
Gold Bounces Back After Dovish Powell Speech
On Thursday, gold prices rebounded after Federal Reserve Chair Jerome Powell emphasized the need for monetary tightening to combat inflation. Gold futures for December delivery rose by 0.30% to $1,963.65
On Thursday, gold prices rebounded after Federal Reserve Chair Jerome Powell emphasized the need for monetary tightening to combat inflation. Gold futures for December delivery rose by 0.30% to $1,963.65
On Wednesday, coffee surged as unpredictable weather patterns caused by El Niño led to reduced harvest yields and dwindling inventories. US coffee C futures for December delivery closed 2.77% higher
On Tuesday, sugar prices fell following a 12-year high, dragged down by the unexpected sharp decline in crude oil. US sugar #11 futures for March delivery lowered by -1.47% to
Live cattle closed higher on Monday, while lean hog finished lower as consumers switched to cheaper pork from pricier beef. The Chicago Mercantile Exchange (CME) live cattle futures for December
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