Gold Had its Worst Month in the Last Four YearsCommodities

Gold Had its Worst Month in the Last Four Years

The gold ended the month with a 6% drop, its lowest settlement since 2016. The risk-on sentiment in the market…

OPEC+ at Crossroads After Sunday’s Meet Commodities

OPEC+ at Crossroads After Sunday’s Meet 

The OPEC+ is yet again facing a difficult decision amid the uncertainty surrounding the future of the oil industry. This…

Copper and Shift Towards Green EconomyCommodities

Copper and Shift Towards Green Economy

After rallying to its highest level since 2014, the copper never left the highest podium. Last Friday, the metal’s futures…

US Energy Information Administration Reports Draw

After the gloomy inventory buildup last week, the US Energy Information Administration reports an unexpected draw. For the week through…

US Soybean Exports to Chinese Buyers under PressureCommodities

US Soybean Exports to Chinese Buyers under Pressure

Chinese importers of US soybean are reportedly considering canceling their orders for December and January shipments. The consideration came after…

Gold Receives All Painful Blows from Vaccine, Biden NewsCommodities

Gold Receives All Painful Blows from Vaccine, Biden News

The metal commodities are in another labyrinth ignited by optimism on vaccine development combined with the smoother-than-expected transition to Biden…

Oil Price Gets Support from Vaccine UpdatesCommodities

Oil Price Gets Support from Vaccine Updates

Oil price finally gets the necessary support from vaccine news. Earlier, AstraZeneca with its partner Oxford University announced the 90%…

Goldman Sachs Lifts Forecast on GoldCommodities

Goldman Sachs Lifts Forecast on Gold

In the latest report released by Goldman Sachs, the investment giant lifted the price forecast of gold to the $2,300…

Oil Price Climbs, Various Events Provide SupportCommodities

Oil Price Climbs, Various Events Provide Support

Oil price finds asylum from the optimistic vaccine news released by Pfizer and partner BioNTech earlier. The pharmaceutical company says…

Barley: In Times of China-Australia TensionCommodities

Barley: In Times of China-Australia Tension

Farmers are starting to harvest crops for the year. Due to this, China has imposed heavy tariffs on some of…