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
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
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
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
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.
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
The World Bank forecasted that metal prices would notably increase in the coming years due to the expected surge of the energy transition on economies. The growth of countries recently took a toll on the
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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