Latest commodities news and market analysis
Gold prices in the Philippines displayed little movement on Monday, reflecting a generally steady trend in the local market.
Gold prices in the United Arab Emirates saw minimal movement on Monday, reflecting a steady trend influenced by broader market factors.
Oil prices advanced following reports of incidents in the Strait of Hormuz, potentially impacting Asian currencies and market sentiment.
A recent MUFG analysis indicates that an oil price rebound, driven by Middle East tensions, is exerting pressure on Asian currencies.
Crude oil prices saw a significant gap higher as escalating Middle East tensions prompted market participants to reassess regional risk.
Iran claims two tankers were damaged by mines in the Strait of Hormuz, intensifying concerns over vital oil shipping lanes.
China's central bank held its benchmark loan prime rates steady for the 14th consecutive month, impacting lending costs.
USD/JPY approaches a critical threshold, raising speculation of potential Japanese Ministry of Finance intervention during a holiday-reduced
Reduced vessel traffic through the Strait of Hormuz suggests ongoing Middle East tensions are impacting global oil and gas flows.
Goldman Sachs suggests China's actual gold accumulation could be significantly higher than official reports, driven by central bank demand.
Escalating geopolitical tensions in the Middle East are prompting a risk-off response, bolstering both crude oil prices and the US dollar.
Crude oil futures saw a notable increase as market participants reacted to reports of escalating geopolitical risks in the Middle East.
Escalating US-Iran exchanges following recent fatalities are maintaining a geopolitical risk premium in crude oil markets, with traders moni
Silver recorded a modest recovery on Friday, though it remained on track for a significant weekly decline following a new year-to-date low.
US equities closed lower as investor anxieties about AI technology's future and varied economic indicators weighed on sentiment.
A Goldman Sachs index tracking retail investor favorite stocks is on track for its sharpest monthly drop since April 2022, down 12% so far.
Non-commercial net long positions in crude oil, as reported by the CFTC, decreased from 75.7K to 62.7K.
Net non-commercial positions in gold, as reported by the CFTC, decreased from $194.2K to $186.7K in the latest reporting period.
Examining historical technology trends suggests that the primary wealth creators from AI might not be the foundational model developers.
Crude oil prices advanced significantly following reports of an incident in the Strait of Hormuz and record-high refining margins.
The latest Baker Hughes report indicates an increase in active US oil rigs, coinciding with a notable rise in crude oil prices.
The Euro maintained a steady position against the US Dollar on Friday as market participants evaluated central bank interest rate trajectori
The British Pound weakened for a second consecutive day against the US Dollar, influenced by increasing oil prices and renewed inflation fea
West Texas Intermediate crude oil prices advanced significantly, driven by escalating geopolitical tensions in the Middle East.