FlowBank

1220 days ago

Chart of the day: real yields offer a clue to next direction for gold

The sharp drop in gold in November - its worst since 2016 - has seen it move out of lockstep with real yields which look to be swinging back higher after a small correction - source: Crescat Capital. 

#Commodities
Real yields offer a clue to next direction for gold

1222 days ago

Copper is soaring as stockpiles continue to shrink

Copper is soaring, with increasing optimism that a vaccine will spur a global economic recovery from the pandemic. Copper surged to a seven-year high in London as stockpiles continue to shrink - source: Bloomberg

#Commodities
Copper stockpiles

1224 days ago

Gold technicals

Gold momentum has been horrible for months. Gold managed bouncing on the 200 day moving average and the longer term trend. Let's see what's next - source: The Market Ear, Refinitiv 

#Commodities
Gold vs. Trend line

1226 days ago

Crude oil has gained over a 3rd in value in November...

After having been beaten down in the months after the outbreak of the pandemic, the price of oil has surged back this month

#Commodities
Crude oil has gained over a 3rd in value in November...

1226 days ago

Copper just hit a 6-year high! #HG

Dr Copper is showing a healthy outlook for the global economy as it reaches its highest levels since 2014.

#Commodities
Copper just hit a 6-year high! #HG
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