Commodities

Gold prices trim some weekly gains on tempered rate cut hopes
May 17, 2024 02:44 PM AEST| By InvestingInvesting.com-- Gold prices fell slightly on Friday, trimming some of their gains for the week as comments from a slew of Federal Reserve officials offered a more sobering outlook on interest rate cut

Oil prices steady, set for mild weekly gains amid demand hopes
May 17, 2024 11:24 AM AEST| By InvestingInvesting.com-- Oil prices moved little in Asian trade on Friday, but were headed for a mildly positive week as a softer dollar, shrinking U.S. inventories and increased Chinese stimulus stoked hopes

Oil prices settle higher as hopes for rate cuts stoke demand optimism
May 17, 2024 05:08 AM AEST| By InvestingInvesting.com -- Oil prices settled higher Thursday, as rising hopes for U.S. rate cuts following data showing a cooling job market and weaker inflation boosted bets on firmer crude demand.

Oil prices rise; mild CPI, falling US inventories point to rising US demand
May 17, 2024 01:20 AM AEST| By InvestingInvesting.com -- Oil prices rose on Thursday, extending gains from the prior session on signs of stronger demand in the U.S., the world's largest consumer.

OPEC+ likely to role over output cuts - UBS
May 17, 2024 12:04 AM AEST| By Investing
Gold prices near $2,400 as CPI data puts rate cuts in focus
May 16, 2024 02:20 PM AEST| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Thursday after clocking strong overnight gains as some soft inflation data pulled the dollar to one-month lows and pushed up expectations of inte

Oil prices rise as softer CPI dents dollar, US inventories shrink
May 16, 2024 11:18 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday, extending gains from the prior session as a softer-than-expected U.S. consumer inflation reading brought down the dollar and ramped up hopes

Central Banks are exiting U.S. bonds and moving into gold, says Julius Baer
May 16, 2024 05:16 AM AEST| By InvestingInvesting.com – The record recovery of gold is boosted by Central Banks, which are increasing their exposure by moving out of positions in US Treasury securities. This was pointed out in a note to t

Oil prices fall after IEA monthly report, CPI inflation
May 16, 2024 01:02 AM AEST| By InvestingInvesting.com -- Oil prices fell Wednesday, overturning earlier gains after the IEA cut its forecast for demand growth this year.

Market experts share 4 ways to make money on rising gold prices
May 16, 2024 12:22 AM AEST| By InvestingSince the start of the year, gold has risen 12.8% in US dollar terms, outperforming the S&P 500 by 2.8%, the MSCI World Index by 4.3%, and long-dated US Treasuries by 20.4%. In a recent note, a financ

IEA cuts 2024 oil demand growth forecast
May 15, 2024 07:34 PM AEST| By Investing
Gold prices steady as dollar eases before CPI test; copper strong
May 15, 2024 03:10 PM AEST| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Wednesday, taking advantage of a softer dollar as markets hunkered down before key U.S. consumer inflation data which is likely to factor into th

Oil prices rise as US inventories dip; CPI inflation in focus
May 15, 2024 11:42 AM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Wednesday as industry data showed a drop in U.S. inventories and boosted expectations of tighter supplies, although anticipation of key inflation data

Oil prices settle lower on hot US inflation data; OPEC maintains forecasts
May 15, 2024 05:00 AM AEST| By InvestingInvesting.com - Oil prices settled lower Tuesday, as signs that inflation remains stubbornly high put a damper on rate cut expectations just as focus shifts to fresh U.S. supply data.

Oil prices edge lower ahead of US inflation data; OPEC maintains forecasts
May 14, 2024 10:12 PM AEST| By InvestingInvesting.com - Oil prices edged slightly lower Tuesday, handing back some of the previous session's gains in cautious trade ahead of key U.S. inflation data, while OPEC+ kept its demand and supply fo

Gold prices edge higher with US inflation data on tap
May 14, 2024 03:02 PM AEST| By InvestingInvesting.com-- Gold prices rose slightly in Asian trade on Tuesday, recovering marginally from steep losses in the prior session as focus remained squarely on upcoming U.S. inflation data for more cu

Oil prices edge higher on China stimulus, Canadian supply disruptions
May 14, 2024 11:14 AM AEST| By InvestingInvesting.com-- Oil prices rose slightly in Asian trade on Tuesday, extending gains from the prior session as top importer China gave clear signals on its plans for fiscal stimulus, while wildfires in

Oil prices settle higher on signs of improving China economy; US CPI looms
May 14, 2024 05:20 AM AEST| By InvestingInvesting.com-- Oil prices settled higher Monday, as signs of an improving economy in China boosted demand hopes at time when wildfires in China threaten supplies.

Oil prices rise after Chinese inflation data; US CPI looms
May 13, 2024 10:18 PM AEST| By InvestingInvesting.com-- Oil prices rose Monday, rebounding from the previous week's mild losses as traders digested mixed Chinese inflation data ahead of key U.S. inflation readings this week.

Gold prices dip as US inflation test looms
May 13, 2024 02:30 PM AEST| By InvestingInvesting.com-- Gold prices retreated in Asian trade on Monday, consolidating some recent gains as traders turned more biased towards the dollar ahead of key U.S. inflation data due later in the week.

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