Oil prices struggle to keep five-month highCommodities

Oil prices struggle to keep five-month high

Oil prices have not changed on Thursday. They struggled to hold onto five-month highs they reached in the previous session.…

COVID-19 pandemic revived the gold rush as a strategic assetCommodities

COVID-19 pandemic revived the gold rush as a strategic asset

The prospects for the second wave of coronaviruses around the world, coupled with the economic uncertainty, support haven demand for…

US oil production is unable to reviveCommodities

US oil production is unable to revive

Despite the recent statement by the head of the US Federal Reserve, which fueled bearish sentiment, oil prices remain stable.…

Alaska gold mines and environmental damageCommodities

Alaska gold mines and environmental damage

In 2014, Obama’s administration looked at multiple possible project scenarios at the Alaska gold mine. It concluded that a prospect…

Gold rally is driven by non-Chinese and non-Indian buyersCommodities

Gold rally is driven by non-Chinese and non-Indian buyers

Managers managing multi-billion-dollar long-term portfolios are taking an interest in gold as they seek returns in a no-return investment landscape.…

Why does oil remain frozen at $40?Commodities

Why does oil remain frozen at $40?

Oil prices saw some gains after a report from the Energy Information Administration. The EIA stated that crude inventories faced…

The heats of July take us to a historical gold recordCommodities

The heats of July take us to a historical gold record

Gold prices have already far exceeded the historic highs of September 2011. In the last 24 hours, new numbers from…

Turkey surpasses Russia as the main gold buyer this 2020Commodities

Turkey surpasses Russia as the main gold buyer this 2020

Amid growing concerns about the economic consequences of COVID-19, Turkey bought around 148 tons of gold in the period between…

Gold was the main US import for the first time in historyCommodities

Gold was the main US import for the first time in history

During May, trade was 29.83% lower in the United States compared to the same month last year. Despite the importance…

Both gold and silver are wise long-term investmentsCommodities

Both gold and silver are wise long-term investments

Since the fall of 1990, the price of gold had been around $400 an ounce. For 15 years, from September…