Commodities

Bitcoin price today: drops to $57k amid little relief from Mt Gox fears
July 12, 2024 10:56 PM AEST| By InvestingInvesting.com-- Bitcoin price slid on Friday, reversing a recent rebound as traders remained largely on edge over selling pressure from distributions by defunct exchange Mt Gox, as well as capitulatio

HSBC's new gold prices forecast calls for a 12% drop in 2025
July 12, 2024 08:08 PM AEST| By InvestingGold prices surged to a record high in mid-May, driven by robust safe haven and hedge fund purchases.

Oil prices rise on rate cut cheer, weak China imports limit gains
July 12, 2024 04:18 PM AEST| By InvestingInvesting.com-- Oil prices rose on Friday amid optimism over U.S. interest rate cuts and improved summer demand, although gains were limited by data showing Chinese crude imports shrank in June.

Bitcoin price today: down to $56k amid little relief from Mt Gox fears
July 12, 2024 03:24 PM AEST| By InvestingInvesting.com-- Bitcoin price fell on Friday, reversing a recent rebound as traders remained largely on edge over selling pressure from distributions by defunct exchange Mt Gox, as well as capitulatio

Gold prices steady above $2,400 as soft CPI data fuels rate cut bets
July 12, 2024 02:40 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly in Asian trade on Friday, but were sitting on strong gains from the prior session as softer-than-expected U.S. inflation data ramped up bets on a September in

Oil prices rise amid rate cut cheer, summer demand hopes
July 12, 2024 11:50 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Friday amid optimism over U.S. interest rate cuts and improved summer demand, but were still set for weekly losses on some profit-taking.

Oil prices rise as cooling US inflation points to rate cuts, hits dollar
July 11, 2024 11:16 PM AEST| By InvestingInvesting.com-- Oil prices edged higher Thursday, extending recent gains on signs of cooling U.S. inflation as well as a fall in U.S. inventories.

Gold prices advance, rate cuts in focus as CPI data looms
July 11, 2024 03:04 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Thursday, benefiting from weakness in the dollar and Treasury yields as speculation over U.S. interest rate cuts grew ahead of key inflation data.

Oil prices rise as dollar dips ahead of CPI data; US inventories shrink
July 11, 2024 11:36 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday, extending recent gains as weakness in the dollar ahead of key U.S. inflation data benefited price, while bets on tighter global supplies rem

Gold prices seen surging to $2,470 amid rate cuts, c.bank buying- TD
July 11, 2024 10:36 AM AEST| By InvestingInvesting.com-- Gold prices are expected to advance in the coming weeks, TD Securities said in a note, with steady central bank buying and more clarity on U.S. interest rate cuts set to underpin the y

XAU/USD forecast 2024: Analysts bullish on gold prices amid global uncertainties
July 11, 2024 06:32 AM AEST| By InvestingThis article first appeared in Investing.com

Oil prices settle higher after surprise draw in US crude inventories
July 11, 2024 05:04 AM AEST| By InvestingInvesting.com-- Oil prices settled higher Wednesday as data showing a larger-than-expected draw in U.S. inventories, suggesting tight conditions in the world's largest consumer.

Deutsche Bank on commodities: Gold preferred in near term, Copper in mid term
July 11, 2024 03:56 AM AEST| By InvestingDeutsche Bank (ETR:DBKGn)'s latest Global Mining&Commodities Survey reveals a shift in investor preferences, with gold taking center stage in the short term and copper remaining a favorite for the med

Oil prices steady after weak Chinese data, US inventories draw
July 10, 2024 10:46 PM AEST| By InvestingInvesting.com-- Oil prices steadied Wednesday after recent loses, as industry data showed a bigger-than-expected draw in U.S. inventories, suggesting tight conditions in the world's largest consumer.

XAU/USD: Citi expects physical gold demand to rebound, maintains $3,000 target
July 10, 2024 09:56 PM AEST| By InvestingPhysical gold demand likely softened in the second quarter compared to the first, although “off a very strong base,” Citi analysts said in a Tuesday note.

Gold prices steady amid rate cut speculation, copper dips on China inflation
July 10, 2024 02:40 PM AEST| By InvestingInvesting.com-- Gold prices rose slightly in Asian trade on Wednesday as comments from Federal Reserve Chair Jerome Powell sparked increased speculation over when the central bank will begin cutting i

Oil prices rise as US inventories shrink more than expected
July 10, 2024 10:48 AM AEST| By InvestingInvesting.com-- Oil prices edged higher in Asian trade on Wednesday as industry data showed a bigger-than-expected draw in U.S. inventories, although a build in distillate stockpiles somewhat offset o

U.S crude oil futures slip despite larger-than-expected dip in crude stocks
July 10, 2024 07:14 AM AEST| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $80.94 a barrel following the report after settling 1.1% lower at $81.41 a barrel.

Oil prices settle lower as Beryl-infused supply disruptions less bad than feared
July 10, 2024 05:04 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Tuesday as impact to oil-producing infrastructure across Texas from Hurricane Beryl weren't as bad as feared, easing bets on supply disruptions.

Oil prices fall as concerns over Beryl's impact ease
July 09, 2024 10:26 PM AEST| By InvestingInvesting.com-- Oil prices retreated Tuesday on easing concerns of a hit to U.S supply from Hurricane Beryl.

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