Gold hits one-week peak on geopolitical risks, rate-cut bets

Gold hits one-week peak on geopolitical risks, rate-cut bets

Gold prices scaled a one-week peak on Thursday, steered by simmering Middle East tensions and cooler U.S. economic data that fuelled fresh bets on Federal Reserve rate cuts. Spot gold...
June 13, 2025 at 02:21 am
US immigration raid of Omaha meat plant cuts staff, fuels food production worries

US immigration raid of Omaha meat plant cuts staff, fuels food production worries

CHICAGO -U.S. meat producer Glenn Valley Foods was operating an Omaha, Nebraska, facility with about 30% of its staff on Wednesday after federal agents detained workers in an immigration raid the...
June 12, 2025 at 05:15 am
Towards a decline in US oil production in 2026?

Towards a decline in US oil production in 2026?

After years of growth in oil production in the United States, a reversal of this trend appears to be on the cards for 2026. While Donald Trump was aiming for an increase of three million barrels per...
Our Logo June 11, 2025 at 06:18 pm
Why is platinum soaring?

Why is platinum soaring?

The rare metal has jumped by 30% since the beginning of April, now approaching $1,300/ounce. Behind this surge, several fundamental factors are converging to support demand at a time when supply is...
Our Logo June 11, 2025 at 06:02 pm
Commodities:  Copper nears its annual high

Commodities: Copper nears its annual high

Every week, our commodity market overview reviews the latest news from the commodity markets in order to better understand fluctuations in the prices of energy, metals, and agricultural commodities.
Our Logo June 11, 2025 at 03:39 pm
Gold prices edge down as traders monitor US-China talks

Gold prices edge down as traders monitor US-China talks

Gold prices edged lower on Tuesday as traders closely monitored U.S.-China talks, the outcome of which could simmer down trade tensions and boost the global economy, lessening demand for safe-haven...
June 11, 2025 at 01:43 am
India slashes interest rates, but who will borrow?

India slashes interest rates, but who will borrow?

MUMBAI -India's central bank is rolling out aggressive monetary easing to revive consumption and investment in the world's fifth-largest economy, but the payoff hinges on whether banks ramp up credit...
June 10, 2025 at 06:09 pm
Japan to release 200,000 more tons of emergency rice to curb prices

Japan to release 200,000 more tons of emergency rice to curb prices

TOKYO -Japan will release another 200,000 metric tons of rice from its emergency stockpile to tackle a doubling of prices since last year, Agriculture Minister Shinjiro Koizumi said on Tuesday. ...
June 10, 2025 at 10:10 am
Gold edges higher with spotlight on US-China trade talk

Gold edges higher with spotlight on US-China trade talk

Gold prices edged higher on Monday, supported by a weaker U.S. dollar, as market participants kept a close eye on the ongoing U.S.-China trade talks. Spot gold rose 0.8% to $3,335.02 an...
June 10, 2025 at 02:16 am
Japan says emergency rice imports, other options considered to stabilise prices

Japan says emergency rice imports, other options considered to stabilise prices

Japan said on Friday that all options were being considered to stabilise rice prices, including the use of up to 100,000 metric tons of tariff-free staple rice the government imports a year, and...
June 06, 2025 at 01:17 pm
Central banks on track for 4th year of massive gold purchases, Metals Focus says

Central banks on track for 4th year of massive gold purchases, Metals Focus says

Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into...
June 05, 2025 at 05:06 pm
Safe-haven gold rises on weak data, simmering uncertainty

Safe-haven gold rises on weak data, simmering uncertainty

Gold rose 1% on Wednesday, supported by a softer dollar and weak U.S. data, as investors grappled with mounting economic and political uncertainty. Spot gold climbed 0.8% to $3,378.22 an...
June 05, 2025 at 02:31 am
Gold falls from near four-week peak on firm dollar, traders eye Trump-Xi call

Gold falls from near four-week peak on firm dollar, traders eye Trump-Xi call

Gold fell nearly 1% on Tuesday after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese...
June 04, 2025 at 02:47 am
Oil Rises on OPEC+ Plan and Canadian Wildfires

Oil Rises on OPEC+ Plan and Canadian Wildfires

Oil prices surged nearly 3% on Monday, driven by supply concerns stemming from Canadian wildfires and a measured production increase from OPEC+. The producer group reaffirmed its plan to raise output...
Our Logo June 03, 2025 at 04:46 pm
Japanese consumers scramble to grab cheap rice; government ready to release more

Japanese consumers scramble to grab cheap rice; government ready to release more

Japan's farm minister said on Tuesday the government stood ready to offer more stockpiled rice as consumers formed long queues to snatch up cheap, emergency-use grain made available through some...
June 03, 2025 at 02:51 pm
Mali court adjourns hearing on whether to put Barrick's gold mines under provisional administration

Mali court adjourns hearing on whether to put Barrick's gold mines under provisional administration

BAMAKO -A Malian court has adjourned to Thursday a hearing on whether to put Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, the court's registry office and one of the...
June 02, 2025 at 10:58 pm
How flesh-eating screwworms in cattle could raise US beef prices

How flesh-eating screwworms in cattle could raise US beef prices

New World Screwworm, a devastating parasite that eats cattle and other wild animals alive, is traveling north from Central America to Mexico and has crept past biological barriers that kept the pest...
June 02, 2025 at 06:07 pm
Magnet exports slowed in China, rare earths in question

Magnet exports slowed in China, rare earths in question

Chinese customs are slowing down shipments of certain low-performance rare earth magnets used in consumer electronics and household appliances due to confusion over the application of new export...
Our Logo May 27, 2025 at 04:32 pm
Oil prices rise amid tensions between Israel and Iran

Oil prices rise amid tensions between Israel and Iran

Oil prices rose more than 1% on Wednesday morning, boosted by reports of a possible Israeli attack on Iranian nuclear facilities. Such a scenario is reigniting fears about crude supplies in a region...
Our Logo May 21, 2025 at 05:08 pm
Chanel to keep investing despite choppy luxury market

Chanel to keep investing despite choppy luxury market

PARIS -French luxury group Chanel will continue to invest heavily this year, drawing on its deep pockets as other sector players pull back, with plans for new stores in China and the United States,...
May 21, 2025 at 05:52 am