Commodities

Gold prices close to record highs on bets of softer CPI reading

Investing.com-- Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing consumer inflation after a soft reading on produ

Oil prices rise on signs of big US inventory draw, inflation hopes

Investing.com-- Oil prices rose in Asian trade on Wednesday, buoyed by industry data showing a bigger-than-expected draw in U.S. stockpiles, while soft inflation data also fueled hopes of deeper inter

Oil futures off lows after API data show big draw in US crude stocks

Crude Oil WTI Futures, the U.S. benchmark, traded at $78.65 a barrel following the report after settling up 2.1% at $78.35 a barrel.

Fundamentals to drive oil correction in Q4 as supply/demand surpluses increase: Ma

Gold prices fall, but record high in sight amid inflation angst, M.East fears

Investing.com-- Gold prices fell in Asian trade on Tuesday but remained close to record highs as safe haven demand was buoyed by fears of an Iranian strike against Israel.

Oil prices rise on elevated Middle East tensions; OPEC cuts 2024 demand forecast

Investing.com-- Oil prices rose Monday, buoyed by waning concerns over the U.S. economy while geopolitical tensions in the Middle East remained a support.

OPEC cuts crude demand growth forecast in 2024

UBS sees Copper correction as buying opportunity

This article first appeared in Investing.com

UBS: Metal of choice is copper, followed by aluminum, zinc

Gold prices steady, CPI data awaited for more rate cues

Investing.com-- Gold prices steadied in Asian trade on Monday, remaining close to record highs as traders awaited more cues on U.S. interest rates from key inflation data due later in the week.

Oil prices steady with Iran-Israel escalation in focus

Investing.com-- Oil prices steadied in Asian trade on Monday, retaining last week’s rebound as media reports suggested that an Iranian strike on Israel was likely to happen in the coming days.

Gold prices nurse losses as dollar steadies; copper dented by weak China data

Investing.com-- Gold prices rose slightly in Asian trade on Wednesday after falling sharply in the prior session as the dollar steadied from recent losses, with focus remaining on a potential U.S. rec

Oil prices dip on mixed US inventories; demand fears persist

Investing.com-- Oil prices fell in Asian trade on Wednesday after a mixed reading on U.S. inventories, with persistent concerns over slowing economic growth and weak demand keeping prices under pressu

Oil futures little changes on mixed API report as weekly gasoline stocks climb

Crude Oil WTI Futures, the U.S. benchmark, traded at $73.03 a barrel following the report after settling up 0.36% at $73.20 a barrel.

Oil prices settle slighter higher as potential Iran retaliation in focus

Investing.com-- Oil prices settled slightly higher Tuesday, underpinned by potential supply disruptions amid fears Iran is preparing an imminent retaliation against Israel following the recent killing

Oil prices slip further on demand concerns; Middle East tensions persist

Investing.com-- Oil prices slipped lower in volatile trade Tuesday, continuing to retreat after recent sharp losses as fears that slowing economic growth will dent global demand.overshadowed concerns

Goldman Sachs: Oil's $75 floor should withstand macro fears

Investing.com -- Goldman Sachs analysts argued in a note dated Monday that macroeconomic recessionary fears were primarily responsible for the recent 6% decline in Brent crude oil prices.

Gold prices slide from near record highs as stock markets rebound

Investing.com-- Gold prices fell from near record highs in Asian trade on Tuesday as a rebound in stock markets sapped some demand for safe havens, although fragile sentiment still kept the yellow met

Oil prices slump on demand concerns after weak US jobs data

Investing.com-- Oil prices slumped Friday, heading for a fourth straight week of losses, as weak U.S. jobs data added to concerns that slowing economic growth will hit consumption as the year progress

Citi projects that gold physical investment demand will further increase

Gold physical investment demand could further increase in 2024 and next year, Citi strategists said in a Thursday note.