Daily FNArena News - Commodities

Buyers returned to the spot uranium market last week suggesting the spot price has fallen far enough in the wake of Fukushima.

On Friday, Dennis Gartman shared his valuable market insights with readers of his newsletter. We share some key quotes with you today.

A glance through the latest expert views and predictions about commodities with both NAB and Goldman Sachs revising commodity price forecasts and Macquarie expecting Chinese demand will underpin prices in coming months.

The Chartist suggests this is not a time to remain aggressively positioned for more immediate upside in the crude oil market.

After the panic of March, April has wrapped up with a calm uranium spot market trading on slightly lower prices.

Guest commentator John Browne of Euro Pacific Capital sees scope for gold to continue to gain even if stock markets experience a steep fall.

Industry consultant TradeTech notes spot uranium prices eased slightly last week as sellers lowered prices to close deals.

A glance through the latest expert views and predictions about commodities, with higher coking coal forecasts, investors prefering direct exposure to precious metals and support for copper and uranium prices.

Chinese nickel pig iron may be dominating nickel market sentiment at present but Barclays suggests there are still reasons to maintain a bullish stance on the metal.

A glance through the latest expert views and predictions about commodities with reasons to remain positive on uranium demand, some caution on silver and copper prices and UBS reviewing some forecasts.