There are some similarities between gold price action in 2008 and now and Barclays Capital sees enough positive drivers to suggest further gains in the metal’s price are likely.
Activity was brisk but the spot market thin as ups and downs in the week saw the uranium price unchanged.
A glance through the latest expert views and predictions about commodities with updates on iron ore gives recent price weakness, why met coal won’t fall as far and the importance of Chinese production in balancing metal markets.
Industry consultant MEPS suggests a stronger US dollar has been impacting on global steel prices.
Jonathan Barratt of Barratt’s Bulletin examines the grains complex and upside pressure that is potentially building.
A glance through the latest expert views and predictions about commodities with a range of updates on the oil market, Macquarie expecting stable thermal coal prices and NAB updating on base metals.
While supply side issues continue to impact on copper, opinions are divided as to whether or not the market will be in surplus or deficit in 2012.
Investment U suggests investors should keep an eye on the rare earth market as prices may be approaching a bottom.
Buyers were few in the spot uranium market last week as implications of corporate deals were considered. Spot price slips.
Forex.com’s Kathleen Brooks offers a ‘fundamental’ outlook on the price of crude oil.