Energy and Grain Prices Spiking Amid War in Ukraine March 4, 2022 There is little doubt that the unfolding geopolitical crisis in Ukraine is contributing to a dramatic increase in energy and agriculture prices (see charts below). The conflict also serves as a multiplying factor for several sector-specific developments in these markets from both the …
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Soybean Oil Prices Resist Falling Soybean Prices January 26, 2021 Over the last ten days, US soybean prices have pulled back sharply as there is increasing concern that South American oversupply will pressure US prices. (Figure 1, black line). However, the soybean oil market has remained strong as the world industrial demand for the soybean …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium December 16, 2020 Gold remains slightly below the previous support of $1850 and silver is holding in a $22.5 – $25 channel. The Federal Reserve press release at 2PM and the following news conference at 2:30PM may provide sufficient impetus to move gold and silver in the coming …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium December 2, 2020 Gold remains slightly below and silver above the support lines identified in last week’s report, which are $1850 and $23, respectively. As is often the case, the gold support line may now act as resistance holding gold below $1850 for the near term unless there …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium November 25, 2020 Both gold and silver are being pressured downward with gold breaking below support at $1850 and silver testing support around $23. Some of the pressures are: the Presidential election is over and a winner chosen; the House and Senate both moving more center; multiple …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium November 18, 2020 Gold and silver price movements were more subdued this week with the front month contract for gold up 0.49% and silver up 0.77% at the close of trading yesterday, with respect to the close on November 10th, 2020. The ratio of the month 1 Gold …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium November 4, 2020 Prices for precious metals are volatile today as there is currently no clear winner after the US presidential election yesterday. As estimates stand at the time of this writing, Biden will have between 270-306 electoral votes and will win the presidency. A scenario of …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium October 28, 2020 Prices for precious metals are down today, as partial lockdowns are implemented in Europe and record cases of Covid-19 are reported in the US and Europe. Demand for ICU beds is rising which exacerbates the fear that a second wave is taking hold in …
Mid-Week, Weekly Review of Gold, Silver and Palladium October 28 2020 Leia mais »
Mid-Week, Weekly Review of Gold, Silver, and Palladium October 15, 2020 The front month contracts for gold and silver were mixed from the close on October 6, 2020, with gold down 0.66% and silver up 0.90% (red arrow identifies close on the 6th). The ratio of the month 1 Gold contract to the month 1 Silver …
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Mid-Week, Weekly Review of Gold, Silver, and Palladium September 30, 2020 The front month contracts for gold and silver are down from the close on September 22, 2020, 0.23% and 0.25%, respectively. The ratio of the 1-month Gold contract to the 1-month Silver contract (Figure 1) is essentially unchanged compared to last week. With the …
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