UBS sees total returns of ~10% for commodity indexes over the next 6-12 months

UBS sees total returns of around 10% for broad commodity indexes over the next 6-12 months. Brokerage says recovery in global industrial activity, prospect of lower interest rates will push prices higher. UBS sees scope for gold prices to rise further, with a December price target of $2,500/oz.

Commodity Roundup: Gold snaps 5-week winning run, Brent hovers near $90/bbl

Gold snaps 5-week winning run, Brent hovers near $90/bbl. Oil benchmarks ticked up on the day, with Brent up more than 2% for the week. US economic growth slowed more than expected in the first quarter. Exxon Mobil and Chevron report first-quarter earnings on Friday.

Wheat futures gain amid dry weather, Black Sea supply concerns

Wheat futures rise amid dry weather concerns in the U.S. And Russia, Black Sea supply concerns. Winter wheat futures hit two-month highs on Wednesday, but fell -2.64% on Thursday. USDA says 50% of winter wheat in good to excellent condition, down from 50% last week.

Commodity Roundup: Oil, gold firm ahead of U.S. GDP data, natgas down

Oil prices rise on fears of a wider conflict in the Middle East. Israel said it plans assault on Hamas hold-outs in Rafah. Brent crude futures rise 0.15% to $88.03 a barrel. Spot gold trading higher ahead of U.S. GDP data, natgas down.

Commodity Roundup: Oil prices ease; LNG supply risks remain high, ANZ says

Commodities Energy Commodity Roundup: Oil prices ease; LNG supply risks remain high, ANZ says. Subdued demand has eased concerns about supply shortages in global gas markets. Significant risks to supply still remain due to the ongoing conflict in Ukraine and the Middle East. European natural gas futures eased after rising from a two-week low. Crude oil prices ticked lower despite surprise drop in crude stockpiles.

Commodity Roundup: Gold, silver suffer aggressive, but 'healthy' correction - Saxo Bank

Weekly Report: what happened at CORN last week (0415-0419)?

Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease

Commodities Energy Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease. Crude oil prices fell more than 2% on Monday as Middle East tensions eased. Brent futures fell 0.58% to $86.58 a barrel. Gold prices retreated as well, registering a third consecutive weekly loss.

Is Corn a Good Long-Term Investment?

The National Corn Index (national average cash price) is low, but not dramatically so. December corn futures are also in a long-term downtrend that is approaching two years. The Teucrium CORN ETF has lost 30% of its value since the end of May 2022. The fundamentals of cash corn are neutral-to-bullish. Corn is an investment opportunity in three different areas.

Vietnam's coffee drought, U.S. grain belt weather, and Argentina's corn disease issues

Weather has been a huge factor in markets such as cocoa and coffee which are having parabolic price moves. Jim Roemer is a meteorologist and Commodity Trading Advisor. He owns Best Weather Inc. And Climate Predict. The Weather Wealth newsletter is published every Friday evening.

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Commodity Roundup: Oil erases early gains, gold volatile after Israel’s strike on Iran

Signs Of Life In Global Resources

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Commodity Roundup: Natural gas rises ahead of inventory data, oil extends losses

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Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat

Commodities Energy Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat. Gold prices clocked another record-high settlement of $2,383/oz on Monday. Citi expects gold prices to hit a record high over the next 6–18 months.

Weekly Report: what happened at CORN last week (0408-0412)?

Commodity Roundup: Israel-Iran conflict adds to gold's safe-haven appeal

Gold prices hit a record high of $2,431.29 per ounce on Monday. Tensions in the Middle East add to safe-haven demand for gold. London Metal Exchange bans delivery of new Russian metal. Brent crude oil prices fall more than 1% to below $90 a barrel.

Commodity Roundup: Gold clinches record high again, set for fourth-weekly rise

Gold clinches record high again, set for fourth-weekly rise. Spot gold climbs to a record of $2,400.73 an ounce. Crude oil prices were trading higher, but are on track to break a streak of four-straight weekly gains. OPEC cut its demand growth forecast for 2024 and 2025.