Analysis: Commodities

Gold edges down on stronger dollar, market awaits US inflation data

Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of a likely September rate cut. ...

'Nature is punishing us': Drought imperils farmers and bees in Mexico's north

In the northern Mexican state of Chihuahua, residents and farmers have anxiously watched and waited for clouds to bring rain to refill dried-out dams, water wells and lagoons. They've waited so far in...

Gold eases as firmer dollar outweighs support from rate-cut bets

Gold prices edged lower on Tuesday following a slight recovery in the dollar, although losses were capped by investor optimism for imminent U.S. rate cuts and lingering concerns about the Middle East...

Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement

Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and...

Gold holds ground on September US rate-cut expectations

Gold prices held ground on Monday, buoyed by a weaker dollar and Treasury yields after U.S. Federal Reserve Chair Jerome Powell's dovish remarks cemented expectations for a September rate cut. ...

Investors rush to money market funds before Fed rate cut, BofA says

Investors poured $37 billion into cash-like money market funds in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in...

Gold poised for weekly fall as Fed's Powell grabs limelight

Gold prices inched up on Friday but were set for a weekly decline, as the U.S. dollar and Treasury yields rebounded ahead of Federal Reserve Chair Jerome Powell's speech that could offer fresh...

US oil export gains slow as output, global demand turn tepid

U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase by the smallest amount since the pandemic at a time when global oil demand...

Gold holds below record high as investors await clarity on Fed cuts

Gold prices were trading below record high levels on Wednesday after a rally fuelled by Western fund inflows and U.S. rate-cut optimism, as investors braced for minutes of the Federal Reserve's latest...

Brent likely to take a hit from soft demand in China, says Goldman

Goldman Sachs on Tuesday said it expected Brent crude prices to fall to $68 per barrel by late 2025 if China oil demand remains flat through end of next year. Brent futures were trading...

Gold steady near record high as investors seek more Fed cues

Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell's speech for indications on how much the central bank will cut rates this...

Oil bears turn cautious as financial market strains ease: Kemp

Investors trimmed their bearish short positions in petroleum after other financial markets steadied following a sudden plunge earlier this month and crude prices found support above $75 per barrel. ...

Positive Market Outlook as U.S. Dollar Slides

A roundup of key agricultural commodity markets for the week of Aug. 19-Aug. 23 by Dow Jones Newswires in Barcelona. By Joe Hoppe GRAINS & OILSEEDS: The macro mood is bullish for...

Oil bears turn cautious as financial market strains ease: Kemp

Investors trimmed their bearish short positions in petroleum after other financial markets steadied following a sudden plunge earlier this month and crude prices found support above $75 per barrel. ...

Gold trades near historic $2,500 mark on Fed rate-cut optimism

Gold prices eased on Monday and hovered around key $2,500 level, as traders locked in profits following bullion's climb to an all-time peak in the previous session on expectations of a U.S. interest...

Crop Watch: Rains quench crops ahead of upcoming dry stretch -Braun

SIOUX FALLS, South Dakota, Aug 18 - U.S. Crop Watch corn and soybeans finally received good rains last week, mostly maintaining crop potential ahead of what looks to be a...

Huge US corn, soy yields will be put to the test by annual crop tour - Braun

Record yield expectations have been laid out for U.S. corn and soybeans, and it will be up to next week’s Pro Farmer Crop Tour to either reinforce or reject this narrative. The crop...

China boosts crude oil stockpiles in July amid weak refining: Russell

Even though its imports of crude oil fell to the lowest in almost two years in July, China continued to boost stockpiles in July as refinery throughput fell for a fourth month. China,...

Chicago soybeans may have found fair market value if demand can be trusted -Braun

Soybean prices were already on their way to a historical downward correction before suspicions of a record U.S. crop were confirmed this week, and the latest price levels could be satisfactory...