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.
 

Gold closes lower on stronger dollar and Powell's remarks

2021-03-04 20:04:30 GMT (Economies.com)
Gold prices fell during trading today, Thursday, amid the rise of the dollar against most of the major currencies, as well as the issuance of statements by Federal Reserve Chairman, "Jerome ...

Oil jumps over 5% to nearly 2-year high after OPEC+ decision

2021-03-04 17:38:13 GMT (Economies.com)
Oil prices rose on Thursday, lifted by the OPEC-Plus decision, which pushed oil to its highest levels since April 2019.   OPEC and independent producers to keep the current oil production ...

Oil turns higher ahead of OPEC-Plus meeting

2021-03-04 13:25:51 GMT (Economies.com)
Oil prices turned higher as the US market opened on Thursday, to extend gains for the second straight day ahead of the the OPEC-Plus Ministerial Committee monthly meeting, to decide production levels ...

Gold holds above $1,700/barrier ahead of Jerome Powell's statements

2021-03-04 11:32:24 GMT (Economies.com)
Gold prices rose on Thursday, to consolidate above the $1,700/ounce psychological threshold, within recovery from a 9-month low, after a drop in the yield of US 10-year Treasury bonds, ahead of the ...

Oil falls ahead of OPEC-Plus meeting

2021-03-04 10:17:00 GMT (Economies.com)
Oil prices fell on Thursday, to resume losses after pausing yesterday ahead of the the OPEC-Plus Ministerial Committee monthly meeting, to decide production levels during April.   US crude ...

Silver closes nearly 2% lower

2021-03-03 20:51:46 GMT (Economies.com)
Silver prices fell on Wednesday, as the US dollar steadied against most major currencies, while the US Treasury bonds returned to rise, which weighs down on commodities and stocks.   The yield ...

Gold closes at 9-month low

2021-03-03 19:21:14 GMT (Economies.com)
Gold prices fell on Wednesday, as the US dollar rose against most of its peers, while the US Treasury bonds yield rebounded despite the release of weak economic data.   The yield of the US ...

Oil extends gains, shrugs off big jump in US crude inventories

2021-03-03 17:27:05 GMT (Economies.com)
Oil prices rose on Wednesday, to extend their gains despite a big jump in the US crude inventories.   The US Energy Information Administration revealed today that the country's crude ...

Oil rises ahead of EIA weekly report

2021-03-03 13:26:21 GMT (Economies.com)
Oil prices continued to rise as the US market opened on Wednesday, to resume gains after a 3-day losing streak, and rebounded from a 1-week low, thanks to hopes about the recovery in global demand as ...

Gold dives near 9-month low on rising US bond yields

2021-03-03 11:33:04 GMT (Economies.com)
Gold prices fell on Wednesday, to dive near a 9-month low once again, due to rising US dollar and the high yield of the US 10-year Treasury bonds.   Gold prices fell 0.8% to $1,724.05 an ...

Oil rebounds from one-week low

2021-03-03 10:21:19 GMT (Economies.com)
Oil prices rose on Wednesday, for the first time in 4 days and rebounded from a 1-week low, thanks to hopes about the recovery in global demand as Covid-19 vaccination accelerates around the world, ...

Silver closes higher for second straight day

2021-03-02 21:20:30 GMT (Economies.com)
Silver prices rose on Tuesday, for the second straight day, as the US dollar fell against most of its peers.   The US House of Representatives passed earlier this week President Joe Biden's ...

Gold closes higher as dollar and stocks slide

2021-03-02 19:50:56 GMT (Economies.com)
Gold prices rose on Tuesday, as the US dollar fell against most of its peers and amid pressure on stock markets.   The US House of Representatives passed earlier this week President Joe ...

Oil rises ahead of US inventories data, Brent climbs near $64

2021-03-02 18:03:22 GMT (Economies.com)
Oil prices rose on Tuesday, as the US dollar fell against its counterparts, ahead of the US inventories data.   Reuters reported that OPEC expects a drop in global oil inventories by about 400 ...
  Symbol Last Change Chg.%
1.1960
-0.0094
0.7802%
1.3897
-0.0038
0.2727%
Tadawul
9242.28
-68.88
0.74%
25.253
-1.616
6.014%
64.379
2.908
4.731%
66.74
3.12
4.90%
1695.415
-44.415
2.553%
 
 
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