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 try to recover from six-month trough
2023-12-07 13:55PM UTC
Global oil prices rose on Thursday for the first time in six days away from six-month lows as the dollar slows down.
Concerns about US oversupply were assuaged, after a surprise drop in US ...
Gold keeps rising as dollar loses steam
2023-12-07 08:26AM UTC
Gold prices rose in European trade on Thursday for another session as the dollar slowed down against major rivals.
Markets expect the Federal Reserve to cut interest rates in March, ...
Nickel climbs as dollar loses ground while markets assess Chinese data
2023-12-06 15:29PM UTC
Nickel prices rose on Wednesday as the dollar loses ground against major rivals while markets assess the impact of Chinese data.
Recently, an agreement was reached between global mine ...
Gold resumes gains ahead of US jobs data
2023-12-06 08:51AM UTC
Gold prices rose in European trade on Wednesday, resuming gains after two days of losses away from recent record highs, with the dollar tapering off today.
Now investors await important US ...
Gold resumes gains as US treasury yields decline
2023-12-05 08:55AM UTC
Gold prices rose in European trade on Tuesday, resuming gains and moving off recent record highs as US treasury yields lost ground.
Recent cautious remarks by Fed Chair Jerome Powell, and ...
Gold gives up record high as dollar strengthens
2023-12-04 17:26PM UTC
Gold prices fell on Monday as the dollar index rose against most major rivals, moving away from record highs scaled earlier in the session.
Later this week, the all-important US ...
Copper loses over 2% as dollar edges up, while Chinese concerns resurface
2023-12-04 16:51PM UTC
Copper prices fell on Monday as the dollar rose against a basket of major rivals, amid growing concerns about increasing inventories at the London Metals Exchange.
Copper standard ...
Gold surpasses $2100, scales record high
2023-12-04 09:44AM UTC
Gold prices rose in European trade on Monday, extending gains for a second session and passing $2100 an ounce, hitting a record high on strong prospects of early interest rate cuts by the Federal ...
Palladium declines 2% as dollar declines
2023-12-01 18:00PM UTC
Palladium prices fell on Friday as dollar lost ground against major rivals amid concerns about demand on industrial metals next year.
A Caixin survey in China showed factory activities grew ...
Gold on track for fresh weekly profit ahead of Powell remarks
2023-12-01 06:59AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching 6-1/5 month highs again, while heading for the third weekly profit in a row as the dollar loses ground.
The ...