COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
16 Oct 2023
Brent holds above $90/b as traders assess Middle East turmoil
Crude oil prices turned slightly lower but held Friday’s 6% gains on the first trading day of the week, as energy traders assess whether the turmoil in the oil-rich...
12 Oct 2023
Gold and silver bounced to monthly highs on a weaker dollar and a dovish Fed
Gold prices hit a fresh monthly high of $1,880/oz this morning, while Silver also rebounded to over $22/oz level, after getting support from the recent U.S. dollar...
09 Oct 2023
Crude oil, dollar, and gold rose on rising geopolitical risk
The Israel-Hamas conflict has been the major price catalyst in the global markets on the first trading day of the week, with crude oil prices jumping 4%, while investors pursued safety on the U
02 Oct 2023
Lithium prices plunged to a two-year low on bearish fundamentals
The price of Lithium- a key ingredient in electric vehicle batteries- hit a fresh two-year low last week on growing concerns about the weaker demand outlook from China,...
28 Sep 2023
Gold fell to a 6-month low of $1,875/oz on a stronger dollar and yields
The price of the yellow metal fell as low as $1,875/oz, or down 1.3% on Thursday morning, posting the lowest level since mid-March 2023 on a surging U.S. dollar and bond...
18 Sep 2023
Brent crude oil hit a 10-month high of $95 on tight supplies and solid demand
OPEC+ production cuts, low global oil inventories, and the surging global petroleum demand have helped the Brent crude oil prices to climb as high as $95/b, while the U.S.-based WTI is trading above...
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