Latest commodities news and market analysis
China's central bank continued to expand its gold holdings in August, marking the 22nd consecutive month of purchases.
This week features significant economic data, including Japan's GDP, Australia's consumer sentiment, and crucial US inflation figures.
European stock markets began the week with a subdued tone, influenced by rising crude oil prices and expectations of tighter monetary policy
The Indian Rupee advanced against the US Dollar early this week, demonstrating strength despite rising crude oil prices and hawkish Fed expe
US financial markets are closed for Labor Day, leading to reduced liquidity and potentially amplified price movements in global trading.
Gold prices maintained levels above $4,400 on Monday, influenced by a robust US dollar and ongoing geopolitical uncertainties.
Crude oil prices show resilience, supported by ongoing concerns regarding Middle East shipping lanes and supply stability.
Recent gold reserve movements by European central banks, coupled with Norway's fund adjustments, signal a broader diversification trend.
Silver prices showed minor recovery during Asian trading, holding above $66.00 an ounce as market participants weighed future Fed rate hikes
Anticipated shifts in interest rates and bond yields significantly influence various financial markets, including stocks and gold.
Asian stock markets advanced significantly, driven by optimism surrounding artificial intelligence demand, with the Korean won reaching a mu
OPEC+ decided to keep its current oil production levels for October, pending new quota agreements among member nations.
Independent data indicates a significant drop in commodity vessel transits through the Strait of Hormuz, reaching a multi-month low.
Goldman Sachs suggests upcoming inflation figures, rather than recent jobs data, will be the primary determinant for the Federal Reserve's S
Hedge funds increased their bullish positions in crude oil and refined products, with a notable surge in diesel bets.
OPEC+ decided to keep oil production quotas unchanged for October, a move largely anticipated by the market.
Iran is reportedly planning a restricted shipping zone in the Strait of Hormuz, potentially impacting global oil transit and insurance costs
A recent study indicates the gold-silver ratio remains a valuable technical indicator for forecasting silver market movements, despite some
CFTC data for the week ending September 1 indicates a general retreat in speculative positioning, with oil as a notable exception.
Crude oil futures gained today following reports of ballistic missile activity in Iran, contributing to broader market volatility.
Gold experienced significant volatility this week, recovering earlier losses as market sentiment around the Federal Reserve's rate decisions
The US dollar exhibits mixed performance against major currencies, with EURUSD, USDJPY, and GBPUSD trading in constrained ranges as markets
Silver prices show marginal losses on Friday, trading cautiously as market participants await the crucial US Nonfarm Payrolls data.
Eurozone retail sales saw a monthly decrease in July, indicating a softening of consumer demand, while financial markets remained subdued.