Summary With the reemergence of coronavirus cases and consumers growing less confident, the price of gold has declined. With the decline in gold market, silver has seen a notable increase, with investors hoping it will reach $18.00. Meanwhile, Uranium is able to make gains as a significant power generation fuel. Gold Market Fluctuates With Consumer […]
Summary: Investors Take a Shine to Silver Global economic uncertainty along with expectations of interest rate cuts have increased the price of precious metals. There is a disconnect between the price of gold and the price of other precious metals. Gold As global economic uncertainty endures, investors are continuing to turn to safe haven assets, […]
Gold (GDX) Gold (GDX) prices rose an astounding 7.41% in 3 days last week. The jump was led by escalating tensions between Iran and western countries, including Britain and the US, as well as expectations of monetary easing by global central banks. In fact, gold briefly hit a 6-year high of $1,452.60 on Friday after […]
Summary – Commodity Market Overview Indonesia’s upcoming export ban on ore along with increasing demand for electric vehicle batteries has increased the price of nickel. Meteorological, political, and inventory uncertainty is causing oil prices to grow. The GSP price has increased due to more expensive energy commodities such as oil and an increase in the […]
Summary: Coffee, Palladium, and Gold Commodity Review Fears of frost in Brazil combined with an appreciating Brazilian Real have increased the cost of coffee. Global economic and political tension along with expectations of interest rate cuts have increased the price of precious metals. Coffee Brazil is the world’s largest producer of coffee beans. The state […]
Summary Gold miners ETFs prices surged in reaction to tensions between Iran and the U.S and central banks pacific turn. PALL, the only US-listed ETF backed by physical holdings of the white metal, rise due to stricter emission regulations in the Chinese market. Shanghai Steel Rebar Future prices raised slightly inspite of poor weather conditions […]
Summary Wheat futures rise due to rainstorms in midwestern US and limited corn supply Cocoa prices peak as Ivory Coast and Ghana seek to cut supply Gold prices continue rally among global political tension Wheat Persistent rainstorms in the US Great Plains area did not leave wheat untouched, with wheat futures climbing to the highest […]
Summary Coffee and orange juice markets influenced by currency fluctuations and weather conditions. Trade wars and expectations of the U.S. Federal Reserve lowering interest rates lead to increased demand for gold. Coffee Brazil is the main producer of coffee beans, and the recent appreciation of the Brazilian Real has affected the value of coffee in […]
Summary We are currently in what is referred to as a “Weather Market” in grain commodities as unusually bad weather continues to plague the Midwest and dictate market moves to the upside. Coffee markets influenced by currency fluctuations and natural factors. Production Issues in Ghana and Ivory Coast lead to decrease in Cocoa production and […]
Summary: The trade war between US and China has dampened soybean (SOYB) demand. Palladium (PALL) prices fall as investors seek safer investments I Know First commodities forecast performance Soybean Prices Plummet; US Farmers Suffer [Source: Pixabay] The trade war between the US and China has placed tremendous pressure on soybean farmers. In July 2018, a […]
Summary: Rallying oil prices drives demand for natural rubber Heavy rain threatens wheat production Wheat Futures Peaked Wheat prices are higher in multiple markets, with short-covering gaining momentum from slow spring wheat planting and potential damage to some of the crops in key production regions as it heads toward maturity. Short-covering are also supportive to […]
Summary: Gasoline (CME_RB1) has seen a price increase of 12.01% over the past month Shanghai Steel Rebar Futures (SHFE_RB2) are up on the rise with a 8.43% increase Brent Crude Futures (ICE_B1) are up on the rise with a 7.72% increase Ending Sanctions Led to Surge in Oil Prices Gasoline (CME_RB1) are up on the […]
Summary: Gasoline Futures (CME_RB1) had a remarkable return over the past month. Platinum (^JPLAT) rose 19.33% over the past month. Zinc price is up due to low inventories. Gasoline Futures Gasoline Futures (CME_RB1) sees a remarkable return of 26.57% over the past month in line with I Know First forecast. The gasoline futures have risen for […]
Summary: Crude Oil Futures (CME_CL1) are on the up with a 3.05% rise. The risks of a crude oil oversupply are less likely. Platinum Continues to See A Remarkable Rise. VanEck Vectors Gold Miners ETF (GDX) sees a 10.83% increase. Crude Oil Futures (CME_CL1) are on the up with a 3.05% rise over the past […]
Summary: Platinum (^JPLAT) sees a remarkable return over the past month with a return of 29.96%. Platinum has consistently risen over the past year with an increase of +86.96% over the last year. A drop in U.S. gasoline stockpiles that was more than double market expectations lifted futures prices for the fuel to their highest […]
Commodity Market Review: Summary: Gasoline (CME_RB1) and Crude Oil (CME_CL1) are both on the rise with increases of 21% and 6.16% respectively over the past 14 days. Platinum and Palladium Dominate the Commodity Exchanges. These commodities have seen a remarkable rise over the past few months and do not seem to be slowing down. Source: […]
Commodities Market Review: Strengthening Auto Industry Sends Platinum Higher On February 15th, the price of Platinum hovered around 785 U.S. dollars per ounce. Over the past week, the price has steadily risen to over 850 dollars per ounce. Platinum is a precious metal that is commonly used for expensive jewelry, although it has other applications […]
Commodity Market Review: Summary: Gasoline prices are rising again this time hitting consumers at the pumps too. Brent Crude Oil (ICE_B1) futures rise +7.71% over the weekend. Platinum (^JPLAT) has continued to rise for a month straight now with a 26.17% increase over the past month. Source: GoodFreePhotos Gasoline futures (CME_RB1) rise 10.83% over the […]
