Commodities

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Price drop of rhodium is temporary and may rebound soon

14.05.2020

The prices of rhodium have been very volatile. The metal’s price increased from$1,870 to peak at $12,700 in early March 2020. In the last 23 days, rhodium saw a drop

Australia will overhaul China as the world’s first gold producer

13.05.2020

During the coronavirus pandemic, the gold industry is producing huge gains. It is affecting many other industries around the globe. The precious metal prices have been on the rise for

Gold and silver surge while US stock market rally

07.05.2020

The precious metals has been seeing gains along with the US stock market. A weaker US dollar index has also supported precious metals market bulls. June gold futures increased by

Oil up nearly $25, and it is for the first time middle of April

06.05.2020

A couple of prominent shale producers said that oil at around $30 might be enough to revive shale activity. Diamondback Energy Inc is going to curtail production by 10% to