Commodities News

Soybean prices affected by two sides of news. Investors are waiting for catalysts to break the range.

Gold is trading positive on Monday but the move is limited due to dollar strength. Low trading volume in markets.

Gold closed higher last week as aggressive buyers may have found value inside a longer-term retracement zone at $1280.80 to $1261.70. On Thursday, May 23, financial data released by IHS market showed U.S. manufacturer growth hit a multiyear low in May. This raised concerns about a slowdown in the U.S.

Corn is rallying on the end of the week and it is reaching fresh near 1-year highs. Soybean is also positive, but it remains in range

God and silver are trading in consolidation mode after Thursday’s rally. Be aware of profit taking and rebalancing ahead of the weekend.

Soybean prices turned lower on Thursday as investors were unable to take the unit above the 20-day moving average. Corn is rallying for the ninth day in a row.

Gold is recovering three days of losses as investors are digesting trade war declarations but a firm dollar.

Soybeans are trading higher on Wednesday but most agricultural commodities are on the back foot and posting losses.

Gold and most metals are trading sideways ahead of the FOMC minutes; however, copper and platinum are extending losses big.

Wheat and corn are trading high as investors are betting on a shortage of production in both grains. Hard weather conditions are delaying planting.

Gold and other precious metals are trading down amid firm dollar and risk appetite due to Trump relief on Huawei.

Corn is trading higher for the sixth day in a row with prices reaching nearly one-year highs. Soybeans are pressure to the downside.

Gold, silver, and platinum are trading down on the day despite the risk aversion environment in the market. Dollar strength is the reason.

Crude oil was supported primarily by worries over a possible supply disruption amid physical attacks on Saudi Arabian assets and US-Iran tensions. Natural gas rose as late spring/early summer heat became a new concern. Gold traders were burned by chasing headlines as the dollar regained strength on improving U.S. economic

Soybeans prices are down on Friday due to trade war and profit taking; Sugar is negative big as experts are forecasting another year of surplus.

Gold and other metals are posting losses on Friday but the move is contained by trade war events. Palladium is collapsing to 2-month lows.

Gold and silver are trading weak as the metals couldn’t take profit from the risk aversion environment. Dollar index up for the fourth day.

Gold is trading positive on Wednesday amid risk aversion. Silver and other metals are mixed. The market is waiting for trade war clarifications.

Gold is trading down but in consolidation mode, however, silver and copper are posting gains, but gains will be short-lived.

Gold is trading down but it remains in range, silver and copper are posting big losses. Risk aversion is the topic of the day.