We have already said that negative GOFO (gold forward offer rate) means backwardation in gold. What causes the backwardation and what does it imply for the gold market? Before we answer these ...

Backwardation of commodities hit the steepest level in nearly 15 years this week, driven by a worldwide shortage of raw materials. Massive stimulus, low-interest rates, and the light at the end of the ...

Back To Backwardation for Crude? One quick look at the Crude oil market over the past five years – it’s easy to see the development of a $8-dollar range that’s made it tough for most energy traders ...

HRC prices saw a substantial rise in late 2023, but recent data suggests a potential slowdown or peak in the upward trend, marked by the first week-over-week price decrease since September. The market ...

Over the last few weeks, there have been a lot of articles on the Internet about backwardation, i.e., when the price of commodities for delivery today is higher than the price of commodities for ...

The current combination of steeply backwardated crude oil markets and historically low volatility is creating a tough environment for producers who need to lock in forward prices to satisfy their ...

I warn the world again that the futures market would not go to backwardation in gold if the house of paper money were not on fire. There is just no prima facie reason for a shortage in physical gold.

Volatility slapped markets in the face on Monday, surging 50% in its biggest one-day move since February 2007. Furthermore, the whole VIX futures curve has been inverted and is in backwardation, ...

July 29, 2013 - In an interview on July 8th in King World News I noted how gold that day had slipped into backwardation. Since then I have read a lot of commentary on various websites about ...