Analysis: Commodities

Asian stocks reverse losses as China tech roars back

SINGAPORE -Stocks in Asia rebounded on Wednesday, shaking off earlier Wall Street-led losses as renewed enthusiasm for artificial intelligence and semiconductors breathed fresh life into China's...

Historic gold rally: what is driving the price surge?

Gold prices reached a new high on Monday at $3,728 per ounce, extending a spectacular surge that has seen the precious metal double in value since the end of 2022. Buoyed by a climate of geopolitical...

Gold uptrend intact, but due for correction before topping $4,000 in 2026

New Delhi -Gold's stellar rally to successive record highs shows every sign of continuing for the rest of the year, but a healthy correction is on the cards before breaching the $4,000 per ounce...

Ray Dalio suggests gold as shield for U.S. markets at risk of heart attack

LONDON -Bridgewater founder and former CEO Ray Dalio says gold might be a way to shield investors from unhealthy markets, overburdened with debt. A well diversified portfolio would...

OPEC+ pursues strategy of regaining market share

Another increase in production for OPEC+. Meeting on Sunday, the oil alliance led by Riyadh and Moscow announced the gradual lifting of 1.65 million barrels per day of production cuts, initially...

Gold's record-breaking rally: who's keeping it going?

LONDON -Gold prices hit a record $3,728 per troy ounce on Monday, extending a rally that has boosted them twofold since late 2022. Demand is expected to remain robust for some time due to a mix of...

Markets bet big on Goldilocks payrolls number

A look at the day ahead in European and global markets from Kevin Buckland Markets are in buoyant mood, clearly anticipating Friday's hotly awaited U.S. payrolls report will keep the Fed...

Trading Day: Rallying into payrolls

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. equity and bond prices rose on...

Bond markets rattle as Xi's tanks roll

A look at the day ahead in European and global markets from Rocky Swift A day after U.S. President Donald Trump re-emerged in the Oval Office to dispel rumours about his health, Chinese...

The yellow metal still shining brightly

On Tuesday, gold reached a new all-time high, exceeding $3,500 per ounce, supported by the weak dollar and expectations of a Fed rate cut. The precious metal is thus continuing its upward trajectory...

Goldman Sachs expects Brent to decline to low $50s by late 2026

Goldman Sachs expects the price of Brent crude futures contracts to decline to the low $50s a barrel by late 2026 due to an increase in the surplus of oil next year. We expect the oil...

Commodities: Caution prevails as all eyes fixed on Ukraine

Every week, our commodity overview reviews the latest news from the commodity markets to better understand fluctuations in the prices of energy, metals, and agricultural commodities.

Investors react to US-Russia summit reaching no agreement

NEW YORK -Following are reactions from world leaders to the summit on Friday between U.S. President Donald Trump and Russian President Vladimir Putin, which did not resolve Moscow's war in Ukraine. ...

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs

U.S. President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up...

Gold miners awaiting US clarity on gold bar tariffs, Barrick CEO says

TORONTO -Barrick Mining CEO Mark Bristow said on Monday that the gold industry is awaiting clarity from the White House regarding potential U.S. tariffs on gold bars, but added that, regardless of...

World food prices at 2-year high on rising meat and edible oils, FAO says

PARIS -World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the...

US imposes tariffs on one-kilo gold bars, FT reports

WASHINGTON -The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection. The letter...

Swiss cheesemakers fear for US sales if hit by tariffs

Yverdon-Les-Bains, Switzerland -Swiss cheese producers are bracing for a steep drop in U.S. sales after President Donald Trump announced a 39% tariff on Swiss imports due to take effect on Thursday. ...

Economists doubt Trump outlook that US will sell 'so much' beef to Australia

WASHINGTON/CANBERRA/CHICAGO -President Donald Trump said the U.S. will sell so much beef to Australia after Canberra relaxed import restrictions on Thursday, but economists and traders said high...