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Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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3 mins read

Stock markets begin week on a cautious note with key indices slipping into red

The BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Mea…

ANI   


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Why the world is barreling towards a 'food war,' according to one commodity trader

"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO…

Filip De Mott   


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Texas natural-gas prices turn negative despite soaring heatwave temperatures

Traders told Reuters that the negative prices are due to planned pipeline maintenance from Kinder M…

Filip De Mott   


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Lumber prices have plunged 24% as this year's home builder season fails to meet expectations

"Last week's housing report provided confirmation for many that demand is somewhat worse that most …

Matthew Fox   


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Sensex, Nifty scale fresh record high levels on robust FII inflows

Rallying for the sixth straight session, the 30-share BSE Sensex climbed 141.34 points or 0.18 per …

PTI   


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High inflation could be here to stay as commodity prices spike again after a 2-year decline, World Bank says

"Global inflation remains undefeated," said Indermit Gill, the World Bank's senior president, addin…

Yuheng Zhan   


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3 reasons why buying copper right now is the best trade one commodity expert has ever seen

Jeff Currie said copper could gain over 45% in the next few years: "It is the most compelling trade…

Filip De Mott   


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Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices

The producer price index notched its biggest decline since October, boosting hopes that the Fed has…

Filip De Mott   


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Copper prices will extend records and surge another 288% in the coming years, top trader says

"We are moving towards a doubling of demand growth for copper due to the electrification of the wor…

Filip De Mott   


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Gold prices are at yet another record high. That means rate cuts are coming soon.

Gold isn't the only metal that has surged in recent days. Copper and silver have also seen sharp pr…

Filip De Mott   


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Germany has too many solar panels, and it's pushed energy prices into negative territory

Germany has installed a record number of solar panels. But consumers aren't starting to use them fa…

Filip De Mott   


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Oil supply is looking tighter and prices could climb as US production outlook gets cut in half this year, RBC commodities chief says

US oil production growth could be slashed in half this year, down from a million barrels to just 50…

Jennifer Sor   


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Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran

Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…

Huileng Tan   


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Stock market today: US stocks edge up as traders mull cooler private payroll data

ADP data showed the job market slowed in June, with the private payrolls rising just 150,000, below…

Jennifer Sor   


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Stock market today: Stocks close at records as Powell strikes dovish tone and Tesla shares spike

The S&P 500 neared a new record high as stocks were propelled by dovish remarks from Jerome Powell,…

Filip De Mott   


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Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks

Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…

Yuheng Zhan   


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Billionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much

Billionaire hedge fund boss David Einhorn shared his thoughts about why gold has soared this year i…

Yuheng Zhan   


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Stock market today: Indexes cap stellar first half of 2024 with losses even after encouraging inflation report

Stocks edged lower despite market excitement over the latest personal consumption expenditures, whi…

Filip De Mott   


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Stock market today: Indexes rise as traders cheer cooler PCE inflation

The Fed's favorite inflation measure dropped to its lowest level in three years, fueling optimism f…

Jennifer Sor