Commodities: Gold likes peak rates and is the oil market running out of steam?

Falling bond yields the past week and the market positioning itself for 'peak rates' have seen gold bid. We discuss the different aspect of why gold could extend its momentum and what to look out for. The terrible developments in the Middle East have also pushed the oil market into a more volatile situation but still limited upside from here due to spare production capacity. In natural gas we of course discuss the latest developments including the leak on the Baltic natural gas pipeline, and finally we discuss crops from soybean and wheat that are seeing weak prices due to stronger production from major suppliers, with Peter Garnry and Ole S Hansen. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo