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Precious Metals and Commodities Weekly (Video)

Our weekly wandering through the precious metals and commodities CFD’s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis.

Post-Friday’s non-farm payrolls the markets had been somewhat muted with the U.S. on holiday yesterday.

The softs remain becalmed this week although speculators have returned to short positions according to the Commitment of Traders Report.

Things are somewhat more frisky on precious metals with Gold and Silver rallying on geopolitical tensions. The question being once the noise dies down will they remain bid?

Oil has had a rough few days as short-term long speculators continue to get squeezed lower. Brent, in particular, is showing signs of life as OPEC starts making production cut extension noises ahead of their November 30th meeting.

Gold 0:00:00, Silver 00:03:20, Platinum 00:05:30, Palladium 00:07:00, Copper 00:08:50, Natural Gas 00:10:35, Brent Oil 00:11:45, WTI Oil 00:14:55, Sugar 00:16:30, Soybeans 00:18:35, Corn 00:20:05, Wheat 00:21:20

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.

Jeffrey Halley

Jeffrey Halley [4]

Senior Market Analyst, Asia Pacific
With more than 30 years of FX experience – from spot/margin trading and NDFs through to currency options and futures – Jeffrey Halley is OANDA’s senior market analyst for Asia Pacific, responsible for providing timely and relevant macro analysis covering a wide range of asset classes. He has previously worked with leading institutions such as Saxo Capital Markets, DynexCorp Currency Portfolio Management, IG, IFX, Fimat Internationale Banque, HSBC and Barclays. A highly sought-after analyst, Jeffrey has appeared on a wide range of global news channels including Bloomberg, BBC, Reuters, CNBC, MSN, Sky TV, Channel News Asia as well as in leading print publications including the New York Times and The Wall Street Journal, among others. He was born in New Zealand and holds an MBA from the Cass Business School.
Jeffrey Halley
Jeffrey Halley

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