Commodities

01/10/2024

Iran Launches Missile Strikes on Israel in Retaliation, Causing Surge in Oil and Gold Prices

Iran Launches Missile Strikes on Israel in Retaliation, Causing Surge in Oil and Gold Prices CNN-On Tuesday, Iran launched dozens of missiles toward Israel, which Iranian […]
24/06/2024
Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms The price of gold is holding firm above $2,300, rebounding from $2,315 as the US […]
25/04/2024
Gold Prices Near $2,300 Breakdown Amid Ongoing Interest Rate Concerns

Gold Prices Near $2,300 Breakdown Amid Ongoing Interest Rate Concerns

Gold Prices Near Key Support Level as U.S. Rate Outlook Dampens Safe Haven Appeal In Thursday’s Asian trading session, gold prices edged closer to dipping below […]
19/04/2024
Gold Prices Soar Amid Economic Uncertainty, But a Downturn Looms

Gold Prices Soar Amid Economic Uncertainty, But a Downturn Looms

Gold has soared to record heights driven by geopolitical unrest, a declining dollar, and low real yields. However, the recent shift in rate cut expectations could […]
18/04/2024
Decline in China's Gallium and Germanium Exports as Restrictions Tighten

Decline in China’s Gallium and Germanium Exports as Restrictions Tighten

BEIJING – Recent customs data reveal a notable decline in China’s export volumes of gallium and germanium in March, a shift influenced by stringent export controls […]
13/04/2024
"Morgan Stanley's Predicted Iron Ore Price Outlook for 2024"

“Morgan Stanley’s Predicted Iron Ore Price Outlook for 2024”

“Morgan Stanley released its new iron ore price forecast where the firm’s strategists highlighted they are targeting $120/t in Q3 in an aim for a return […]
11/04/2024
Brent hovers around $90 as inflation concerns offset Middle East tensions

Brent hovers around $90 as inflation concerns offset Middle East tensions

London, Reuters – Amidst Fluctuating Oil Prices, Global Markets Watch as Brent Crude Navigates Economic Uncertainties As of Thursday, global benchmark Brent crude teetered around the […]
06/04/2024
Gold prices fall from record highs; technical signs flash overbought

Gold Prices Retreat from Record Highs; Technical Indicators Signal Overbought Conditions

Gold prices dipped in Asian trading on Friday, stepping back from recent record highs in anticipation of crucial U.S. labor data that could influence interest rate […]
06/04/2024
Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

HOUSTON (Reuters) – The Brent and U.S. West Texas Intermediate crude oil benchmarks surged by more than $1 a barrel during trading on Friday as markets […]
01/04/2024
US futures rise at start of Q2, fresh record for gold- what's moving markets

US futures rise at start of Q2, fresh record for gold- what’s moving markets

U.S. futures signaled a positive start on Wall Street as the second quarter commenced, with gold prices surging to a new record amidst expectations for Federal […]
28/03/2024
Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices stabilized in Asian trading on Thursday, hovering near a record high as traders invested in the precious metal ahead of further cues on U.S. […]
24/03/2024
German wind power sector welcomes government offshore terminal funding

German wind power sector welcomes government offshore terminal funding

FRANKFURT (Reuters) – The German Offshore Wind Energy Foundation emphasized the significance of the government’s decision to provide financial support for the expansion of an offshore […]
24/03/2024
Gold prices fall further from record highs as dollar reigns after SNB cut

Gold prices fall further from record highs as dollar reigns after SNB cut

Gold prices dipped in Asian trading on Friday, stepping back from recent record highs amidst a notable surge in the dollar, prompted by an unexpected interest […]
24/03/2024
A year after Iraq-Turkey pipeline halt, no progress to resume flows

A year after Iraq-Turkey pipeline halt, no progress to resume flows

LONDON (Reuters) – Twelve months post the shutdown of the Iraq-Turkey oil pipeline, the conduit that previously managed approximately 0.5% of the global oil supply remains […]