News list for " commodity price"
Gold futures prices rose on the back of safe-haven demand. Nikos Zabouras, a veteran financial commentator at Tradu, believes that gold has solidified its position as the leading safe-haven asset and become an attractive hedge against inflation. Gold prices have risen nearly 10% this year, helped by President Trump's disruptive operating methods, aggressive rhetoric and potential tariffs that could hit global trade and supply chains. In the uncertain "special...
Copper and silver futures in New York surged above international benchmarks as traders ramped up bets that Mr. Trump would impose steep import tariffs on the two metals. New York Mercantile Exchange (COMEX) front-month silver futures traded at a premium of more than $0.80 an ounce to spot silver prices in London on Thursday, near their December peak. COMEX front-month copper also traded at...
U.S. natural gas futures rose more than 8% in the day.
Gold futures prices fell and are set to close lower this week. Ole Hansen, head of commodity strategy at Saxo Bank, said there was a strong rally in precious metals such as gold in the run-up to the US election. However, gold prices fell sharply after a simultaneous surge in the dollar and yields forced prices down. Even so, Hansen believes there is no reason to change their bullish stance on precious metals. In the worst case scenario, the pullback over the past week has been a reversal of week...
CBOT wheat futures rose 2 percent after Ukraine said Russia had attacked grain ships.
Golden Ten Futures July 8th news, as of the close of July 8th, Zhangjiagang market port 24 degrees palm oil mainstream price reference P2409 + 130 yuan/ton or 8030 yuan/ton, down 50 yuan/ton from the previous trading day, a decrease of 0.62%. Today's palm oil base is strong, spot prices fell slightly with the market. The current palm oil price is high, and the downstream willingness to take orders is not strong. However, the cost of palm oil imports is high, domestic prices are inverted, short-t...
