Category: Commodity News

In an annual interim report released last week by the Silver Institute, data shows that silver demand is expected to hit a record high of 16% to 1.21 billion ounces this year, creating the decade’s

On Monday, Gold hovered at around $1,750 levels as traders waited for an update on Fed’s insights into their monetary policy. On Thursday, Fed is expected to release details regarding their previous meeting, which the

Joint Organization Data Initiative (JODI) released some data that indicates that global oil demand for September this year has exceeded that of September 2019 pre-Covid levels. According to the JODI data showed by the Riyadh-based

Nickel falls as much as 12% to $26,610 per ton and closes at $27,532 on Wednesday, as the London Metal Exchange (LME) boosts its surveillance for nickel trading after noticing the extreme volatility in the

Ukraine, one of the world’s top wheat exporters, faces a scarce wheat planting that could potentially affect the global food supply. According to analysts, Ukraine’s harvest was down 40% to 19 million tons of wheat

Nickel reportedly exceeded its daily upper price limit on Monday, as traders offered to sell above the 15% limit for the first time since the March debacle. A disorderly trade on March 8 that pushed

Oil extends its gains on Monday from the last session following the curb of China’s strict Covid protocols, ultimately leading to hopes of economic and demand recovery for the world’s top oil importer. China’s rising

Prices of copper soared on Friday due to hopes of Fed’s slower rate-hike that could boost the industrial metal’s demand. With a weaker dollar due to the softer-than-expected data, the greenback-priced metal became cheaper for