Oil had a remarkable week, rising 13% as OPEC+ cut production and US SPR fell to the lowest levels in nearly 40 years. Crude technicals also showed a bullish breakout.
Switzerland has recently come under fire for continuing to import illegal gold from Venezuela and the Amazon Basin
Gold futures continue on a downward spiral amid persistent monetary tightening. What is the forecast for gold futures? Read on.
The XME has dropped more than 22% since the end of June subdued by softening global demand and high interest rates
The S&P 500/gold ratio is a useful barometer for assessing risk appetite in financial markets. A sharp slowdown in the US economy could send the ratio lower in the coming months.
Reduced output to support corn futures as demand growth seen stagnant.
Weak demand outstrips supply constraint in 2022
Uniper is currently controlled by Finnish state-owned energy company Fortum
Coal prices remain elevated amidst ban imports on Russia and supply challenges with the other top mining countries
Silver, which has been hovering around a 2-year low for a while now, has just crossed $20
Rising interest rates, strengthening US dollars weighs on silver futures
Global commodities had mixed performances this week. Metals have been aided by a dollar weakening, while energy suffered recent political developments.
European gas prices soar, but remain below August's record high, as Russia closes major pipeline
The VanEck Gold Miners ETF (GDX) has fallen about 45% since April 2022, pressured by lower gold prices
Will Germany return to nuclear power to plug the Russian gas gap?