Latest commodities news and market analysis
Gold futures are experiencing downward pressure, testing a crucial support area around $4,100 after an unsuccessful attempt to rally earlier
Gold (XAUUSD) shows subdued movement as market participants assess US economic data and potential Federal Reserve interest rate adjustments.
Competition among retail forex brokers in the UK and Australia has largely moved beyond headline spreads to focus on commissions and executi
French manufacturing growth moderated in July, with new orders and production seeing accelerated declines, according to the latest PMI data.
Crude oil futures experienced a decline following reports that the United States and Iran are set to recommence diplomatic discussions.
Recent developments suggest a renewed effort to de-escalate US-Iran tensions, potentially impacting global oil prices.
UBS anticipates gold reaching $5,200 by June 2027, while also flagging a potential short-term decline amidst Federal Reserve rate hike conce
The Canadian dollar edged lower against the US dollar, influenced by falling crude oil prices despite broader US dollar weakness.
A recent Reuters poll indicates the Reserve Bank of India is likely to keep interest rates steady, diverging from global trends.
China's private manufacturing sector expanded for the eighth consecutive month in July, though at a slightly slower pace.
Shipping activity through key oil chokepoints, including the Red Sea and Strait of Hormuz, continues to be substantially depressed.
OPEC+ nations have decided to increase oil production by a limited 188,000 barrels per day for September amidst geopolitical tensions.
Australia's manufacturing sector experienced a slight rebound in July, with production and new orders returning to growth, though cost press
Reports indicate a missile launch in the Strait of Hormuz region, alongside a separate maritime incident near Oman, raising geopolitical con
Crude oil futures saw a significant drop following weekend reports of potential de-escalation between the US and Iran, while stock index fut
OPEC+ confirmed a September production increase, completing the rollback of its 2023 supply cuts, as Iran-US tensions remain a key market fa
Oil prices showed sensitivity to reports of de-escalation between the US and Iran, though official denials introduced market uncertainty.
Recent CFTC data indicates a significant increase in bearish sentiment for the Euro and Japanese Yen, while other asset classes show mixed s
Gold experienced a notable decline on Friday, influenced by a strengthening US Dollar and an uptick in US Treasury yields.
The latest CFTC data shows a substantial rise in non-commercial net long positions for crude oil, indicating increased bullish sentiment.
While inflation is often cited, gold prices are shaped by a complex interplay of economic factors, central bank policies, and market dynamic
The total number of active oil and gas rigs in the United States registered a slight uptick this week, reaching 588 units.
Gold (XAU/USD) traded without a clear direction last week, as a softer US Dollar was counteracted by escalating Middle East conflicts.
Canada's real GDP grew by 0.3% in May, surpassing expectations, with broad-based sector expansion and an early estimate of 0.2% for June.