Category: Commodity News

Gold prices bounced back the $1,800 level on Tuesday, having fallen below key levels earlier in the day as concerns over higher interest rates and a possible global recession next year prompted investors to seek

Oil prices edged higher on Monday as a potential for demand recovery due to China’s less strict COVID control measures and the US’s move to repurchase oil for the Strategic Petroleum Reserve (SPR) beat concerns

On Friday, wheat prices rose after Argentina’s Rosario Board of Trade (BCR) cut its production forecast for the 2022-2023 harvest season. The commodity’s contract for March delivery was trading higher by 0.30% to $760.00 per

On Thursday, oil prices fell after TC Energy Corp’s Keystone pipeline resumed operation and following a report of an increase in the US crude inventory. The West Texas Intermediate (WTI) futures for January delivery plunged

On Wednesday, copper prices soared due to weak US core inflation data and supply disruptions in the copper mines in Peru. The red metal’s futures for March delivery were trading higher by 0.42% to $3.86

US wheat price rose on Tuesday amid Ukrainian export worries and concerns about weather conditions hindering the supply. Chicago wheat futures for March delivery were trading higher by 1.01% to $762.60 per metric ton on

Chicago soybean futures fell on Monday following the US Department of Agriculture’s (USDA) predicted a higher global inventory. The Western soy futures for January delivery fell by 1.44% to $1,461.62 per metric ton on December

On Friday, the Chicago soybean soared to its three-month high amid increasing expectations for strong Chinese demand. The US soy futures for January delivery were trading higher by 0.26% to $1,489.88 per metric ton on