Want To Know Where Gold Prices Are Heading Next? Then Keep An Eye On Oil

Gold, Oil and Inflation

If you want to know where Gold prices are heading next, then just take a look at the bullish trend in Oil prices.

Oil prices started the week on a tear, surging to their highest level since March – in anticipation of higher demand as China – the world’s largest importer of crude began easing coronavirus-related restrictions.

Shanghai, China’s largest city with 26 million people, which has been under lockdown for more than six weeks – announced plans to start reopening on Monday and gradually return to more normal life from June 1.

Expectations are now running high, that the Oil market may see an identical V-shape recovery in demand as seen in 2020 when China ended lockdown. That event triggered an historic bull run taking Oil prices from sub $40 a barrel in April 2020 to a decade high of almost $140 a barrel in April 2022. That’s a whopping gain of more than 450%, in the last two years.

The timing of Shanghai’s reopening comes at a pivotal moment when global Oil inventories are at the lowest since 1987, OPEC+ and U.S shale producers continue to restrain output increases due to rising drilling costs and sanctions threaten to disrupt Russia’s Oil production and exports.

Historically, surging Oil prices usually feed into inflation expectations and boost demand for assets with inflation-hedging capabilities, such as the Precious Metals.

According to a long list of leading Wall Street banks – Oil prices could very easily be trading back above $130 a barrel by summer and then surge towards $150. Once that happens, Gold prices won’t be too far behind.

Gold Price Forecast Video for 18.05.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

A Big Bounce Back In Commodity Prices Is Coming – Are You Ready?

Commodity Markets Fundamental Analysis

Earlier this month, the Federal Reserve wrapped up its highly anticipated May meeting with a 50-basis point increase – the biggest and most aggressive interest rate hike in 22 years in what can only be described as a “belated response” to the fastest rise in inflation seen in over 41-years.

There’s no denying it, that the Fed is caught in a box of its own making because it didn’t move quickly enough on raising rates last year. Now it has to be seen to move aggressively, which ultimately means, Stagflation is now a major risk to the economy, or worst still a recession.

Historically, the Federal Reserve has never been right on monetary policy and has a proven track record of setting the economy up for an even bigger crisis.

Only time will tell if the Fed is right, or on the verge of yet another a major policy error.

However, one thing we do know for certain is that global equity markets tend to get crushed once the Fed begins raising rates. This inversely presents huge bullish tailwinds for the entire commodities sector ranging from the metals, energies to soft commodities – as they are viewed as one of the most reliable hedges against economic risk, inflation and recession.

Looking ahead, more big moves could be on the horizon amid heighten concerns that the Fed won’t be able to deliver a soft economic landing. Fed Chair Jerome Powell will speak on Tuesday and is expected to confirm that the Fed will stick with a half-point interest rate hike in June, July and possibly September.

Elsewhere, Shanghai, which has been under lockdown for more than six weeks will start to reopen on Monday and gradually return to more normal life from June 1.

Expectations running high, that the Oil market may see an identical V-shape recovery in demand as seen in 2020 when China ended lockdown. That event triggered an historic bull run taking Oil prices from sub $40 a barrel in April 2020 to a decade high of $130 a barrel in April 2022 – racking up a phenomenal gain of more than 425%.

Whichever way you look at it, the case for commodities in a well-diversified portfolio has never been more obvious than it is right now!

Week Ahead: Commodity Report Video for 16 – 20 May 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Will A Fed Policy Mistake Lead To Higher Commodity Prices In 2022?

Federal Reserve Rate Hike and Recession

This month, the Federal Reserve wrapped up its highly anticipated May meeting with a 50-basis point increase – the biggest and most aggressive interest rate hike in 22 years in what can only be described as a “belated response” to the fastest rise in inflation seen in over 41-years.

The Federal Reserve, which finds itself caught between a rock and a hard place, got even more bad news on Wednesday: Inflation is still rapidly accelerating in many places with April’s CPI data showing the biggest core increase since 1982.

11 of the last 14 Fed tightening cycles since World War II have been followed by a recession within the next 12 months.

Will the Fed Get it Right This Time?

Only time will tell, however one thing we do know for certain is that Equity markets tend to get crushed once the Fed begins raising rates.

The S&P 500 is now down nearly 22% year to date, and the Nasdaq is faring even worse, plummeting over 29% this year. This inversely presents huge bullish tailwinds for the entire commodities sector ranging from the metals, energies to soft commodities – as they are viewed as one of the most reliable hedges against economic risk, inflation and recession.

Commodity Prices Forecast

After tallying up astronomical double to triple digit gains within the first quarter of 2022 – commodity prices are likely to undergo a much-needed and healthy correction in the short-term as trader’s book profits. Overall, it goes without saying that the fundamental backdrop for entire Commodities sector remains extremely bullish in the long-term.

Commodity Report Video for May 13, 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

What Does The Most Aggressive Tightening Cycle In Decades Mean For Commodity Prices?

Commodity Markets Fundamental Analysis

Central bankers and governments acknowledge that inflationary pressures could persist for years, driven in part by the on-going Russia-Ukraine war, lockdowns in China and soaring energy prices.

In the U.S, inflation is rising at its fastest pace in 41-years. In China and Japan, inflation is shattering records. While in many other economies, including the UK, Canada and Europe inflation is at its highest level in over 30-years and still accelerating.

If inflation continues to surge at the current pace across the world, then we’re only months away from a return to double-digit inflation on the same scale last seen in the 1970s.

To regain credibility, central banks across the world have come under pressure to move more aggressively on rate hikes, which ultimately means, Stagflation is now a major risk to the economy in the second half of the year, or worst still a recession.

Last week, the Federal Reserve executed their biggest interest rate hike in 22 years with a 50-basis point increase.

This is the first time since 2006 that the Fed has implemented rate increases at back-to-back meetings as rapidly surging inflationary pressures and the cost of living crisis continues to worsen.

Elsewhere, The Bank of England also followed in the Fed’s footsteps by raising interest rates to their highest level in 13 years.

Both the Fed and Bank of England have signalled they will follow up with more aggressive hikes of the same size at their upcoming meetings.

Historically, 11 of the last 14 major central bank tightening cycles since World War II have been followed by a recession within the next 12 months.

Will that be the same again this time around?

Only time will tell, however one thing we do know for certain is that global equity markets tend to crash once central banks begins their tightening cycle. This inversely presents huge bullish tailwinds for Commodities as they are viewed as one of the most reliable hedges against economic risk, inflation and recession.

Already within the first 4 month of 2022 – a total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains.

And this is just the beginning!

To quote Goldman Sachs, “they have never seen the Commodities markets this bullish before”.

Commodity Price Forecasts for the Week 9-13 May 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

What Do Rate Hikes Mean For Commodity Prices?

Monetary Policy Impact on Commodities

This is the first time since 2006 that the Fed has implemented rate increases at back-to-back meetings as rapidly surging inflationary pressures continue to become an overriding concern.

Traders now expect the central bank to continue raising rates aggressively with further 50 basis point hikes in the coming months. That has prompted concerns about “stagflation” – a period of high inflation accompanied by a slowdown in economic growth – and eventual recession.

Elsewhere this week, The Bank of England also followed in the Fed’s footsteps by raising interest rates to their highest level in 13 years.

The Bank expects UK inflation to rise above 10% as a result of the Russia-Ukraine war, lockdowns in China and soaring energy prices. It also warned that the economy will slide into recession this year.

As traders very well know – that both scenarios, whether that’s persistent inflation or a recession, ultimately present an extremely bullish backdrop for commodity prices.

So far this year, 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains already – And this is just the beginning!

To quote Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Commodity Price Forecast for 06.05.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Traders Await Fed Rate Decision For Clues On Gold’s Next Big Move – What’s Next?

Central Bank Rate Hikes

Almost seven weeks after the Federal Reserve raised interest rates for the first time in the pandemic era, the central bank is set to hold its third pivotal meeting of the year as monetary policy makers struggle to contain rapidly surging inflation.

The Federal Reserve is expected to raise rates by 50 basis points in what would be the biggest interest hike since 1994. The FOMC is also likely to unveil plans for further ‘aggressive’ rate hikes in the upcoming months – with economists now worried about the prospect of a recession at a time when consumer prices are already rising at their fastest pace in four decades.

The outcome of the Federal Reserve’s monetary policy decision, will inevitably kick-off a snowball effect that in turn lays out path for other central banks across the world to follow.

Next up this week will be The Bank of England, who traders anticipate will lift rates to the highest in 13 years. Elsewhere, the European Central Bank might not be far behind with an announcement of their first rate hike in over a decade.

Gold Price Forecast Video for 04.05.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Commodity Markets Analysis – Can The Fed Fight Inflation Without Causing A Recession?

Commodity Markets Fundamental Analysis

It is becoming more evident, day by day, that Central banks across the world are fighting a losing battle against rapidly surging inflation and no matter what actions they take now, it will be nowhere enough to tame ever-rising inflationary pressures.

Looking back throughout the whole of 2021, Fed Chair Jerome Powell played down the biggest year-on-year rise in inflation seen in more than four decades – characterizing the record spike as “transitory”, which inevitability will always be remembered as the worst inflation call in the history of the Federal Reserve.

Fast forward to today – inflation is running at a 41-year high and still rapidly accelerating.

To regain its credibility, the Fed must now be seen to move more aggressively on rate hikes, which ultimately means, Stagflation is now a major risk to the economy in the second half of the year, or worst still a recession.

As traders very well know – Monetary policy is a blunt instrument, not capable of surgical precision.

There is generally a very narrow path in successfully engineering a slowdown without causing unintended economic damage. Right now, that path looks extraordinarily narrow given just how far the current rate of inflation is away from the Fed’s preferred inflation target of 2%.

Historically, 11 of the last 14 Fed tightening cycles since World War II have been followed by a recession within the next 12 months.

Will the Fed get it right this time?

Only time will tell, however one thing we do know for certain is that Equity markets tends to lose altitude once the Fed begins its tightening cycle. This inversely presents huge bullish tailwinds for the entire commodities sector ranging from the metals, energies to soft commodities – as they are viewed as one of the most reliable hedges against economic risk, inflation and recession.

So far this year, 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains already – And this is just the beginning!

To quote Goldman Sachs, “they have never seen the Commodities markets this bullish before”.

Commodity Price Forecast Video for the Week 2 – 6 May 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Commodity Prices Back On The Rise Ahead of Key Inflation Data – What’s Next?

Commodity Markets Fundamental Analysis

Data released this month, showed Consumer Price Inflation in the U.S soared to a new four-decade high of 8.5% in March – its largest annual increase since December 1981 and a significant jump from the 7.9% Inflation rate reported in February.

After spending the whole of 2021, pushing the narrative that surging inflation was only transitory and nothing to worry about – belatedly now, the Fed has decided to swing into action. At its policy meeting in March, Fed officials announced that they would raise interest rates ‘aggressively’ this year, setting the economy up for one of its steepest tightening cycles in a quarter of a century.

Just how aggressively the Fed will raise rates could ultimately be determined by the central bank’s favourite measure of inflation – Personal Consumption Expenditures (PCE) data, scheduled for release on Friday.

The reading is expected to top forecasts again for another straight month in a row, which could force the Fed to hike rates by 50 to 75 basis points at their next policy meeting in May.

When inflation accelerates at a red-hot pace, so does the prices of Commodities.

So far this year, 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains already – And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Commodity Price Forecast Video for 29.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

All Eyes On Inflation Data For Clues On Gold’s Next Big Move – What’s Next?

Commodity Markets Fundamental Analysis

Data released this month, showed Consumer Price Inflation in the U.S surged to a new four-decade high of 8.5% in March – its largest annual increase since December 1981 and a significant jump from the 7.9% Inflation rate reported in February.

After spending the whole of 2021, pushing the narrative that surging inflation was only transitory and nothing to worry about – belatedly now, the Fed has decided to swing into action. At its policy meeting in March, Fed officials announced that they would raise interest rates ‘aggressively’ this year, setting the economy up for one of its steepest tightening cycles in a quarter of a century.

Just how aggressively the Fed will raise rates could ultimately be determined by the central bank’s favourite measure of inflation – Personal Consumption Expenditures (PCE) data.

The reading is expected to top forecasts again for another straight month in a row, which could force the Fed to hike rates by 50 to 75 basis points at their next policy meeting on May 4-5.

Right now, Gold prices are trading sideways in a tight range, which ultimately indicates a big move is on the horizon. The only question now, is which way.

Gold Price Forecast for 27.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Pullback In Commodity Prices Sets The Stage For Next Big Rally – What’s Next?

Commodity Markets Fundamental Analysis

It is becoming more evident, day by day, that Central banks across the world are fighting a losing battle against red-hot inflation and no matter what actions they take now, it will be nowhere enough to tame ever-rising inflationary pressures.

Looking back throughout the whole of 2021, Fed Chair Jerome Powell played down the biggest year-on-year rise in inflation seen in more than four decades – characterizing the record spike as “transitory”, which inevitability will always be remembered as the worst inflation call in the history of the Federal Reserve.

Fast forward to today – inflation is running at a 41-year high and still rapidly accelerating.

To regain its credibility, the Fed must now be seen to move more aggressively on rate hikes, which ultimately means, Stagflation is now a major risk to the economy in the second half of the year, or worst still a recession.

As traders very well know – Monetary policy is said to be a blunt instrument, not capable of surgical precision.

Historically, 11 of the 14 last Fed tightening cycles since World War II have been followed by a recession within the next 12 months.

Will the Fed get it right this time?

Only time will tell, however one thing we do know for certain is that the U.S dollar and Equity markets tends to lose altitude once the Fed begins its tightening cycle. This inversely presents huge bullish tailwinds for the entire commodities sector ranging from the metals, energies to soft commodities – as they are viewed as one of the most reliable hedges against risk, inflation and economic shock.

Weighing all of these fundamental factors along with the largest war on European soil for almost 80 years and the return of Coronavirus to China – once again threatens global supply chains, amplifying massive upward momentum and adding further fuel to the Supercycle – positioning commodities as one of the most lucrative asset classes of this year, if not this decade.

So far this year, 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains already – And this is just the beginning!

To quote Goldman Sachs, “they have never seen the Commodities markets this bullish before”.

Weekly Commodity Prices Forecast Video 25 – 29 April 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

What Does A Fed-Induced Recession Mean For Commodity Prices?

Commodity Markets Fundamental Analysis

Data released this month, showed U.S Inflation is now running at new four-decade high of 8.5% from a year ago – the largest annual increase since 1981.

After spending the whole of 2021, pushing the narrative that surging inflation was only transitory and nothing to worry about – belatedly now, the Fed has decided to swing into action. At its policy meeting in March, Fed officials announced that they would raise interest rates ‘aggressively’ this year, setting the economy up for one of its steepest tightening cycles in a quarter of a century.

Concerns the Fed will struggle to moderate inflation while simultaneously sustaining an economic expansion have been stoked by the central bank’s spotty record in successfully engineering a slowdown without causing unintended economic damage.

Historically, 11 of the 14 last Fed tightening cycles since World War II have been followed by a recession within the next 12 months.

Will the Fed get it right this time?

Only time will tell, however one thing we do know for certain is that the U.S dollar and Equity markets tends to lose altitude once the Fed begins its tightening cycle. This inversely presents huge bullish tailwinds for the entire commodities sector ranging from the metals, energies to agriculture markets – as they are viewed as one of the most reliable hedges against risk, inflation and economic shock.

According to Goldman Sachs, “they have never seen the commodities markets this bullish before”.

Commodity Prices Forecast for 22.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Traders Assess Fed Policy Dilemma For Clues On Gold Next Big Move – What’s Next?

Precious Metals Fundamental Analysis

Unfortunately, it would seem that this adage is all too applicable to today’s Federal Reserve, who is raising interest rates in a belated response to skyrocketing inflation that a year ago we were told was transitory and nothing to worry about.

Had the Fed learned from the painful inflationary experience of the 1970s, it would not have allowed, as it did over the past two years, for the money supply to balloon out of control and interest rates to become as negative as they are today in inflation-adjusted terms.

Had the Fed learned from the painful 2008 experience with the bursting of the housing and credit bubble, it would not have allowed even greater bubbles to form in the global equity, housing and credit markets. But instead, it engaged in one of the biggest and most unprecedented money printing programs that the world has ever seen.

Fast forward to today, inflation is running at a 41-year high and still accelerating. If inflation continues to surge at the current pace, then we’re only months away from a return to double-digit inflation on the same scale last seen in the 1970s.

With just over a week to go until the next highly-anticipated FOMC policy meeting – the Fed now unenviably faces its biggest dilemma ever. Which is to kick the can further down the road and allow inflation to run its course or go big on interest rate hikes at the risk of a recession.

If history has taught us anything, then the one thing that we do know for certain is both scenarios, whether that’s persistent Inflation or a recession, ultimately present an extremely bullish backdrop for precious metal prices.

Gold Price Forecast Video for 20.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Commodity Prices Set For New Record Highs In Coming Months – What’s Next?

Commodity Markets Fundamental Analysis

Data released last week showed U.S Inflation is now running at new four-decade high of 8.5% from a year ago – the largest annual increase since 1981.

According to economists; if Inflation continues to accelerate at the current pace, then we’re only months away from a return to double-digit inflation on the same scale last seen in the 1970s.

When inflation accelerates at a red-hot pace, so does the prices of Commodities.

So far this year, Oil prices have soared above $130 a barrel to hit their highest level in a decade. While Gold extended its parabolic rally from just under $1,800 an ounce to a high of $2,070 an ounce – just $5 short of an all-time high reached in August 2020.

The bullish momentum has also split over into other commodities with Aluminium, Copper, Lithium Platinum, Palladium, Uranium, Zinc, Coffee, Wheat and Lumber prices blasting through all-time highs.

Last week, U.S Natural Gas prices also joined that list by hitting an all-time high. Natural Gas price have now doubled since January – posting a whopping gain of over 96%, so far this year.

In total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains so far this year… And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Weekly Commodity Prices Forecast Video 18 – 22 April 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

1970s-Style Inflation Is Coming, But What Does That Mean For Gold?

Commodity Markets Fundamental Analysis

Data released this week, showed Consumer Price Inflation in the U.S surged to a new four-decade high of 8.5% in March – its largest annual increase since December 1981 and a significant jump from the 7.9% Inflation rate reported in February.

According to economists; if Inflation continues to accelerate at the current pace, then we’re only months away from a return to double-digit inflation on the same level last seen in the 1970s.

Looking back throughout the whole of 2021, Fed Chair Jerome Powell played down the biggest year-on-year rise in Inflation seen in more than 40-years – characterizing the record spike as “transitory”. This inevitability will always be remembered as the worst inflation call in the history of the Federal Reserve.

Fast forward to today and the Fed now it has to either move more aggressively with hiking interest rates, which could push the economy into a recession or allow Inflation to run its course.

Regardless of the outcome, both scenarios, whether that’s persistent Inflation or a recession, ultimately present an extremely bullish backdrop for precious metal prices.

That leads me onto Gold, which right now is hovering around the $1,970 level.

Interestingly, that’s the same level Gold was at two years ago in April 2020 – just before prices skyrocketed to new all-time highs.

Gold Price Forecast Video for 13.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Commodity Prices Set For Best Quarter On Record – What’s Next?

Commodity Markets Fundamental Analysis

When inflation accelerates at a red-hot pace, so does the prices of Commodities. That’s why it’s no surprise that Commodities are outperforming every other asset class and are firmly on track for their biggest price increase on record in over a century.

Data released last month showed that U.S Inflation is now running at its highest in a generation with Consumer Prices rocketing by a whopping 7.9% from a year ago – the biggest annual gain in over 40 years.

Accelerating Inflation is fuelling an unstoppable Commodity Supercycle sending everything from the metals, energies to agriculture markets rallying to new record highs.

So far this year, Oil prices have soared above $130 a barrel to hit their highest level in a decade. While Gold extended its parabolic rally from just under $1,800 an ounce to a high of $2,070 an ounce – just $5 short of an all-time high reached in August 2020.

The bullish momentum has also split over into other commodities with Aluminium, Copper, Lithium, Platinum, Palladium, Uranium, Zinc, Coffee, Wheat and Lumber prices blasting through all-time highs. While U.S Natural Gas prices have soared to a 13-year high and have now doubled since the start of the year.

In total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical gains so far this year… And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Looking ahead, more big moves could be on the horizon this week as Inflation, once again takes centre stage. The biggest macro event that traders will not want to miss out on is U.S CPI Inflation data. The reading is expected to show a record gain of 8.4% in March, which would be the largest year-over-year jump in consumer inflation since the early 1980s.

Weekly Commodity Price Forecast Video 11 – 15 April 2022

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Commodity Prices Are Breaking Records And Could Be About To Surge Again

Commodity Markets Fundamental Analysis and Price Action

Earlier this week, U.S Natural Gas prices hit a 13-year high of $6.36/Mbtu and have almost doubled the first quarter of 2022. The spectacular surge in prices has prompted traders to increase bullish calls for prices to soar further and hit $10 by summer.

So far this year, U.S Natural gas prices have skyrocketed more than 65% and are on course for their strongest rally since 2009.

The bullish momentum also split over into other commodities with Aluminium, Copper, Lithium, Platinum, Palladium, Uranium, Zinc, Coffee, Wheat and Lumber prices blasting through all-time highs during the same period.

In total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains within the first quarter of 2022… And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Commodity Price Forecast Video for 08.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Gold Prices Take A Breather Ahead of Fed Minutes – What’s Next?

Commodity Markets Fundamental Analysis and Price Action

In March, the U.S Federal Reserve raised interest rates by just a quarter percentage point against a backdrop of the largest war on European soil in almost 80-years and the fastest rise in inflation seen in four decades. Since then, price pressures have only mounted, heightened expectations that the Fed may be forced to hike rates much more aggressively.

At the end of the policy meeting, Fed Chairman Jerome Powell signalled six more rate hikes this year, while also hinted that larger, half a percentage point rate hikes further down the road can’t be ruled out.

Looking ahead, all eyes this week will be on the release of the Federal Reserve’s March Monetary Policy Meeting Minutes.

Traders will be closely monitoring whether the hawkish comments made by some of the Fed officials during the last few weeks match up with the notes from the March Meeting Minutes or completely contradict them.

Right now, Gold prices are trading sideways in a tight range, which ultimately indicates a big move is on the horizon. The only question now, is which way.

Gold Price Forecast Video for 06.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Will Commodities Continue to Outperform in Q2 2022?

Commodity Markets Fundamental Analysis and Price Action

As we head into a fresh month and fresh quarter of 2022 – Rapidly surging global inflation, Rate Hikes and Geopolitical Risk are now emerging as the three major themes dominating and driving the financial markets.

Oil prices soared above $130 a barrel to hit their highest level in a decade. While Gold extended its parabolic rally from just under $1,800 an ounce to a high of $2,070 an ounce – just $5 short of an all-time high reached in August 2020.

The bullish momentum also split over into other commodities with Aluminium, Copper, Lithium, Platinum, Palladium, Uranium, Zinc, Coffee, Wheat and Lumber prices blasting through all-time highs.

Elsewhere, U.S Natural Gas prices have almost doubled this quarter and are on course for their strongest rally since 2009. Meanwhile, European Natural Gas prices have skyrocketed a whopping 90% to post their biggest monthly rise ever.

But the best performing commodity was Nickel.

Nickel prices snatched the headlines this month with a blistering gain of over 250% in a single day to register the biggest one-day move ever seen in the history of the commodities markets.

In total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains within the first quarter of 2022 – And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Commodity Prices Forecast Video for the Week 04.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Precious Metal Prices Post Best Quarter Since 2020 – What’s Next?

Commodity Prices Fundamental Analysis

In total 27 Commodities ranging from the metals, energies to soft commodities have tallied up astronomical double to triple digit gains within the first quarter of 2022… And this is just the beginning!

According to Goldman Sachs “we’re still only at the first inning of a multi-year, potentially decade-long Commodities Supercycle”.

Looking ahead, traders will be closely monitoring Friday’s Key U.S Employment Report for clues on the precious metal markets next big move. This is not only the most highly anticipated economic report of every month, but it’s also a key measure of economic performance and inflation tracked by the Fed – which always has the potential to move the markets significantly.

There will be a huge focus on Friday’s data, especially as the recent uptick in inflation could force the U.S Federal Reserve to raise interest rates more aggressively if needed.

With inflation running at a 40-year high, finding the right balance between stabilizing prices and supporting the economic recovery is one of the biggest challenges facing the Fed right now.

Friday’s U.S jobs report will either make the Fed’s decision on future rate hikes much easier or much more difficult, which ultimately opens the door to new and exciting opportunities ahead.

Commodity Prices Forecast Video for 01.04.22

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

For a look at all of today’s economic events, check out our economic calendar.

Gold Prices Pull Back On End of Quarter Profit Taking – What’s Next?

Gold Fundamental Analysis

Gold has been on an explosive run throughout March, rally from just under $1,800 an ounce to a high of $2,070 an ounce – just $5 short of an all-time high reached in August 2020.

Once again, these big market moves have presented savvy traders with a series of highly lucrative opportunities to profit from the rally as well as the huge price reversal that has subsequently followed.

Looking ahead, the major event that traders will be closely monitoring this week for clues on the precious metals next big move is Friday’s U.S Employment Report. This is not only the most highly anticipated economic report of every month, but it’s also a key measure of economic performance and inflation tracked by the Fed.

There will be a huge focus on Friday’s data, especially as the recent uptick in inflation could force the U.S Federal Reserve to raise interest rates more aggressively if needed.

With inflation running at a 40-year high, finding the right balance between stabilizing prices and supporting the economic recovery is the biggest challenge facing the Fed. Friday’s U.S jobs report will either make the Fed’s decision on decision on future rate hikes much easier or much more difficult, which opens the door to new and exciting opportunities ahead.

Gold Price Forecast Video

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