Forecasts & Analysis | Commodities
The Markets Today: Walmart’s Quarterly Revenue Up 6% Amid Holiday Shopping
Walmart’s quarterly revenue rose 6%, boosted by robust holiday spending and increased global e-commerce sales.
Silver Prices Forecast: Stability Ahead of Fed Meeting Minutes
Silver market stays stable amidst a stronger dollar and higher Treasury yields, with focus on Fed’s minutes for future price direction.
Gold Prices Forecast: Steady as Traders Eye FOMC Minutes for Clues
Amid stronger dollar and higher yields, gold (XAU/USD) prices hold steady as investors eagerly await Federal Reserve’s meeting minutes insights.
Oil Prices Forecast: Stable Amid Middle East Tensions, China’s Demand Rebound
Oil prices exhibit steadiness against backdrop of Middle East unrest and China’s market recovery.
Silver Price Forecast: Eyeing Eight-Week Highs
Silver is testing a resistance zone, aiming for a breakout that could lead to higher prices. Last week completed a third test of support around the 21.93 price zone.
Natural Gas Price Forecast: Natural Gas Seeks Support Amid Steep Declines
Natural gas started the week with a gap down, falling to a trend low of 1.52 before finding support and bouncing. Today’s low is a 46-month low, nearing a 28-year low of 1.25.
Commodity Traders Look To Fed As Inflation Surprises To The Upside
The Fed kept rates on hold at the current range of 5.25% to 5.5% last month and reiterated that policymakers expect to cut rates at least three times this year.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Houthis Attack UK-Registered Ship
Oil markets are moving higher as traders focus on rising tensions in the Middle East.
Gold, Silver, Platinum Forecasts – Gold Gains Ground Despite Pullback In Precious Metals Markets
Demand for safe-haven assets stays strong amid rising geopolitical tensions, which is bullish for gold.
Natural Gas Prices Forecast: How Will Industry Adjust to Market Glut?
US natural gas prices hit a 30-year low due to mild winter, El Niño, and surplus, prompting industry cutbacks and efficiency focus.