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Commodities

Commodities

Gold rallies on concern Saudi attack may presage wider conflict

Sep 16 2019 09:41

Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East.

Commodities

Gold may crack $1 600 as Fed seen cutting rates four more times

Sep 04 2019 08:00

Gold will surge above $1 600 an ounce as the Federal Reserve embarks on a quartet of interest rate cuts to combat slowing US growth and the fallout from the trade war with China, according to BNP Paribas SA.

Gold Last updated: 17/09/2019 05:59 Return YTD 1498,501.28(0.09%)
Silver Last updated: 17/09/2019 05:59 Return YTD 17,840.04(0.22%)
Platinum Last updated: 17/09/2019 05:59 Return YTD 930,000.00(0.00%)
Commodities

Oil steadies as drop in US stockpiles tempers economic worries

Aug 21 2019 12:04

Oil held steady after a reported drop in US crude inventories alleviated some of traders’ concern that slowing economic growth will diminish demand.

Commodities

Oil rises after drone attack on Saudi Arabia disrupts Gulf calm

Aug 19 2019 08:56

Oil rose for a second day after a drone attack on a Saudi Arabian oil field brought geopolitical risks back into focus, and as the prospect of more US-China trade meetings spurred some investor optimism.

Commodities

Gold tops $1 500 as investors seek shelter from gathering storm

Aug 08 2019 12:52

Gold futures rallied above $1 500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.

Commodities

Iron ore bulls take to their heels as futures plummet below $100

Aug 05 2019 10:52

Iron ore has gone from high-flier to sinking star in a matter of weeks. The commodity that lit up the first half with a stunning rally dropped back below $100 a ton as supplies pick up, mills’ profitability falls and investors dump raw materials amid the escalating trade war.

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