Analysis: Commodities

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...

Commodities: Tariffs shake up copper

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.

Gold ETFs drew largest inflow in five years during first half of 2025, WGC says

LONDON -Physically backed gold exchange-traded funds recorded their largest semi-annual inflow since the first half of 2020 from January to June, data from the World Gold Council showed on Tuesday. ...

Japan PM Ishiba says President Trump may be misinformed on some tariff issues

TOKYO -Japanese Prime Minister Shigeru Ishiba said on Thursday U.S. President Donald Trump's views on some tariff-related issues may be based on misunderstanding or misinformation, as a pause on a...

Dairy supply management could sour Canada-US trade talks

WINNIPEG, Manitoba -Canada canceled a digital service tax on U.S. technology companies this week in order to preserve trade talks with U.S. President Donald Trump, but another irritant, in...

Raw materials: Chinese magnets are making a comeback

The threat of massive paralysis in the global automotive supply chain appears to be receding as rare earth magnets from China begin to flow again. However, manufacturers and their suppliers continue...

Oil market reflects slim chance of supply disruption, Goldman analysts say

Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. ...

The Strait of Hormuz: a central crossroads for black gold

As tensions rise between Washington and Tehran following US strikes on Iranian nuclear sites, the Strait of Hormuz, a vital artery for global energy supplies, is once again becoming a hot spot. If...

Commodities: Energy security central to tensions in the Middle East

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

Investors unnerved as Israel-Iran conflict fuels oil market rally

NEW YORK/GDANSK -Investors were on edge as financial markets reopened on Sunday, with crude oil prices initially up near 4% as markets were gripped by the escalating threat of a sweeping conflict in...

US immigration raid of Omaha meat plant cuts staff, fuels food production worries

CHICAGO -U.S. meat producer Glenn Valley Foods was operating an Omaha, Nebraska, facility with about 30% of its staff on Wednesday after federal agents detained workers in an immigration raid the...

Towards a decline in US oil production in 2026?

After years of growth in oil production in the United States, a reversal of this trend appears to be on the cards for 2026. While Donald Trump was aiming for an increase of three million barrels per...

Why is platinum soaring?

The rare metal has jumped by 30% since the beginning of April, now approaching $1,300/ounce. Behind this surge, several fundamental factors are converging to support demand at a time when supply is...

Commodities: Copper nears its annual high

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

Central banks on track for 4th year of massive gold purchases, Metals Focus says

Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into...