Commodities News, Page 2

Gold prices were little changed on Monday with investors looking to a G20 meeting this week for signs of a thaw in the Sino-U.S. trade conflict, although a stronger dollar amid fears of a slowdown in global growth weighed on bullion. US Greenback which started gaining momentum towards close of

Gold prices inched up during early Asian hours on Friday set to rise for the second straight week on safe-haven demand for the metal ahead of the G20 summit next week where the leaders of the United States and China are set to discuss their trade dispute. President Xi Jinping

Gold prices held firm on Thursday after hitting the highest in two weeks in the previous session, with improved risk appetite weighing on the U.S. dollar. Weakness in the dollar has supported investor appetite in the gold space since recent past and with limited liquidity owing to thanksgiving holidays in

Natural gas futures are struggling to hold on to earlier gains despite the first weekly U.S. supply decline of the winter heating season. A government report that showed a larger than expected draw failed to bring in the buyers that many had expected, leading those who brought early hoping for

Gold prices eased slightly on Wednesday as the U.S. dollar was boosted by safe-haven demand as investors eyed U.S.-China tensions amid heightened risk aversion. The dollar firmed against its major peers on early Wednesday’s market hours, as investors shunned riskier assets in favor of safe-haven currencies on heightened concerns about

Natural gas futures are on the rise early Thursday, well ahead of today’s U.S. Energy Information Administration (EIA) weekly storage report. Today’s report is one day early because of tomorrow’s U.S. Thanksgiving holiday. It’s also scheduled for a different time at 1700 GMT.At 0810 GMT, January Natural Gas futures are

Gold is trading in range bound fashion ahead of European market hours as spot gold saw a decline in early Asian hours but recovered losses and is trading flat as Asian equity markets took to bearish price action following a decline in Wall Street overnight inspired by a bearish rout

Gold prices were steady on Monday, with the dollar subdued after comments from Federal Reserve officials showing caution over the global economy, prompting traders to reassess the pace of future U.S. interest rate hikes. The possibility that the Fed might hold a neutral outlook beyond 2018 and a slowdown in

Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union. UK Prime Minister Theresa May’s draft Brexit plan ran into dispute after the resignation of key ministers from her

Gold rose 1% on Wednesday, helped by a slight retreat in the dollar following a rally and as some investors covered their short positions after the metal held the key $1,200 level. As Dollar weakened following slide in US Treasury Yields and gold was near moving near monthly lows retail

Many people consider copper to be the leading indicator when it comes to the world’s economy. It makes sense because when the economy booms, construction tends to accelerate as well and therefore, global demand for industrial commodities, such as copper, silver, iron, ore, etc., usually rises. However, if the global

Gold prices edged higher on Tuesday as investors resorted to bargain-hunting after the precious metal fell to over one-month lows, weighed down by a stronger dollar. While a firmer greenback makes bullion expensive for holders of other currencies as the commodity is priced in dollars, it has been a while

The dollar is gaining strength after last week’s Fed meeting and positive U.S. economic data, which is weighing on non-yielding assets like gold.The greenback climbed near to 16-month peak earlier in the session, making bullion more expensive for holders of other currencies. The dollar index DXY, which measures the greenback

Gold prices fell to their lowest in a week earlier today and were set for their biggest weekly fall since August on a firmer dollar as the U.S. Federal Reserve indicated they will continue to raise interest rates, lowering demand for bullion. Gold is down about 1 percent for the

Gold prices fell to their lowest in a week on Thursday as the dollar and stocks rose, while investors digested the U.S. midterm election results and turned their focus to the Federal Reserve’s monetary policy decision due later in the day.The yellow metal has taken a sharp bearish decline as

Gold came off a one-week low to trade higher on Wednesday as investors sought cover from market volatility and uncertainty surrounding the fallout of U.S. mid-term elections results. The specter of a Democrat-controlled House suggests that we will see a little bit of risk-off in the market, which should probably

Gold prices held steady on Monday as investors were cautious ahead of the U.S. congressional elections due on Tuesday which will determine whether the Republican or Democratic Party controls Congress. Traders don’t want to extend any risky bets because of the growing uncertainty around the elections. Opinion polls show strong

Gold prices on Friday held on to gains from the previous session as investors remained cautious ahead of a U.S. jobs report, which could provide clues on the pace of further interest rate hikes. Investors are being a little cautious ahead of the jobs data today which has resulted in

Gold recovered on Thursday from a three-week low hit in the previous session as the recent fall in the metal prices and subdued demand for US dollar post hitting 16-month highs induced some bids. Bargain hunters are buying on the dips and the dollar being slightly off is also helping.

Gold prices fell to a more than two-week low on Wednesday as equities gained and the dollar touched multi-month highs after upbeat economic data indicated a robust U.S. economy. The yellow metal, however, remained on track to end a run of six straight monthly losses, the longest such streak since