COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
26 Oct 2023
Gold retests $2,000/oz on geopolitical risk and recession fears
Gold shines again as its price is reapproaching the key $2,000/oz psychological level on surging demand for haven assets due to elevated geopolitical risk, disappointing...
23 Oct 2023
Brent oil slipped to $91.50/b on diplomatic efforts to contain the Mideast crisis
Crude oil prices kicked off the first trading session of the week on left footing as concerns softened over the weekend that the conflict in the Middle East would...
16 Oct 2023
Brent holds above $90/b as traders assess Middle East turmoil
Crude oil prices turned slightly lower but held Friday’s 6% gains on the first trading day of the week, as energy traders assess whether the turmoil in the oil-rich Middle East could have an impact...
12 Oct 2023
Gold and silver bounced to monthly highs on a weaker dollar and a dovish Fed
Gold prices hit a fresh monthly high of $1,880/oz this morning, while Silver also rebounded to over $22/oz level, after getting support from the recent U.S. dollar...
09 Oct 2023
Crude oil, dollar, and gold rose on rising geopolitical risk
The Israel-Hamas conflict has been the major price catalyst in the global markets on the first trading day of the week, with crude oil prices jumping 4%, while investors...
02 Oct 2023
Lithium prices plunged to a two-year low on bearish fundamentals
The price of Lithium- a key ingredient in electric vehicle batteries- hit a fresh two-year low last week on growing concerns about the weaker demand outlook from China, and the global EV industry,...
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