Commodities Market Review: Gold and Other Precious Metals Rise as Investors Prepare for Falling Rates

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 […]

Commodity Market Review: Gasoline futures rose up to 26.57% over the past month.

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 […]

Commodities Market Review: Strengthening Auto Industry Sends Platinum Higher

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: Environmental Concerns A Big Commodity Price Driver

Summary: Platinum (^JPLAT) sees a continued price increases of +17.20% over the past month. Sustainable energy production demands result in increased Uranium demand. Uranium rose by +9.23% over the month period from 6th Jan to 6th Source: Pexels Platinum (^JPLAT) sees a continued price increases of +17.20% over the past month 6th Jan to 6th […]

Commodities Market Review: Crude Oil Prices Surge 6.29% Amid Venezuela Sanctions

Summary: Nickel up 6.62% with global demand growing for Nickel especially in China the market outlook for nickel remains strong. Crude Oil is up 6.29% in 3 days amid worries that supply from Venezuela is only set to further fall. Gold (GDX) is up 4.27% in 3 days from 27th January to 30th Source: Flickr […]

Commodities Market Review: Platinum Jumps 35.05% and Natural Gas Continues to Rise

Summary: Platinum (^JPLAT) rose by 35.50% over the past three months. Natural Gas (CME_NG1) rose by a whopping 49.04% over the past three months. As weather-related natural gas demand increased, relatively low levels of natural gas in storage likely contributed to price increases. Source: Wikimedia In this week’s forecast Platinum (^JPLAT) rose by 35.50% over […]