Commodity News

Investment Demand in China Keeps the Price of Gold High

China's robust investment demand continues to significantly influence the global gold market, contributing to the sustained high prices of the…

3 months ago

Tracking Bangladesh Forex Reserves from 2021-2022

In August 2021, Bangladesh's foreign exchange (forex) reserves stood robust at $40.7 billion, embodying the nation's economic strength. As the…

3 months ago

China-Africa Trade in 2023: 1.5% Growth Amid Shifts

In 2023, China-Africa trade dynamics evolved, presenting a complex landscape of economic interactions. The overall trade volume slightly increased by…

3 months ago

FX Market 2024: Dynamic Shifts and AI Integration

As 2024 unfolds, the Forex market is revealing a dynamic narrative, marked by surging trading volumes, intriguing currency pair movements,…

3 months ago

Possible Incident in The Strait of Hormuz Caused Troubles

The global oil markets face heightened uncertainty as concerns mount over a potential incident in the Strait of Hormuz, a…

3 months ago

Brent Oil Futures Leap to $80.89 Up 0.42%

Key Points: April Brent oil futures climbed to $80.89, and March WTI futures increased to $76.20. February and March crude…

3 months ago

Aramco Abandons Plan to Increase Oil Production

In a noteworthy strategic move, the Saudi Arabian Oil Company (Aramco) has abandoned its initial plans to increase oil production.…

3 months ago

Oil Prices Drop 0.6% to $81.88 On China Concerns

Oil prices underwent significant fluctuations on Tuesday, January 30, influenced by a complex mix of factors. The market saw a…

3 months ago

Brent Crude Oil Jumps 5% to $84/barrel in 2 Days

Crude oil trading has again taken centre stage as geopolitical tensions and supply concerns intensify in the Middle East. The…

3 months ago

UBS Predicts 10% Gold Price Rise

UBS analysts are optimistic about the future of gold prices, forecasting a ten percent increase. This positive outlook is rooted…

3 months ago

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