Commodities News
Economies.com provides the latest news and fundamental analysis about Commodities. In this section you may read about all the international economic and political events affecting the commodities rates such as the Precious Metals (Gold, Silver, etc) as well as Crude Oil, Brent Oil, Platinum etc.
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record highs.
The current slowdown in US 10-year treasury yields provided support for ...
Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with investors taking a breath and collecting profits after a string of record highs.
Fed Chair Jerome ...
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, which showed a larger buildup than expected.
The Energy Information Administration ...
Oil prices plumb two-week lows as concerns about Iran-Israel war fade
2024-04-17 15:23PM UTC
Oil prices fell in American trade on Wednesday, extending losses for the second straight day and plumbing two-week lows, with US crude trading below $85 a barrel, while Brent traded below $90 as ...
Will silver outperform gold in 2024 and which is the best platform to trade them?
2024-04-17 14:31PM UTC
Silver Analysis and Silver Price Predictions for 2024 and 2025 Compared to Gold
Silver prices have approached the psychological barrier of $30 per ounce for the first time since 2021, recording a ...
Gold surpasses $2400 for first time ever
2024-04-16 20:03PM UTC
Gold prices rallied on Tuesday and scaled fresh record highs on strong haven demand, as global concerns mount.
Earlier US data showed industrial output rose 0.4% in March as expected, after ...
Global oil prices fell in American trade on Tuesday, approaching two-week lows as the US now expects little response from Israel to the unprecedented Iranian attack on Israel soil.
Now ...
Will gold prices scale $3000 an ounce in 2024?
2024-04-16 11:59AM UTC
Gold prices continued to move in a positive zone and approached the record highs scaled last week above $2400 an ounce.
Prices are underpinned by mounting geopolitical tensions between Iran ...
Gold enters a downward correctional cycle in wait for Israeli response
2024-04-16 08:43AM UTC
Gold prices declined in European trade on Tuesday on profit-taking, after the precious metal touched a record high on Monday while investors shun off major positions in wait for the Israeli response ...
Brent backs off six-month peak as Iran-Israel war concerns subside
2024-04-15 13:18PM UTC
International benchmark Brent fell in European trade off six-month highs, trading below $90 a barrel on active profit-taking.
The losses came as concerns about a war between Iran and Israel ...