U.S. copper imports hit 12-year high as LME stocks crash
U.S. importers brought in more than 200,000 tonnes of refined copper in July, the largest monthly volume in twelve years,…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Tether Gold perpetual contracts hit $2 billion in daily volume on Binance
Tether Gold perpetual contracts on Binance now generate roughly $2 billion in daily trading volume, up from about $1.5 million…
Canadian oil producers step back from hedging as crude hits multiyear highs
Canadian oil producers are reportedly pulling back from hedging as crude prices sit near multiyear highs, echoing a move already…
Gold reclaims key moving averages after pullback from $4,450 high
Gold has climbed back above its 100-hour and 100-day moving averages, reaching a high of $4,427.65 after last week's pullback…
Oil rises as Iran rules out extending MOU with U.S., threatens escalation
Crude prices edged higher Monday after Iran's Foreign Ministry ruled out extending its memorandum of understanding with the United States,…
