Commodities

Gold Steady at $2,030.57; Futures Dip Slightly

Key Points Spot Gold remains steady at $2,030.57/oz, while U.S. Gold Futures experience a slight decline. Platinum and Palladium prices…

2 months ago

Navigating the Looming “Second Wave” of Inflation

Quick Look Recent data indicates a potential reacceleration of inflation, shifting focus away from interest rate cuts. Federal Reserve Governor…

2 months ago

Brent Crude Futures and WTI Rise 0.2% Amid Tension

Key Points Brent Crude Futures saw a modest increase of 16 cents to close at $82.69 per barrel, reflecting a…

2 months ago

Inflation Data Sways Markets: US Bonds at 4.25%

Key Points American inflation data influences commodity markets as investors weigh inflation forecasts. US bond yields and the dollar's trajectory…

2 months ago

Commodities Shift: Oil Dips to $82.16, Coal Exports Fall

Quick Overview Brent Crude Oil prices stood at $82.16, marking a slight decline of 0.22%​. The US thermal coal market…

2 months ago

Gold Glitters & Nickel Drops: 2024 Commodity Drama Unfolds

Quick Look Base metals face a subdued outlook for 2024, with weak demand pressuring prices. Copper and aluminium are exceptions,…

2 months ago

Navigating Through Sanctions, Surging Oil, and Gold’s Rally

At A Glance U.S. sanctions against Houthis take effect due to Red Sea attacks, influencing global commodity flows. Oil prices…

3 months ago

Cocoa Market: Hedge Funds’ $8.7 Billion Gamble

Key Points Hedge funds have intensified activities in the cocoa market, pushing prices to record highs. Traders have wagered $8.7…

3 months ago

A Rollercoaster Ride Through Markets and Minds

At A Glance Brent crude oil forecast for 2024 was adjusted to $74 per barrel by Citi amidst oversupply concerns​.…

3 months ago

Brent Crude Futures Down 1¢ Amidst Tensions

Key Points Brent crude futures slightly down by 1 cent, stabilising at $81.99 a barrel. S. West Texas Intermediate (WTI)…

3 months ago

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