Commodities

BofA: Gold could hit $3,000/oz over the next 12-18 months

Bank of America (NYSE:BAC) analysts predict a potential surge in gold prices, with estimates reaching $3,000 per ounce within the next 12-18 months. However, they acknowledge current market flows don'

Gold prices creep higher; strong dollar, inflation jitters weigh

Investing.com-- Gold prices rose slightly in Asian trade on Monday but remained within a tight trading range amid pressure from a stronger dollar, and as traders positioned for key U.S. inflation data

Oil prices fall amid pressure from strong dollar

Investing.com-- Oil prices fell in Asian trade on Monday, remaining under pressure from a stronger dollar as traders awaited more cues on U.S. inflation and interest rates this week.

Crude oil settles lower, but bags 2-week win streak as demand outlook improves

The number of oil rigs operating in the U.S. fell by 3 to 485, according to data Friday from energy services firm Baker Hughes.

Key commodity forecast in Q3 2024

This article first appeared in Investing.com

Crude oil stable; heading for more weakly gains

Gold is overvalued says RBC

RBC Capital Markets analysts said they maintain a cautious stance on gold, considering it overvalued after reaching record highs last month.

Oil prices settle higher as US crude, gasoline stocks fall

This article first appeared in Investing.com

Crude oil edge higher ahead of official US inventories

Gold price hits weekly highs amid speculation of Fed rate cuts

Investing.com - Gold prices (XAU/USD) reached a one-week peak in early European trading on Thursday, aiming to reclaim the 50-day Simple Moving Average (SMA) as a key resistance barrier.

Brent crude ascends amid Middle East tensions, WTI dips ahead of inventory data

Investing.com - Brent crude futures saw a slight increase in early Thursday trading as tensions escalated in Gaza, while U.S. crude futures took a dip in anticipation of a potential surge in oil inven

Crude oil edges higher on supply concerns; API stocks rise

Gold slips lower; central bank buying set to boost demand

Oil market still set to tighten in second half of 2024 - UBS

Gold prices stagnate as traders await clarity on Fed timeline

Investing.com - The price of gold (XAU/USD) appears to be stabilizing near the top end of its short-term trading range as uncertainty surrounding the Federal Reserve's rate-cutting timeline keeps trad

US oil futures give up some gains after API build

Crude Oil WTI Futures, the U.S. benchmark, traded at $80.78 a barrel following the report after settling up 1.5% at $81.57 a barrel.

Soft China data weighs on industrial metals market mood

Investing.com – The weakness in the post-pandemic recovery of China's economy remains on investors' radar, particularly in the industrial and infrastructure-related metals market. With data showing

Crude stable amid uncertainty over demand/supply balance

Oil prices settle lower, but snap three-week losing streak on demand hopes

Investing.com-- Oil prices settled lower Friday, but still snapped a three-week losing streak, buoyed by hopes that a seasonal fuel demand over the summer period is poised to gather steam and dent cru

High copper prices the new normal, likely to impact electric cars, expert warns

Investing.com – Following a surge in copper futures prices early in May, markets are now seeing a moderated correction. Amid speculation about future demand increases and supply issues, experts anti