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.

Gold advances to November 2012 peak, dollar modestly down

2020-04-07 04:34:51 GMT (
Gold futures rose in Asian trade to November 2012 highs as the dollar index backed off March 26 highs, ahead of US labor and consumer data.    As of 04:04 GMT, gold futures due in June ...

Silver jumps nearly 5%, closes above $15 mark

2020-04-06 19:13:14 GMT (
Silver futures surged on Monday, shrugging off the US dollar rise against most of its major peers.   Silver was lifted by strong safe-haven demand amid a bleak outlook for the US economy due ...

Gold closes at highest level since December 2012

2020-04-06 18:26:15 GMT (
Gold futures surged on Monday, lifted by strong safe-haven demand amid dim outlook for the global economy and the US GDP.   The former Chair of the Federal Reserve, Janet Yellen, estimated ...

US crude sheds over 6% after OPEC meeting delayed

2020-04-06 17:36:45 GMT (
Oil prices fell on Monday, to deepen losses due to worries that the OPEC-Plus collation will not reach a production cut agreement, after their meeting was delayed.   CNBC quoted sources that ...

Palladium drops on global demand concerns

2020-04-06 13:45:14 GMT (
Palladium futures slumped on Monday, despite a rebound in demand for industrial metals, as palladium was weighed down by mounting concerns about weak global demand from the automotive ...

Brent plunges over 9% after OPEC-Plus meeting delayed

2020-04-06 13:03:43 GMT (
Brent crude prices continued to drop as the US market opened on Monday, falling more than 9% and and pulled back from 3-week high, on profit-taking and renewed worries over the output cut talks ...

Gold jumps to 2-week high on global recession fears

2020-04-06 10:51:51 GMT (
Gold prices rose on Monday, to extend gains for the fourth straight day and hit a 2-week high, on strong safe-haven demand amid mounting fears over a global recession due to the coronavirus ...

Oil sheds over 8% after OPEC+ meeting delayed

2020-04-06 09:58:10 GMT (
Oil prices slumped more than 8% on Monday, to pullback from several week highs, on profit-taking and renewed worries over the output cut talks between Saudi Arabia and Russia, after OPEC-Plus ...

Gold edges lower as dollar gives up ground

2020-04-06 04:09:37 GMT (
Gold futures tilted lower in Asian trade off March 30 highs as the dollar index backed off March 26 highs as well, amid a lack of data from the US today and as markets continue to monitor the ...

Corn closes at lowest level since September 2016

2020-04-03 22:47:14 GMT (
Corn futures slumped on Friday near 4-year low, after data showed signals about a slowdown in the US ethanol industry demand.   The US demand for gasoline was weighed down by the coronavirus ...

Silver finishes lower, logs weekly loss

2020-04-03 19:35:53 GMT (
Silver futures slumped on Friday, weighed down by the US dollar's rally against most currencies, despite sharp stock losses and the release of weak US jobs report.   The US Department of Labor ...

Gold ends higher after weak US jobs data

2020-04-03 19:10:18 GMT (
Gold futures rose closed higher on Friday, despite the US dollar's rally against most currencies, as investors rushed to gold for safety following the release of weak US jobs report.   The US ...

Oil trims gains, as Brent rises 11%

2020-04-03 17:01:09 GMT (
Oil prices rose on Friday, on news of a potential output cut by the OPEC-Plus coalition, and ahead of the Baker Hughes weekly data.   Bloomberg reported today that the next week's conference ...

Copper drops, but eyes weekly gain

2020-04-03 13:47:04 GMT (
Copper futures fell on Friday, weighed down by the dollar's rally against most currencies, and the release of a disappointing monthly jobs report, which sparkred investors' fears about the US economy ...
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