Commodities

Gold prices hit record highs ahead of CPI data, copper gains

Investing.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

Investing.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

Investing.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

Oil prices surge ahead on tight supplies; OPEC+ maintains output levels

Investing.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

Gold prices hit record highs near $2,300 as Taiwan quake dents risk appetite

Investing.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

Investing.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

Crude 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

The 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

Gold prices pause ascent but maintains bullish momentum below record highs

Investing.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

Oil prices settle higher as supply concerns rise on fresh geopolitical tensions

Investing.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 rise, set for strong quarter amid bets on tighter supplies

Investing.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.

Gold prices in sight of record highs; copper rebounds on China cues

Investing.com-- Gold prices steadied in Asian trade on Thursday, sitting near record high as traders bought into the yellow metal ahead of more cues on U.S. inflation and interest rates.

Oil prices rise, set for strong Q1 amid bets on tighter supplies

Investing.com-- Oil prices rose in Asian trade on Thursday as bets on tighter supplies, especially amid lower Russian production, put crude on course for a strong first quarter in 2024.

Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Investing.com -- Oil prices could rally to $100 a barrel as soon as September following Russia's shift to cut production, though the U.S. is likely to tap its emergency oil reserves to keep a lid on p

Gold prices rangebound as dollar reigns before more rate cues

Investing.com-- Gold prices kept to a tight range in Asian trade on Wednesday, as an overnight rebound was largely stalled by strength in the dollar before more key signals on inflation and interest r

Oil prices slide on signs of bumper build in US inventories

Investing.com-- Oil prices fell Wednesday after industry data showed a surprise, outsized build in U.S. crude stocks, challenging the notion of tighter markets in the near-term.

Oil Inventories rise 9.3M barrels last week in surprise swell: API

Crude Oil WTI Futures, the U.S. benchmark, traded at $81.25 a barrel following the report after settling down 0.4% at $81.62 a barrel.

Oil prices settle lower as stronger dollar offsets tight supply bets

Investing.com -- Oil prices settled lower Tuesday as a stronger dollar weighed on sentiment and overshadowed expectations for tighter supplies, driven by geopolitical tensions.