Commodities

Comex silver seen heading back to London due to record spot prices

LONDON -Silver that flooded into the United States earlier this year due to fears of tariffs on imports is likely to head back to the London physical market, where shortages of available metal drove...

Gold takes a breather after safe-haven demand fuels record run

Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the $4,000 level for the first time ever on economic and geopolitical uncertainties and...

Silver rises to all-time high, tracking gold's record-breaking rally

Silver soared to a record high on Wednesday, riding the coattails of gold's unprecedented rally above the $4,000/oz level earlier in the session. Spot silver was up 3.5% at $49.54 per...

HSBC raises 2025 average silver price forecast to $38.56 per ounce

HSBC on Wednesday raised its average silver price forecasts for 2025 to $38.56 per ounce from $35.14 citing expectations for high gold prices, renewed investor demand, and anticipated volatile...

Gold crosses $4,000 for first time, building on historic rally

Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest...

Asian stocks reverse losses as China tech roars back

SINGAPORE -Stocks in Asia rebounded on Wednesday, shaking off earlier Wall Street-led losses as renewed enthusiasm for artificial intelligence and semiconductors breathed fresh life into China's...

Historic gold rally: what is driving the price surge?

Gold prices reached a new high on Monday at $3,728 per ounce, extending a spectacular surge that has seen the precious metal double in value since the end of 2022. Buoyed by a climate of geopolitical...

Kazakh miner Solidcore expects gold rally to offset output decline

MOSCOW -Kazakh gold miner Solidcore Resources expects high gold prices and stock sales to offset most of a production decline caused by sanctions-related disruptions to concentrate shipments to...

OPEC+ pursues strategy of regaining market share

Another increase in production for OPEC+. Meeting on Sunday, the oil alliance led by Riyadh and Moscow announced the gradual lifting of 1.65 million barrels per day of production cuts, initially...

Markets bet big on Goldilocks payrolls number

A look at the day ahead in European and global markets from Kevin Buckland Markets are in buoyant mood, clearly anticipating Friday's hotly awaited U.S. payrolls report will keep the Fed...

Trading Day: Rallying into payrolls

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. equity and bond prices rose on...

Bond markets rattle as Xi's tanks roll

A look at the day ahead in European and global markets from Rocky Swift A day after U.S. President Donald Trump re-emerged in the Oval Office to dispel rumours about his health, Chinese...

Lurpak maker Arla says softer consumer sentiment hits sales of core products

COPENHAGEN -Dairy producer Arla's sales for the first half of the year rose by 13% though sales of its key products such as Lurpak butter and Castello cheese fell. High commodity prices...

China extends probe into EU dairy products as trade tussle goes on

BEIJING -China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, one front in a wider trade war with Brussels and Washington. Trade...

Investors react to US-Russia summit reaching no agreement

NEW YORK -Following are reactions from world leaders to the summit on Friday between U.S. President Donald Trump and Russian President Vladimir Putin, which did not resolve Moscow's war in Ukraine. ...

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs

U.S. President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up...

Swiss cheesemakers fear for US sales if hit by tariffs

Yverdon-Les-Bains, Switzerland -Swiss cheese producers are bracing for a steep drop in U.S. sales after President Donald Trump announced a 39% tariff on Swiss imports due to take effect on Thursday. ...

Commodities: Tariffs shake up copper

Every week, our commodity overview reviews the latest news from the commodity markets to better understand fluctuations in the prices of energy, metals, and agricultural commodities.

Oil market reflects slim chance of supply disruption, Goldman analysts say

Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on Thursday. ...