This Week’s Splash and Crash of Commodity Prices

Bill Cara for the Trader Wizard Commodity prices, like the metals group, are mostly the product of economic supply and demand factors – longer term. But like all capital markets prices, they are materially affected in the short-term by fear and greed emotions. They are also a reaction to interest rates. This week, we have […]

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Gold and silver bounce back, soybeans soar

CHICAGO (Reuters) – Prices of gold and silver rose Friday, recouping steep losses two days ago fueled by an expected slump in demand from China, while soybeans posted a second day of gains amid continued concerns over supplies. In other commodity markets, crude oil futures ended the day with marginal gains, supported by concerns over […]

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The Power of Uncertainty & Fear

By: Dr. Richard Appel, Financial Insights Gold, silver, gold and silver equities as well as numerous commodities suffered severe losses during the past several days. Gold and silver after posting highs a few short weeks ago of $432 and nearly $8.50 respectively, struck their recent lows of $390 and $5.99. Both the major gold and […]

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Business deals at 95th China Export Commodity Fair hit record

GUANGZHOU, April 30 (Xinhuanet) — Business deals worth 24.51 billion US dollars, a record high, were struck at the 95th China Export Commodity Fair, that drew curtain in Guangzhou, capital of south China’s Guangdong Province, on Friday. Xu Bing, the spokesperson for the fair, said the volume of transactions at the fair went up 19.6 […]

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