AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Commodities
American and German physical silver markets violently diverge in H1 2023
July 23, 2023 12:26 AM AEST| By InvezzPhysical precious metals made up the bedrock of ‘value’ in commerce for much of human history. The oldest silver coins discovered date back to the 6th and 7th century BC, with successful digs across areas as widespread as Greece, Turkey,...
Olive oil price surge could worsen as Europe heat wave continues
July 19, 2023 11:50 AM AEST| By InvezzInflation is easing in most developed countries, helped by falling demand, weaker US dollar, and increased production. Prices of staple agricultural commodities like wheat, corn, and soybeans have also retreated this year. Olive oil prices, though, a...
Shell share price forms a triangle as focus shifts to July 27
July 17, 2023 08:10 PM AEST| By InvezzShell (LON: SHEL) share price is having a difficult year as investors watch the performance of crude oil and natural gas prices. The stock was trading at 2,320p on Monday, a few points below last week’s high of 2,370p. In all, the stock has ris...
Palm oil price forecast as the El Nino weather event takes shape
July 17, 2023 06:10 PM AEST| By InvezzPalm oil prices have drifted upward this month as investors focus on Indonesia’s export restrictions and El Nino trends. Malaysia’s palm oil was trading at MYR 3,902 on Monday, higher than the year-to-date low of MYR 3,200. Still, the pri...
Palladium and platinum prices forecast: Will this recovery last?
July 14, 2023 04:09 AM AEST| By InvezzPalladium and platinum prices have bounced back in the past few days even as concerns about demand continued. Platinum has jumped from the year-to-date low of $880 to the current $960. Similarly, palladium has risen from $1,198 to $1,300. The two met...
Gold price forecast after rising 4.93% in the first half of the year
July 12, 2023 08:50 PM AEST| By InvezzThe first half of the trading year is behind us, and commodities have underperformed. Only two have recorded a positive return over the period – gold and lithium. Lithium gained 10.81% on the back of strong demand for electric vehicles. It is a key c...
SPDR Gold Shares (GLD): Is this gold ETF a good investment?
July 12, 2023 04:24 PM AEST| By InvezzThe SPDR Gold Shares (GLD) ETF has retreated recently ahead of the upcoming US consumer inflation data. GLD was trading at $180 on Tuesday, about 6.45% below the highest level this year. Similarly, the gold price has dropped from an all-time high of...
Nickel price to average $21,000 in Q3 as supply soars – ING
July 12, 2023 02:16 AM AEST| By InvezzNickel price has underperformed the market this year, making it the worst-performing metal in the London Metal Exchange (LME). The metal dropped to a low of $19,937 this year, about 27% below the highest point in March. Supply and demand concer...
Silver price breaks and retests ahead of US inflation data
July 11, 2023 06:31 PM AEST| By InvezzSilver price has drifted upwards in the past few days as investors react to the falling US dollar index (DXY). The precious metal’s price rose to a high of $23.34, the highest level since June 20th. It has risen by over 5% from the lowest level...
Wheat price braces for a bumper Russia, EU, India harvest
July 07, 2023 04:16 PM AEST| By InvezzWheat prices have erased most of the gains made last month as investors watch the upcoming grain deal expiry. After peaking at $752 in June, the price has plunged by more than 15% to $638, meaning it has moved into a correction. Erdogan and Zel...
Copper prices can surge ten times – billionaire investor says
July 06, 2023 08:50 PM AEST| By InvezzCopper prices have come under intense pressure in the past few months as concerns about demand continued. The metal was trading at $3.75, where it has been at recently. This price has dropped by more than 13% from its highest level this year. Demand...
Government of India releases first list of 30 critical minerals
July 04, 2023 09:32 PM AEST| By InvezzLast week, the Government of India’s Ministry of Mines, released its highly anticipated Report of the Committee on Identification of Critical Minerals. Drawing upon the combined American, European, and Australian experience of critical materials poli...
Global X Uranium ETF: URA is a good buy if it crosses this price
July 04, 2023 06:55 PM AEST| By InvezzUranium prices are doing well in 2023 as other commodities recoil. The closely watched Global X Uranium ETF (URA) has jumped by over 18% from its lowest level this year. It has underperformed the spot Uranium price, which has jumped by over 18% year-...
Saudi Arabia and Russia to extend oil supply cuts to August
July 04, 2023 01:20 AM AEST| By InvezzOil prices ticked up today after Saudi Arabia confirmed plans of extending its voluntary supply cuts to August. Saudi Arabia to cut oil supply by 1 million bpd On Monday, the de-factor leader of the petroleum exporting countries said it...
Anglo American, Glencore, Rio Tinto share prices tumble as commodities sink
June 23, 2023 11:55 PM AEST| By InvezzThe commodities supercycle that happened during the pandemic has faded as concerns about China’s recovery ease. As a result, most commodiy prices have dropped in the past few months. The closely-watched Invesco Commodity Index Tracking Fund (DB...
