Category: Commodity News

gold
Commodity News

Gold Down- U.S. Jobs Data, Oil Down

Gold fell in Asia on Tuesday morning. Investors awaited the latest U.S. jobs report to forecast the Federal Reserve’s next policy move. Gold futures fell 0.49 per cent to $1,813.35 per ounce but remained over

gold
Commodity News

Gold Up- The U.S Federal Reserve

Gold rose to its highest level in almost a week in Asia on Thursday morning. In its most recent policy decision, the Federal Reserve of the United States did not specify a date for its

oil
Commodity News

Oil Up Over Draw in U.S. Crude Supplies

Oil prices rose in Asia on Wednesday morning. They were lifted by a drop in U.S. oil supplies, which bolstered forecasts that fuel demand will surpass supply increases. However, an increase in COVID-19 instances around

China Steel Export Tariffs Considered

China is considering increasing taxes on steel exports to fulfil the twin aims of limiting domestic output and taming rising costs, fueled inflation fears. According to two persons familiar with the situation who asked not

gold
Commodity News

Gold Up, Fed Meeting on Investors

On Monday morning, gold was higher in Asia. The US dollar is holding steady, and investors anticipate the Federal Open Market Committee’s (FOMC) policy announcement later this week. By 12:52 a.m. ET (4:52 a.m. GMT),

Avocado market
Commodity News

Global Bioplastics Market Review

The bioplastics market expects to grow by USD 76.12 billion between 2021 -2025, CAGR of 28.05 per cent during the forecast period. The bioplastics market report provides a comprehensive update, market size and forecast, trends,

gasoline
Commodity News

Nord Stream-2 Pipeline Agreement

The United States and Germany have reached an agreement on the contentious Nord Stream 2 Pipeline. According to the U.S. State Department, they are clearing the way to complete the Russian gas pipeline and handing

Gold and Silver
Commodity News

Gold Prices Recovered from Losses

Concerns over recent COVID-19 outbreaks involving the Delta form in numerous nations boosted the safe-haven yellow gold on Tuesday morning in Asia. Gold prices recovered from Monday’s early losses in the evening session. According to