Finance

Weekly commodity wrap-up

Gold bugs big day The front month gold future contract reached $2,300 per ounce this week. A new all-time high and a gain of 11%…





Weekly commodity wrap-up

Cocoa can’t stop, won’t stop May cocoa futures traded as high as $8,900 per metric ton this week, which is more than double the value…


Weekly commodity wrap-up

Interest rate cut parties postponed The March Consumer Price Index report covering the month of February was released this week. Core CPI was up 0.4%…



Weekly commodity wrap-up

Commodity boom It has been a strong two weeks — two months for most commodity futures that are actively traded. Gold led the precious metal band…



Weekly commodity wrap-up

No fear for record fund grain shorts The Commitment of Traders report from Feb. 23 revealed that managed money was short 340,732 contracts of corn….