Commodities News
Economies.com provides the latest news and fundamental analysis about Commodities. In this section you may read about all the international economic and political events affecting the commodities rates such as the Precious Metals (Gold, Silver, etc) as well as Crude Oil, Brent Oil, Platinum etc.
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after initial data showed a surprise US inventory drawdown.
Now traders await official US inventory ...
Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important data and corporate earnings results.
Tesla will announce results after the close today, ...
Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching three-week lows as concerns about Middle East supply disruptions fade as Iran-Israel tensions calm ...
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above $2400 once more near record highs amid a new flux of haven demand after Israel attacked Iranian ...
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting geopolitical tensions in the Middle East.
Earlier US data showed unemployment claims ...
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record highs.
The current slowdown in US 10-year treasury yields provided support for ...
Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with investors taking a breath and collecting profits after a string of record highs.
Fed Chair Jerome ...
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, which showed a larger buildup than expected.
The Energy Information Administration ...
Oil prices plumb two-week lows as concerns about Iran-Israel war fade
2024-04-17 15:23PM UTC
Oil prices fell in American trade on Wednesday, extending losses for the second straight day and plumbing two-week lows, with US crude trading below $85 a barrel, while Brent traded below $90 as ...
Will silver outperform gold in 2024 and which is the best platform to trade them?
2024-04-17 14:31PM UTC
Silver Analysis and Silver Price Predictions for 2024 and 2025 Compared to Gold
Silver prices have approached the psychological barrier of $30 per ounce for the first time since 2021, recording a ...