Commodities

Oil prices edge higher on solid US labor data; China demand fears limit gains
August 08, 2024 11:18 PM AEST| By InvestingInvesting.com-- Oil prices rose slightly Thursday, boosted by the release of solid U.S. labor data, providing hope that the world's largest economy was not heading for a hard landing.

European gas prices buoyed by geopolitical risks, not fundamentals
August 08, 2024 10:10 PM AEST| By Investing
Oil could bounce; continue to recommend selling strength: Citi
August 08, 2024 09:38 PM AEST| By Investing
Gold prices steady amid volatile markets, copper sees little relief
August 08, 2024 03:46 PM AEST| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Thursday, recouping some recent losses as increased volatility in risk-driven markets, particularly stocks, kept safe havens relatively well-bid.

Oil prices rise on smaller US inventories, China demand fears limit gains
August 08, 2024 12:04 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday as a sustained drop in U.S. inventories spurred some optimism over sustained demand in the world’s biggest fuel consumer.

Fed rate cuts only bullish for base metals if demand picks up
August 07, 2024 10:20 PM AEST| By InvestingInvesting.com -- The recent pause in the rally of base metals is attributed to a combination of factors, including sluggish growth in China and a weakening US economy, said analysts at BofA Securities

Oil prices rise on improved wider sentiment; demand fears persist
August 07, 2024 10:10 PM AEST| By InvestingInvesting.com -- Oil prices rose Wednesday, helped by the improved wider risk sentiment and raised Middle East tensions, but remained near seven-month lows given persistent concerns over slowing econo

Oil prices rebound over 1% as Middle East concerns persist
August 06, 2024 01:08 PM AEST| By InvestingInvesting.com-- Oil prices rose sharply in Asian trade on Tuesday, rebounding further from recent losses as fears of an all-out conflict in the Middle East largely offset concerns that slowing economi

Oil prices fall sharply on elevated demand fears; volatile trading
August 05, 2024 09:50 PM AEST| By InvestingInvesting.com -- Oil prices fell sharply Monday, extending recent losses in a volatile session as fears of a U.S. recession offset supply worries stemming from mounting tensions in the Middle East.

Gold prices retreat from record highs; recession fears provide support
August 05, 2024 08:12 PM AEST| By InvestingInvesting.com-- Gold prices retreated slightly Monday, but were still trading in sight of record highs as the yellow metal benefited from increased safe haven demand amid heightened concerns over slow

Oil prices rise from 8-mth lows as M. East tensions grow; demand fears persist
August 05, 2024 11:26 AM AEST| By InvestingInvesting.com-- Oil prices rose slightly in Asian trade on Monday as heightened tensions in the Middle East kept some concerns over supply disruptions in play, although gains were limited by fears of

Oil prices settle sharply lower on demand concerns after weak US jobs data
August 03, 2024 05:04 AM AEST| By InvestingInvesting.com-- Oil prices settled sharply lower Friday, succumbing to a fourth straight week of losses, as weak U.S. jobs data added to concerns that slowing economic growth will hit consumption as t

Oil prices rise but head for fourth week in red on demand concerns
August 02, 2024 12:08 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Friday but were headed for a fourth straight week of losses as concerns over slowing economic growth and demand largely offset a brief boost from wors

Oil prices settle lower as US growth jitters offset Middle East tensions
August 02, 2024 04:54 AM AEST| By InvestingInvesting.com-- Oil prices settled lower Thursday, giving up geopolitical-infused gains amid concerns about a slowing U.S. economic growth denting crude demand.

Gold demand diverges, price outlook still Bullish: Citi
August 01, 2024 11:14 PM AEST| By InvestingInvesting.com -- Despite a mixed demand landscape, where official sector and OTC investments shine while China and jewelry markets lag, Citi Global Research remains confidently bullish on gold prices.

Oil prices higher on Israel-Hamas fears, OPEC+ meeting in focus
August 01, 2024 10:42 PM AEST| By InvestingInvesting.com-- Oil prices rose Thursday, extending the previous session's sharp rebound on raised Middle East following the killing of a Hamas leader in Iran, while a group of top producers meet to d

Gold prices keep record highs in sight as Fed talks rate cuts
August 01, 2024 03:40 PM AEST| By InvestingInvesting.com-- Gold prices steadied in Asian trade on Thursday after surging close to record highs in the prior session after the Federal Reserve flagged the possibility of an interest rate cut in Se

Oil prices extend gains on Israel-Hamas fears, OPEC+ awaited
August 01, 2024 01:24 PM AEST| By InvestingInvesting.com-- Oil prices rose in Asian trade on Thursday, extending a sharp rebound from the prior session as the killing of Hamas’ leader in Iran kept fears of a bigger Middle East war largely in

Oil prices jump on elevated Middle East tensions, larger draw in US inventories
August 01, 2024 04:36 AM AEST| By InvestingInvesting.com-- Oil prices rose sharply Wednesday as rising Middle East increased the potential for major disruptions to global supplies and a larger decline in U.S. crude inventories continued to poi

Gold prices rise past $2,400 with Fed, Middle East tensions in focus
July 31, 2024 03:40 PM AEST| By InvestingInvesting.com-- Gold prices rose in Asian trade on Wednesday, encouraged by a softer dollar as traders awaited more cues on interest rate cuts from the Federal Reserve.

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