speculations that the Libyan government and the rebels will not be able to reach an agreement to restore oil shipments. It was …

Aluminum Gains on Supply Concerns, Wheat Falls on Weather

Aluminum rose today, touching the highest level this year, on concerns about supply. Copper prices also went up as Chile, which is the biggest …

Platinum Rallies due to Strike, Soybeans Gain on Inventories

Platinum rose today as strikes in South Africa continue. Workers and companies are not able to agree on wages and this led to the 10-week halt for mining. While …

Copper Gains on China’s Stimulus Speculations

Copper rose today, paring the previous drop, on speculations that slowing China’s manufacturing will spur the government of the Asian country to stimulate economic growth. The HSBC …

Gold Under Pressure as US Stocks Climb

Gold retreat today, demonstrating the longest drop in more than four months and reaching the lowest level in 7 weeks. The precious metal declined as US stocks …


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