North American Gold ETF Buying Surges to $7.7 Billion in August as Fed Rate Hike Tests the Rally
North American gold ETFs pulled in $7.7 billion in August, up from just $71 million in July, pushing global gold…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Oil Slides as China Presses Iran to Rein In Houthi Attacks
US crude futures fell back below $100 a barrel after China reportedly pressed Iran to help rein in the Houthis…
Aramco Hunts for Mediterranean Diesel Supply After Refinery Attacks
Saudi Aramco has spent several weeks bidding for thousands of tons of diesel cargoes in the Mediterranean, brokers monitoring the…
Oil slips as Saudi Arabia reroutes crude through Hormuz after pipeline attack
Oil prices fell Thursday after Saudi Arabia began shifting crude exports through the Strait of Hormuz to offset a damaged…
Gold Rallies Toward $4,330 Despite Fed’s Hawkish September Rate Hike
Gold climbed toward $4,330 per ounce on September 17, defying a Federal Reserve interest-rate increase that would normally weigh on…
