Analysis: Commodities

China-led funds spur largest monthly inflow into gold ETFs in three years

The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country's trade war with the U.S., data...

South Africa's Gold Fields to buy Australia's Gold Road for $2.4 billion

MELBOURNE -South Africa's Gold Fields will acquire Gold Road Resources in a sweetened deal valuing the Australian miner's equity at A$3.7 billion , as sky-high bullion prices drive a wave of...

Russia hikes 2025 deficit forecast threefold due to low oil price risks

MOSCOW -Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product on Wednesday from 0.5% after reducing the energy revenues forecast by 24% due to...

Record gold prices help keep China's copper smelters going despite losses

SHANGHAI -Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry...

Gold pares losses on rate cut hopes after weaker US economic data

Gold prices pared some losses on Wednesday as bets that the U.S. Federal Reserve will cut rates rose after weaker-than-expected first quarter U.S. growth. Spot gold was down 0.2% at...

The price of gold reaches $3,500 per ounce (+33% in 2025)

Investing in gold is the best way to escape the turbulence of the financial markets in 2025. This morning provided further proof of this. At 8:18 a.m., the price of gold made a symbolic foray into the...

Algeria's Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation

Algerian energy firm Sonatrach signed two memorandums of understanding with U.S. shale company Occidental Petroleum to expand cooperation in hydrocarbon exploration and production in Algeria,...

Chinese gold ETFs April inflows surpass first quarter total, WGC says

Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows registered by U.S.-listed...

Goldman Sachs sees ounce of gold at $3700 by the end of 2025 (+15%)

Goldman Sachs has raised its forecast for the year-end gold price from $3,300 to $3,700 per ounce. The US bank cites stronger-than-expected demand from central banks and recessionary risks as driving...

India inflation in March likely steady after four months of decline

BENGALURU -India consumer prices likely rose around the same rate in March as they did in February following four months of declining inflation, as a sharp rise in gold prices offset flat food...

Goldman Sachs raises year-end gold forecast to $3,700/oz

Goldman Sachs has increased its year-end gold forecast to $3,700 per troy ounce , citing stronger-than-expected central bank demand and heightened recession risks impacting ETF inflows. The...

US bond yields rise, dollar down as turbulent week comes to an end

NEW YORK -Benchmark 10-year U.S. Treasury yields registered their biggest weekly rise in more than two decades on Friday, while the dollar fell, in a turbulent week marked by the trade war and a loss...

US-China tariff war steers gold through $3,200 per ounce

Gold prices vaulted over the $3,200-per-ounce mark for the first time on Friday, as intensifying U.S.-China trade tensions rattled global markets and drove investors into the metal seen as a refuge...

Back to white-knuckle ride in the markets

A look at the day ahead in European and global markets from Ankur Banerjee Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on...

Indian central bank proposes stricter gold loans rules, including monitoring use of funds

MUMBAI -India's central bank on Wednesday proposed stricter guidelines for lenders disbursing gold-secured loans, aiming to enhance underwriting processes, improve collateral management and monitor...

Commodities: full astern!

Every week, the commodities roundup gives you the opportunity to review the latest news on the commodities markets, and to gain a better understanding of price variations in energy, metals and...

Gold rebounds above $3,000/oz over trade war fears, weak dollar

Gold prices rose back above $3,000 per ounce on Tuesday as a weaker U.S. dollar and escalating trade tensions between the world's two largest economies lifted demand for the safe-haven asset. ...

Gold's current rally: echoes of the 1980s with a more sustainable core

Gold's latest gallop to all-time highs has drawn comparisons with the last time political and economic turmoil were the main drivers of record prices, back in 1980. But market players say the nature...

Gold slips as investors opt for dollar amid escalating trade war concerns

Gold prices fell more than 2% on Monday, with investors turning to the dollar as a safe haven after sweeping U.S. tariffs raised fears of a global recession. Analysts, however, remained...