Category: Commodity News

Gold rises and the dollar and yields also go up
Commodity News

Gold Rises and The Dollar and Yields Also Go Up

Gold futures acquired 0.48% to $1,882.65 by 12:36 AM ET (4:36 AM GMT). The dollar, which typically moves inversely to gold, crept up on Tuesday after dropping from near 20-year highs. The Chinese yuan, which

TMN - Natural gas
Commodity News

Natural gas prices dwindle on stockpile boost

On Friday, natural gas prices declined as European countries replenished their stockpiles, easing concerns over tight supply. Futures tied to the commodity edged down 4.01% or 0.34 points to $7.97 per metric million British thermal

Coffee
Commodity News

Coffee prices tick lower as fears of Brazil frost ease

On Thursday, coffee prices sharply edged down as investors’ worries about frost risks in top producer Brazil began to recede. Arabica futures plummeted 4.19% or 9.52 points to $217.68 per metric ton. Consequently, robusta contracts

Crude
Commodity News

Crude oil jumps on hopes of Chinese demand recovery

On Wednesday, crude prices edged up on the higher hopes for the recovery of demand from top importer China. Brent oil futures gained 1.21% or 1.35 points to $113.15 per barrel. The international benchmark came

Coffee
Commodity News

Coffee prices soar on frost risks in Brazil

On Tuesday, coffee prices stepped up due to the ramped-up risks of frost in the top producer Brazil which could damage the country’s crop. The most active contract of arabica beans notched a 3-week high.

TMN - Wheat
Commodity News

Wheat prices skyrocket as India bans exports

On Monday, wheat prices significantly soared after India, one of the top producers, banned exports amid the scorching heatwave in the country. The most active futures tied to the grain jumped 5.22% or 61.60 points

TMN - Copper
Commodity News

Copper prices rebound as Chinese covid cases ease

On Thursday, copper prices clawed back after skidding to their lowest in almost eight months. The recovery came after the slowing coronavirus infections in top metals consumer China, easing near-term demand concerns. Copper futures for

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