This week we recap precious metals and commodities ahead of the Jackson Hole Symposium.
Notable highlights are Gold testing 1300 while Palladium continues to be the metal that just keeps on giving.
Oil is making a lot of noise, but once the headphones are on, we see that both contracts are ranging. Albeit noisily!
Over in the Soft’s, Russia is giving grains a headache while Brazilian ethanol is taking sugars away.
Gold 0:00:17, Silver 0:04:45, Platinum 0:06:50, Palladium 0:09:20, Copper 0:11:50, Natural Gas 0:13:50, Brent Crude 0:16:30, WTI 0:19:30, Sugar 0:21:25, Corn 0:2:25, Soybeans 0:26:10, Wheat 0:28:20
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.