Analysis: Commodities

Gold slips on strong dollar, U.S. stimulus doubts

Gold fell below the key psychological level of $1,900 on Monday to its lowest in more than a week, pressured by a firmer dollar and stalled progress in talks for a new U.S. coronavirus aid package. ...

Exclusive: China eyes more corn imports as shipments surge, set to become top buyer

China's government is discussing permits for millions of tonnes of additional corn imports over the next year, three industry sources told Reuters, amid a surge in animal feed demand and after storms...

India gold premiums rise as jewellers boost festive stocks

Gold premiums in India jumped to their highest in nearly three months this week, as jewellers continued to stock up on hopes of more customers visiting stores as the festive season gathers pace....

Barrick Gold plans to expand exploration in Tanzania

Barrick Gold Corp said on Friday Tanzania has awarded 10 new exploration licenses to the Canadian miner and it plans to spend $8 million to carry out exploration in the country this year....

S.Africa's Sibanye-Stillwater reaches wage agreement at Kroondal platinum

South African miner Sibanye-Stillwater said on Friday it had signed a three-year wage agreement with unions at its Kroondal platinum operations. ...

Gold falls 1% on resilient U.S. jobs data, dollar recovery

Gold retreated 1% to near $1,900 an ounce on Thursday on better-than-expected U.S. jobs data, with appeal of the metal further weighed down by a stronger dollar and doubts over a U.S. stimulus package...

Gold jumps 1% as U.S. relief deal bets grow, dollar retreats

Gold rose 1% to its highest in over a week on Wednesday as investor optimism that a U.S. coronavirus aid package will be announced before the Nov. 3 presidential elections pressured the dollar and...

Kinross Gold reaffirms production growth on rising output, falling costs

Canadian gold miner Kinross Gold Corp said on Tuesday it expects to produce about 2.5 million gold equivalent ounces annually from 2020-2029, citing growing output across its mines and declining...

Swiss gold exports to Asia tumble as bullion flows to London

Switzerland's gold exports to China and India dwindled in September, with the country instead importing record volumes of bullion from Hong Kong and sending metal to Britain, customs data showed on...

Gold rises on dollar dip, hopes for U.S. relief package

Gold rose about 1% on Monday as the dollar retreated and expectations for a U.S. stimulus deal ahead of the Nov. 3 presidential elections bolstered bullion's appeal as an inflation hedge. Spot...

India needs to export 6 million T sugar as output rebounds: trade body

India needs to export 6 million tonnes of sugar in 2020/21 marketing year started on Oct. 1 as the production is set to jump on higher area, a leading trade body said on Monday....

Brazil suspending tariffs on corn and soy until 2021

Brazil will suspend tariffs on corn and soy imports from countries outside the Mercosur trade bloc until early next year to help reduce food prices that are pushing up inflation, the economy ministry...

Gold set for weekly decline as U.S. stimulus hopes ebb

Gold fell and was on the way to its first weekly decline in three weeks on Friday, as fading chances of a U.S. stimulus agreement before the Nov. 3 presidential election dented the metal's appeal as...

Pfizer vaccine hopes lift world stocks; dollar, gold on the defensive

Global shares bounced on Friday while safe havens such as the dollar were on the defensive as investors welcomed news that drugmaker Pfizer Inc could have a coronavirus vaccine ready in the United...

Indian gold dealers stock up, hope to usher in festive glitter

Physical gold dealers in India continued to stock up this week ahead of an expected festival sales bump, while the Golden Week in top consumer China did little to revive bullion demand. ...

India's September palm oil imports slump 27% on tepid demand - trade body

India's palm oil imports in September fell 27% on-year to their lowest in three months, due to lean demand from hotels and restaurants, while soyoil purchases jumped 28% in the month on higher...

Gold edges up after Trump offers larger U.S. stimulus

Gold prices inched up on Thursday after U.S. President Donald Trump reignited hopes of a coronavirus stimulus package before the Nov. 3 elections, however, a strong dollar kept the metal's gains in...

Barrick Gold expects nearly 11% drop in third-quarter gold output

Barrick Gold Corp on Thursday estimated a 10.8% drop in third-quarter gold production as the miner's Porgera project in Papua New Guinea remained shut during the period....

S.Africa's Northam Platinum buys back more Zambezi Platinum preference shares

South Africa's Northam Platinum on Thursday said it had bought back 3.5 billion of preference shares from its Zambezi Platinum empowerment vehicle, taking its stake to 70% from less than half....