Commodities


 Analysts are out with their updated copper prices forecast for 2024

Analysts are out with their updated copper prices forecast for 2024

May 23, 2024 10:32 PM AEST| By Investing

This article first appeared in Investing.com

 Gold prices fall below $2,400 on rate jitters, copper hit with profit-taking

Gold prices fall below $2,400 on rate jitters, copper hit with profit-taking

May 23, 2024 02:42 PM AEST| By Investing

Investing.com-- Gold prices saw extended losses in Asian trade on Thursday, pulling back further from record highs as renewed concerns over high interest rates and waning safe haven demand battered th

 Oil prices fall amid US rate jitters, surprise inventory build

Oil prices fall amid US rate jitters, surprise inventory build

May 23, 2024 11:28 AM AEST| By Investing

Investing.com-- Oil prices fell in Asian trade on Thursday, pressured by persistent concerns over high for longer U.S. interest rates, while an unexpected build in inventories also raised concerns ove

 Oil prices settle lower after surprise US inventory build

Oil prices settle lower after surprise US inventory build

May 23, 2024 07:14 AM AEST| By Investing

Investing.com-- Oil prices settled lower Wednesday for the third-straight day as an unexpected build in U.S. inventories cast doubt over demand in the world's largest crude consumer.

 Oil prices fall after surprise US inventory build; rate jitters contribute

Oil prices fall after surprise US inventory build; rate jitters contribute

May 22, 2024 10:28 PM AEST| By Investing

Investing.com-- Oil prices fell Wednesday, dropping for the third straight session as industry data showed an unexpected build in U.S. inventories, raising doubts over demand in the world's largest cr

 Gold prices retreat from record highs with Fed minutes on tap; copper falls

Gold prices retreat from record highs with Fed minutes on tap; copper falls

May 22, 2024 02:48 PM AEST| By Investing

Investing.com-- Gold prices fell in Asian trade on Wednesday, pulling back further from record highs as anxiety over high U.S. interest rates grew ahead of more cues from the Federal Reserve.

 Oil prices fall further on surprise US inventory build, rate jitters

Oil prices fall further on surprise US inventory build, rate jitters

May 22, 2024 11:18 AM AEST| By Investing

Investing.com-- Oil prices fell in Asian trade on Wednesday as industry data showed an unexpected build in U.S. inventories, while persistent concerns over high U.S. interest rates also kept sentiment

 Oil Inventories in surprise 2.5M barrel jump last week: API

Oil Inventories in surprise 2.5M barrel jump last week: API

May 22, 2024 06:54 AM AEST| By Investing

Crude Oil WTI Futures, the U.S. benchmark, traded at $78.23 a barrel following the report after settling down 0.7% at $79.26 a barrel.

 Biden to sell 1M barrels of gasoline to cut prices ahead of summer driving season

Biden to sell 1M barrels of gasoline to cut prices ahead of summer driving season

May 22, 2024 05:38 AM AEST| By Investing

Investing.com -- The Biden administration is set to sell 1 million barrels of gasoline from strategic reserves held in the Northeast to lower gas prices ahead of the summer driving season.

 Oil prices dip on US interest rate jitters, Middle East uncertainty

Oil prices dip on US interest rate jitters, Middle East uncertainty

May 21, 2024 10:18 PM AEST| By Investing

Investing.com-- Oil prices fell Tuesday on concerns high U.S. interest rates will eat into demand this year, amid continued uncertainty in the Middle East.

 Copper prices hit record highs, here’s what Morgan Stanely sees as a bull case

Copper prices hit record highs, here’s what Morgan Stanely sees as a bull case

May 21, 2024 02:34 PM AEST| By Investing

Investing.com-- Copper prices are set to see some near-term volatility after surging to record highs in recent sessions, Morgan Stanley (NYSE:MS) analysts said in a note, although the red metal is sti

 Gold prices fall from record highs as rate fears persist; copper retreats

Gold prices fall from record highs as rate fears persist; copper retreats

May 21, 2024 02:32 PM AEST| By Investing

Investing.com-- Gold prices fell in Asian trade on Tuesday, retreating from record highs as some easing uncertainty over Iran cooled safe haven demand for the yellow metal, while pressure from concern

 Oil prices dip amid Iran uncertainty, US rate jitters

Oil prices dip amid Iran uncertainty, US rate jitters

May 21, 2024 12:34 PM AEST| By Investing

Investing.com-- Oil prices edged lower in Asian trade on Tuesday, as markets were uncertain how the Iran President’s death could affect supplies, while traders feared that high U.S. interest rates w

 Oil prices slip slightly lower; Iran in focus after helicopter crash

Oil prices slip slightly lower; Iran in focus after helicopter crash

May 20, 2024 10:32 PM AEST| By Investing

Investing.com-- Oil prices slipped lower Monday, handing back early gains after the confirmation of the death of Iran’s President in a helicopter crash.

 Oil prices edge higher with Iran in focus after helicopter crash

Oil prices edge higher with Iran in focus after helicopter crash

May 20, 2024 01:20 PM AEST| By Investing

Investing.com-- Oil prices rose slightly in Asian trade on Monday as traders sought more information on rescue attempts for Iran’s President after a helicopter crash.

 Gold prices hit record high amid geopolitical jitters, metal rally

Gold prices hit record high amid geopolitical jitters, metal rally

May 20, 2024 12:12 PM AEST| By Investing

Investing.com-- Gold prices hit a record high in Asian trade on Monday as increased geopolitical tensions in the Middle East boosted safe haven demand, while a broader rally across metal markets also

 Copper prices hit record high amid short squeeze, bets on tighter markets

Copper prices hit record high amid short squeeze, bets on tighter markets

May 20, 2024 11:16 AM AEST| By Investing

Investing.com-- Copper prices surged to record highs in Asian trade on Monday, extending a recent rally as a short squeeze on the Comex exchange and extended bets on tighter markets this year sparked

 Gold and silver to continue to appreciate - Julius Baer

Gold and silver to continue to appreciate - Julius Baer

May 18, 2024 04:46 AM AEST| By Investing

Investing.com – With another day of gains in gold and silver futures, the Swiss group Julius Baer has decided to change its outlook on commodities to constructive. The group now believes that both m

 Oil prices steady; weekly gains likely amid demand hopes

Oil prices steady; weekly gains likely amid demand hopes

May 17, 2024 10:24 PM AEST| By Investing

Investing.com -- Oil prices traded marginally higher Friday, and were headed for a positive week as milder U.S. inflation, shrinking U.S. inventories and increased Chinese stimulus stoked hopes of imp

 Goldman Sachs discusses what's next for natural gas prices

Goldman Sachs discusses what's next for natural gas prices

May 17, 2024 06:24 PM AEST| By Investing

Over the past three weeks, US natural gas prices have surged 30% to above $2.50 per million British thermal units (mm/BTU), fueled by production declines and increased feedgas demand for liquified nat

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