Commodities News 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.

Silver ends lower, logs weekly losses

2019-10-11 19:18:36 GMT (
Silver prices fell during trading hours today, shrugging off the dollar sharp decline, as demand on precious metals declined in favor of stocks markets.   The US and China announced today that ...

Gold posts lowest finish this month, logs weekly losses

2019-10-11 18:26:36 GMT (
Gold prices fell during trading hours today, to post lowest close month to date, as stocks markets surged amid news of a US-China trade agreement, shrugging off the dollar sharp ...

Soybean futures hold at 3-month peek

2019-10-11 14:20:26 GMT (
Soybean prices rose today to hold above the 3-month peek hit on Thursday, after the release of the US Department of Agriculture's monthly crop report in addition to hopes about the US-China trade ...

Oil maintains gains after the Iranian oil tanker attack

2019-10-11 12:48:13 GMT (
Oil prices maintained gains as the US market opened on Friday, to continue rising for the third straight day to touch a 1-week high, after Iran announced that one of its oil tankers was struck by two ...

Palladium hits record high on US-China trade deal hopes

2019-10-11 12:16:57 GMT (
Palladium prices soared in spot trading today, to extend its gains or th fourth straight day and hit a new all-time peek above $1,700, buoyed by hopes about a potential trade deal between the US and ...

Gold resumes climb on weak dollar

2019-10-11 08:56:58 GMT (
Gold prices rose in the European market on Friday to resume its gains, which were temporarily halted yesterday in a correction from the highest level in a week, trading again above the levels of $ ...

Oil jumps 1.5% after missile attack on Iranian tanker

2019-10-11 08:28:28 GMT (
Oil prices gained more than 1.5% during the European session on Friday, extending gains for the third straight day to touch a 1-week high, after Iran announced that one of its oil tankers was struck ...

Silver sheds more than 1%, gives up previous gains

2019-10-10 19:55:30 GMT (
Silver prices slumped today, surrendering the previous session gains, as market shifted from safe havens to stock markets and high-yielding securities due to improved risk appetite.   The ...

Gold closes lower as stocks rebound, shrugs off weak dollar

2019-10-10 19:12:24 GMT (
Gold prices fell today as market shifted from precious metals and the US dollar to stock markets due to improved risk appetite.   Optimism rose in the market about the new round of the ...

Oil rises, shrugs off OPEC gloomy forecast

2019-10-10 17:11:09 GMT (
Oil prices rose today to shrug off OPEC negative outlook, amid optimism about the US-China trade talks round.    OPEC cut its forecast for global oil demand to 980,000 barrels per day ...

Palladium continues to rise above $1600

2019-10-10 14:29:20 GMT (
Palladium prices soared today buoyed by strong demand on industrial metals after a new round of the US-China trade talks begun.   Officials from China headed by Vice Premier Liu He met with ...

Oil turns higher on trade talks hopes

2019-10-10 12:44:59 GMT (
Oil prices turned up as the US market opened today, after its earlier drop in the European market, to extending gains for the second straight day, on hopes about the US-China trade talks, while these ...

Gold jumps to 1-week high as dollar drops

2019-10-10 11:10:26 GMT (
Gold prices rose to 1-week high during the European session today, extending gains for the third day, as the US dollar dropped against a basket of major currencies, ahead of key inflation data ...

Oil plumbs 1-week low on US oversupply concerns

2019-10-10 09:57:54 GMT (
Oil prices fell as the European market opened today, to resume its slide after it halted yesterday, as the West Texas Intermediate (WTI) slumped to 1-week low on the renewed concerns about the US ...
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