Commodities

Demand for copper is improving, according to Julius Baer, but not because of AI
April 12, 2024 05:02 AM AEST| By InvestingThe demand in the copper market has been improving, with a more positive cyclical outlook, according to Julius Baer, which points to the energy transition as the strongest growth driver, including ele

Gold prices rebound after CPI-driven losses, record highs close
April 11, 2024 02:48 PM AEST| By InvestingInvesting.com-- Gold prices rebounded in Asian trade on Thursday after hotter-than-expected U.S. inflation data dragged the yellow metal sharply off record highs, although safe haven demand and centra

Oil prices steady amid Middle East tensions, US inventory build
April 11, 2024 11:12 AM AEST| By InvestingInvesting.com-- Oil prices steadied near five-month highs in Asian trade on Thursday as an Israeli strike in Gaza undermined recent reports of ceasefire talks with Hamas, while data showed U.S. crude

Oil prices edge higher despite US inflation jump; Middle East tensions remain
April 11, 2024 12:16 AM AEST| By InvestingInvesting.com - Oil prices edged higher Wednesday, bouncing after two days of losses, as worries about as the potential for the disruption of supplies from the oil-rich Middle East overshadowed signs

Gold prices hit record highs ahead of CPI data, copper gains
April 10, 2024 03:36 PM AEST| By InvestingInvesting.com-- Gold prices hovered just below record highs in Asian trade on Wednesday, as safe haven demand for the yellow metal was boosted in anticipation of key U.S. inflation data and more cues

Copper prices hit 14-mth highs on China optimism, tight supply outlook
April 04, 2024 03:10 PM AEDT| By InvestingInvesting.com-- Copper prices rose to 14-month highs in Asian trade on Thursday, buoyed by increasing optimism over top importer China, while potential production cuts by the country’s biggest refin

Oil prices rise, near $90 amid Middle East tensions, steady OPEC output
April 04, 2024 01:46 PM AEDT| By InvestingInvesting.com-- Oil prices rose to five-month highs in Asian trade on Thursday, extending a rash of recent gains as the prospect of worsening geopolitical conditions in the Middle East presented more

Gold prices hit record highs above $2,300 amid mixed rate cut cues
April 04, 2024 11:42 AM AEDT| By InvestingInvesting.com-- Gold prices hit record highs in early Asian trade on Thursday, as the yellow metal benefited from weakness in the dollar amid uncertainty over U.S. interest rate cuts, while increased

Oil prices surge ahead on tight supplies; OPEC+ maintains output levels
April 04, 2024 12:12 AM AEDT| By InvestingInvesting.com-- Oil prices continued to power ahead Wednesday, as signs of shrinking U.S. inventories and more potential supply disruptions in Russia presented a tighter outlook for global crude marke

Physical demand can drive gold further higher - BofA
April 03, 2024 09:04 PM AEDT| By Investing
Gold prices hit record highs near $2,300 as Taiwan quake dents risk appetite
April 03, 2024 04:06 PM AEDT| By InvestingInvesting.com-- Gold prices rose in Asian trade on Wednesday, remaining in sight of record highs amid increased safe haven demand after a devastating earthquake in Taiwan, while uncertainty over U.S.

Oil prices steady at 5-month highs, OPEC meeting awaited
April 03, 2024 12:00 PM AEDT| By InvestingInvesting.com-- Oil prices rose slightly in Asian trade on Wednesday, sticking to five-month highs as signs of shrinking U.S. inventories and more potential supply disruptions in Russia presented a ti

Oil Inventories fall by more-than-expected 2.3M barrels last week: API
April 03, 2024 08:18 AM AEDT| By InvestingCrude Oil WTI Futures, the U.S. benchmark, traded at $85.44 a barrel following the report after settling up 1.7% at $85.15 a barrel.

Oil prices rise to 5-month highs as geopolitical jitters put supply in crosshairs
April 03, 2024 06:04 AM AEDT| By InvestingThe weekly U.S. supply data due later this week will also provide further clues on supply-demand imbalance, with the U.S. expected to report a drawdown in weekly inventories.

Crude oil soars after hit to Russian refinery raises global supply concerns
April 03, 2024 12:22 AM AEDT| By Investing
Gold prices pause ascent but maintains bullish momentum below record highs
April 02, 2024 04:53 PM AEDT| By InvestingInvesting.com - Gold prices have taken a breather from their recent rally to a new all-time high reached on Monday, oscillating within a range during Tuesday's Asian trading session. Despite the pause

Gold glitters to record high as safe-haven bid overshadows jump in dollar
April 02, 2024 08:24 AM AEDT| By InvestingInvesting.com-- Gold prices surged to a record Monday, as ongoing safe-haven demand helped the yellow metal shrug off a jump in the dollar after signs of U.S. economic strength put a damper on early-r

Oil prices settle higher as supply concerns rise on fresh geopolitical tensions
April 02, 2024 06:14 AM AEDT| By InvestingInvesting.com-- Oil prices settled higher Monday as reports that Israel struck an Iranian consulate in Syria stoked fresh geopolitical tensions in the Middle East just days ahead of the OPEC+ gatherin

Oil prices wrap up Q1 with strong gains as Russia cuts ease oversupply worries
March 29, 2024 06:46 AM AEDT| By InvestingInvesting.com-- Oil prices settled higher Thursday to wrap the first quarter with strong gains as bets on lower Russia output eased worries about a global supply surplus.

Oil prices rise, set for strong quarter amid bets on tighter supplies
March 29, 2024 12:18 AM AEDT| By InvestingInvesting.com-- Oil prices rose Thursday as bets on tighter supplies, especially amid lower Russian production, put crude on course for a strong first quarter in 2024.

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