Gold set to trade the Hormuz escalation as a rates story before a safe-haven one
Gold and silver reopen in Asian trade on Monday into a fresh escalation around the Strait of Hormuz, but the...
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold Holds Above $4,100 as U.S.-Iran Tensions and Fed Split Steer the Next Move
Gold is trading above the key $4,100 level as renewed U.S.-Iran tensions lift safe-haven demand and traders wait on U.S....
Natural Gas Breaks Below $3 as Cooler Weather and Storage Build Weigh on the Market
August Nymex natural gas broke below $3 and settled at $2.94, a third straight losing session, after cooler U.S. weather...
Westpac Cuts Brent Crude Forecast to $83 as Gulf Exports Recover
Westpac has cut its Brent crude oil forecasts after shipping through the Strait of Hormuz recovered faster than expected. The...
First Majestic Silver to Sell Idled San Martin Mine for $90 Million
First Majestic Silver has agreed to sell its idled San Martin mine in Mexico to Flextronics Supply and Service for...
