Category: Commodity News

TMN-Gold
Commodity News

Gold Price Surges as Mideast Conflict Offsets Dollar

On Thursday, gold rose as Middle East tensions offset the solid dollar after investors softened their forecasts for another US Fed interest rate reduction. In the Asian afternoon session, the yellow metal’s futures for December

Coffee
Commodity News

Coffee Prices Slide Amid Rain Raises Crop Outlook in Brazil

On Tuesday, coffee prices shrunk on reports that rainfall in Brazil has boosted moisture levels and assisted the commodity’s tree flowering, improving the country’s crop prospects. In the Asian afternoon session, US crop futures for

Five essential farm commodities saw double-digit growth in March exports
Commodity News

CFTC Charges Two Firms in $3.6M Investment Fraud Case

Quick Overview CFTC Charges: The CFTC has accused two firms and multiple individuals of a $3.6 million investment fraud targeting 30+ investors. Fraudulent Scheme: The accused promised high returns (10%-30%) through fake trading accounts, misleading

Commodity News

Cocoa Prices Plummet Due to Chocolate Demand Worries

On Monday, cocoa prices declined due to tighter supplies and fears of chocolate demand, which battered its prices. In the Asian afternoon session, the commodity’s futures for December delivery in the closed session plummeted by

OPEC+ will increase oil production next month
Commodity News

Oil Rise on Mideast Tension Fears Amid Israel Boosts Attacks

On Monday, oil prices surged due to rising concerns over possible supply pressures from Middle Eastern producers after escalated assaults on Iranian-backed forces in the region. In the Asian afternoon session, Brent futures for December

Commodity News

Oil Dips on Solid Supply Hopes, China Stimulus Curbs Losses

On Friday, oil prices plummeted amid prospects of solid yield from Libya and OPEC+, despite China’s new stimulus having restricted losses. In the Asian afternoon session, Brent futures for December contracts declined by -0.18% to

Commodity News

Sugar Prices Increase on Brazil Crop Concerns

On Wednesday, sugar prices surged as Brazil experienced drought weather conditions, cutting Brasilia’s output forecast and pushing costs for over two weeks. In the Asian morning session, US sugar futures for October contracts closed the