Precious Metals and Commodities Weekly

 

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

 

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Jeffrey Halley

Jeffrey Halley

Senior Market Analyst, Asia Pacific, from 2016 to August 2022
With more than 30 years of FX experience – from spot/margin trading and NDFs through to currency options and futures – Jeffrey Halley was 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 and Channel News Asia as well as in leading print publications such as 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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