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Commodities
Oil Rises ahead of Laura, Gold Slumps
US stocks and European equities opened higher after both US and Chinese trade negotiators met.
Traders getting ready for the week of Dollar weakness
Traders getting ready for the week of Dollar weakness
This week, the US and the world economies are going to face a most crucial event. On August 27, the Jackson…
Return of Storms Barely Move Oil Prices
While the oil industry starts to make past the pandemic-induced sluggish demand in recent weeks, another crippling situation appears.
Oil Prices Up, Storms Hit Gulf of Mexico
Crude oil prices were up on Monday as storms closed in on the Gulf of Mexico.
The price of gold still has a long way to go
The price of gold still has a long way to go
At the end of July, gold broke its record in 2011 and exceeded those highs, trading above $2,000 an ounce. However,…
The gold market awaiting the publication of the Fed
The gold market awaiting the publication from the Fed
One of the factors influencing the evolution of gold prices the most is the state of interest rates. Every…
Refineries continue to close amid declining oil demand
Refineries continue to close amid declining oil demand
The coronavirus epidemic continues to affect refinery profit margins. As a result, several refineries and…
The palladium market supply will balance in 2020
The palladium market supply will balance in 2020
After several consecutive years of a supply deficit, the palladium market is likely to end this year with a…
Expectations increase in the corn market
Expectations increase in the corn market
Last week, the United States Department of Agriculture, the USDA, released its new monthly report on the supply and demand…
US officials seized four Iranian gas tankers
US Officials Seized Four Iranian Gas Tankers
According to the Wall Street Journal reports, Iranian tankers have been stranded offshore in recent days and are now…
What fear drives Hong Kong’s rich to secure gold now?
What fear drives Hong Kong's rich to secure gold now?
Hong Kong's so-called wealthy draw increasing amounts of their gold holdings both privately held and reserved…
Treasure Hunters Find More Than 1,000 Silver Coins
Treasure Hunters Find More Than 1,000 Silver Coins in England
Luke Mahoney, a resident of the English county of Suffolk, in the United Kingdom, recently…
Oil rises on prospects of a full rebound in Asian demand
Oil rises on prospects of a full rebound in Asian demand
For the first time in three days, crude oil futures faced gains. It followed Saudi Aramco's statement…
The Market is Stunned by a Record Rise in Gold Prices
The Market is Stunned by a Record Rise in Gold Prices
The rate at which gold has broken above $2,050 an ounce last week has put some market participants out of the…
Oil Prices Drop Further On Uncertainty Over COVID-19
Oil Prices Drop Further On Uncertainty Over COVID-19
Oil prices decreased on Friday morning in Asia. It was because the most significant oil-producing…
Silver Prices Increased by 10% in Only 3 Days
Silver Prices Increased by 10% in Only 3 Days
Gold and silver gained value in yesterday's trading session, in line with a strong global rally in precious metals.…
Copper Futures Drop on Weak Demand
Copper Futures Drop on Weak Demand
Copper prices dropped on Wednesday after multi-year highs the commodity reached in value last month. Rising production…
Goldman Sachs Warns that Gold Will Reach $2,300 in 2021
Goldman Sachs Warns that Gold Will Reach $2,300 in 2021
Goldman Sachs expects gold to jump nearly 20% from its record level to hit $2,300 in the next 12…
Iraq’s Invasion of Kuwait Still Bothers the Region
Iraq's Invasion of Kuwait Still Bothers the Region
On August 2, 1990, the Iraqi army, received a command by the President of Iraq to cross the border into Kuwait.…
Gold and silver at record prices
Gold and silver at record prices
Amid the uncertainty over the recovery of economies around the world, investors are increasingly looking to precious metals as…