Commodities News, Page 2

Gold is trading positive on Monday as investors are betting on the yellow metal as a safe haven ahead of a possible recession.

The final piece of the bullish puzzle for gold hit on Friday after President Trump vowed to place a tariff on imports from Mexico. Last week’s steep losses in crude oil indicate that investors are worried about future demand. The catalysts behind the selling pressure in natural gas were a

Soybeans, Corn and Wheat are trading down on Friday amid news on Mexico possible trade war and profit taking ahead of the end of the month.

Gold is trading positive on Friday and ready to close its first positive month since January. Trump punishment tariff to Mexico fueled risk aversion.

Soybean, corn and wheat prices resumed its rally as investors are worried about wet weather and trade war news.

Gold is trading positive on Thursday following the US GDP. But the move is limited due to dollar strength and euro weakness.

Gold and silver are trading in consolidation pattern as risk aversion is retaking the market but metals are not strong enough to advance.

Agricultural commodities are trading higher on Tuesday as investors are digesting wet weather. Corn is trading at highest since 2016, while soybeans and wheat are rallying to multi-month highs.

Gold is trading sideways as investors are digesting trade war news but also due to a firm dollar. Traders are now focused on economic events.

Soybean prices affected by two sides of news. Investors are waiting for catalysts to break the range.

Gold is trading positive on Monday but the move is limited due to dollar strength. Low trading volume in markets.

Gold closed higher last week as aggressive buyers may have found value inside a longer-term retracement zone at $1280.80 to $1261.70. On Thursday, May 23, financial data released by IHS market showed U.S. manufacturer growth hit a multiyear low in May. This raised concerns about a slowdown in the U.S.

Corn is rallying on the end of the week and it is reaching fresh near 1-year highs. Soybean is also positive, but it remains in range

God and silver are trading in consolidation mode after Thursday’s rally. Be aware of profit taking and rebalancing ahead of the weekend.

Soybean prices turned lower on Thursday as investors were unable to take the unit above the 20-day moving average. Corn is rallying for the ninth day in a row.

Gold is recovering three days of losses as investors are digesting trade war declarations but a firm dollar.

Soybeans are trading higher on Wednesday but most agricultural commodities are on the back foot and posting losses.

Gold and most metals are trading sideways ahead of the FOMC minutes; however, copper and platinum are extending losses big.

Wheat and corn are trading high as investors are betting on a shortage of production in both grains. Hard weather conditions are delaying planting.

Gold and other precious metals are trading down amid firm dollar and risk appetite due to Trump relief on Huawei.