Commodities

Oil prices dip after surprise build in US inventories, hawkish Fedspeak

Investing.com-- Oil prices fell in Asian trade on Thursday after official data showed a surprise build in U.S. crude inventories, while the IEA also trimmed its oil demand growth forecast for 2024 and

Oil prices settle higher as soft CPI release offsets surprise US inventory jump

Investing.com-- Oil prices settled higher Wednesday, as a cooler inflation report supporting rate-cut hopes, but gains were kept by an unexpected build in weekly domestic crude supplies and hawkish Fe

Market expert shares his new gold prices forecast

This article first appeared in Investing.com

Silver prices forecast for 2024 as per Bank of America

Bank of America (NYSE:BAC) remains bullish on silver prices, predicting an increase throughout the latter half of 2024 and into 2025.

Oil prices higher after soft CPI release; US inventory draw helps

Investing.com-- Oil prices rose Wednesday, helped by signs of cooling U.S. inflation, extending gains after industry data showed U.S. inventories shrank more than expected in the past week.

IEA cuts 2024 crude demand growth forecast, sees 2029 peak

Gold prices likely to reach as high as $3,000/oz over the next 12 months

Gold prices could surge up to $3,000 over the next 12 months, Citi analysts said, as a combination of strong physical demand, central bank purchases, and macroeconomic factors continue to support a bu

Citi sees oil prices crashing to $60 a barrel in 2025

Citi analysts predict a drop in oil prices, with a forecast of $60 per barrel in 2025. This represents a potential decline of over 20% compared to current market expectations.

Gold prices steady around $2,300 with Fed rate decision, CPI on tap

Investing.com-- Gold prices moved little in Asian trade on Wednesday, hovering around a key support level as traders hunkered down before more definitive cues on U.S. rates from a Federal Reserve meet

Oil prices tick higher on US inventory draw; Fed, CPI awaited

Investing.com-- Oil prices rose in Asian trade on Wednesday, extending gains after industry data showed U.S. inventories shrank more than expected in the past week.

US oil futures rise after crude stocks fall more than expected

Crude Oil WTI Futures, the U.S. benchmark, traded at $78.25 a barrel following the report after settling up 0.2% at $77.90 a barrel.

Well Fargo: Gold becoming expensive outside of the U.S.

Wells Fargo (NYSE:WFC) highlighted the impressive performance of gold in 2024, which is currently holding near record highs.

Crude oil steady ahead of key inflation data, Fed meeting

World Gold Council: Gold is becoming harder to find

Investing.com - The gold mining sector is grappling to maintain production growth as discovering new gold deposits is becoming increasingly challenging, according to the World Gold Council.

Macquarie: Weekly crude build to offset gasoline draw

Investing.com - Commodity strategists at Macquarie Bank anticipate a modest weekly build in US crude inventories, which they believe will offset the expected draw in gasoline.

Gold: This factor could weigh on the bull market and drive prices down

Investing.com – Gold futures have surged in recent months, but one factor could hinder further appreciation, at least in the short term: China's purchases, which had been "filling up the cart" recen

Oil prices recovery likely in motion as bearish bets 'overly pessimistic': JPM

Investing.com -- The surge in Crude Oil WTI Futures Monday added to optimism that the road to recovery is ahead, at a time when bearish bets appear "overly pessimistic", UBS says, and summer demand is

Oil prices in rally mode on demand hopes; OPEC report, Fed meeting looms

Investing.com-- Oil prices rallied Monday, following three straight weeks of losses, as hopes grow that rising demand over the summer could tightened crude supplies in the months ahead.

World Gold Council: It's getting harder to mine gold

Investing.com - The gold mining sector is struggling to maintain production growth as finding deposits of the yellow metal has become more difficult, according to the World Gold Council.

Oil prices rebound ahead of OPEC report, Fed Reserve meeting

Investing.com-- Oil prices rose Monday, gaining back some ground after three straight weeks of losses ahead of more cues on U.S. interest rates and demand forecasts later this week.