Analysis: Commodities

Tech stocks defy downbeat data as dollar, global equities retreat

The dollar eased and global equity markets fell on Thursday, even as the tech-heavy NASDAQ index touched a record high and looked past the growing signs of prolonged economic weakness. Gold also rose...

In the run-up to U.S. election, drilling lobby promotes natural gas as 'clean'

America's biggest oil and gas lobby group is ramping up its advertising spending ahead of the November election to persuade voters that natural gas is a climate-friendly fuel, according to ad buying...

EU Commission opens anti-dumping probe into Chinese aluminium products

The European Commission on Friday began an investigation into whether China is dumping flat-rolled aluminium products in the 27-country European Union following a complaint.

Gold rush at Turkish bazaar a test of trust for lowly lira

Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's Grand Bazaar as Turks scooped up bullion worth $7 billion in a just a fortnight.

Invesco cuts fees for gold ETF as low-costers gain market share

One of the world's largest gold-backed exchange traded funds , run by asset manager Invesco, has cut the fee it charges investors to compete better with lower cost funds that are increasing their...

Global stocks shake off stimulus doubts, gold goes wild

Stock markets held their own on Wednesday after doubts emerged about fresh U.S. stimulus, while it was another wild day for gold and silver and a tough one for Turkey's troubled lira.

Gold accelerates higher on fragile economic recovery hopes

Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging virus cases continue to pummel the U.S. economy.

Gold strides further above $2,000/oz, dollar weakens

Gold pushed further past $2,000 an ounce on Wednesday in the face of a weak dollar and expectations of more stimulus measures for the pandemic-ravaged global economy, while stocks in Europe and on...

Gold surge, Hastings buyout lift London stocks ahead of BoE meeting

Surging prices for gold and other metals and a $2.2 billion buyout offer for Hastings Group saw London's mid-cap index post its best session in seven weeks on Wednesday, with some upbeat earnings and...

Cheaper cocoa may not be a recipe for lower chocolate prices

Chocolate fans will not necessarily benefit from predictions of a fall in cocoa prices this year. A Reuters poll of London cocoa futures published on Monday forecast cocoa would cost 10% less at the...

Investor gold rush in the west offsets collapse of Asian market - WGC

A record-breaking flood of gold investment that has driven prices to all-time highs was not enough to stop a collapse in jewellery sales from cutting global demand for the metal by 6% in the first...

Equities dip, safe havens rise as U.S. stimulus talks stall

An impasse in U.S. economic stimulus negotiations and mixed corporate earnings reports in Europe pushed global equities lower and sent investors into safe-haven assets like government bonds and gold,...

Gold eyes $2,000 mark in speedy record-breaking run

Gold's record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19's global economic toll, as reflected in dollar weakness,...

Workers, Antofagasta reach labor deal at Chile´s Zaldivar copper mine, strike averted

The union of workers at Antofagasta´s Zaldivar copper mine in northern Chile told Reuters it had reached a contract deal with the Chilean-based miner, averting the risk of a walk-off. ...

Shares retreat globally on U.S.-China tensions, gold soars

Shares worldwide skidded further on Friday as a pickup in U.S. and European business activity did little to ease jitters about rising U.S.-China tensions, while gold broke above $1,900 an ounce on its...

Shares retreat globally on U.S.-China tensions, gold soars

Shares worldwide skidded further on Friday as a pickup in U.S. and European business activity did little to ease jitters about rising U.S.-China tensions, while gold broke above $1,900 an ounce on its...

Shares retreat globally on U.S.-China tensions, gold soars

Shares worldwide skidded further on Friday as a pick-up in U.S. and European business activity did little to ease investors' jitters surrounding Sino-U.S. tensions, while gold kept marching toward a...

Thai coconut milk maker says monkey labour accusation slashed sales

Thai coconut milk producer, Theppadungporn Coconut, suffered a sharp drop in sales after an animal rights groups accused the industry of using monkey labour, an executive said, adding it was auditing...

Fear factor: Investors rush into gold and other havens as stocks near highs

Investors are piling into haven assets such as gold, the Swiss franc and cash as U.S. stocks approach all-time highs, looking to hedge big moves in equities amid economic uncertainty and a resurgent...