Analysis: Commodities

Zijin Gold delays Hong Kong listing by a day due to typhoon

HONG KONG -China's Zijin Gold International said on Wednesday it was delaying its Hong Kong listing debut by a day to September 30 due to a super typhoon sweeping through the city and disrupting...

Ghana study warns of hazardous toxin levels linked to mining as artisanal gold output soars

DAKAR -A boom in artisanal gold mining in Ghana has driven mercury contamination to dangerous levels in host communities, with soil readings in some areas reaching 134 times amounts deemed to be...

High rice prices jolt Indonesia consumers despite good crop, hefty stocks

JAKARTA -Indonesian rice prices hit record highs recently despite a bumper harvest and vast stockpiles after the government raised its purchase price and lowered state-procurement quality standards,...

Malaysia cuts savings estimate from fuel subsidy change to around $950 million annually, report says

KUALA LUMPUR -Malaysia may save up to 4 billion ringgit annually from its move to adjust subsidies for the widely used RON95 transport fuel, state news agency Bernama reported, citing the country's...

Historic gold rally: what is driving the price surge?

Gold prices reached a new high on Monday at $3,728 per ounce, extending a spectacular surge that has seen the precious metal double in value since the end of 2022. Buoyed by a climate of geopolitical...

India premiums hit 10-month high as festive season draws near; China discounts widen

Physical gold premiums in India rose to a 10-month high this week as record prices near a festive season failed to deter investors from buying bullion in anticipation of further gains, while discounts...

Gold uptrend intact, but due for correction before topping $4,000 in 2026

New Delhi -Gold's stellar rally to successive record highs shows every sign of continuing for the rest of the year, but a healthy correction is on the cards before breaching the $4,000 per ounce...

Kazakh miner Solidcore expects gold rally to offset output decline

MOSCOW -Kazakh gold miner Solidcore Resources expects high gold prices and stock sales to offset most of a production decline caused by sanctions-related disruptions to concentrate shipments to...

China seeks feedback on plans to streamline gold import rules

BEIJING -China is seeking public feedback on a proposal to make it easier to import and export gold and gold products by streamlining the licence system, its central bank said on Friday. ...

Gold set for fourth weekly gain on soft US data, Fed rate outlook

Gold prices rose on Friday and were set for a fourth consecutive weekly gain, as mounting concerns over a weakening U.S. labour market eclipsed inflation worries ahead of a widely expected Federal...

Barrick exits Canadian gold mining with over $1 billion Hemlo sale

Barrick Mining said on Wednesday it will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital for up to $1.09 billion. Hemlo has produced more than 21 million ounces of...

Ray Dalio suggests gold as shield for U.S. markets at risk of heart attack

LONDON -Bridgewater founder and former CEO Ray Dalio says gold might be a way to shield investors from unhealthy markets, overburdened with debt. A well diversified portfolio would...

India's equity mutual fund flows off record high as investors shift to gold

Inflows into India's equity mutual funds in August cooled from record highs, as steep U.S. tariffs rattled investors, prompting them to move to safe-haven gold and less risky large-caps. ...

OPEC+ pursues strategy of regaining market share

Another increase in production for OPEC+. Meeting on Sunday, the oil alliance led by Riyadh and Moscow announced the gradual lifting of 1.65 million barrels per day of production cuts, initially...

Flood-hit India, Pakistan face rising basmati prices amid crop losses

MUMBAI/KARACHI -Heavy rains and widespread flooding in basmati rice-growing regions of India and Pakistan have raised concerns over output of the premium staple, driving prices higher as supplies are...

Gold hits record high above $3,600/oz as traders weigh Fed rate-cut bets

Gold's rally extended beyond the $3,600 level for the first time on Monday after soft U.S. jobs data cemented expectations of an interest rate cut by the U.S. Federal Reserve next week. ...

Gold's record-breaking rally: who's keeping it going?

LONDON -Gold prices hit a record $3,728 per troy ounce on Monday, extending a rally that has boosted them twofold since late 2022. Demand is expected to remain robust for some time due to a mix of...

Markets bet big on Goldilocks payrolls number

A look at the day ahead in European and global markets from Kevin Buckland Markets are in buoyant mood, clearly anticipating Friday's hotly awaited U.S. payrolls report will keep the Fed...

Gold heads for best week in three months; US jobs data in focus

Gold rose on Friday and headed for its best week in three months, supported by growing expectations of an interest rate cut by the Federal Reserve this month, as attention turns to the U.S. non-farm...