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.
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,...
28 Sep 2023
Gold fell to a 6-month low of $1,875/oz on a stronger dollar and yields
The price of the yellow metal fell as low as $1,875/oz, or down 1.3% on Thursday morning, posting the lowest level since mid-March 2023 on a surging U.S. dollar and bond...
18 Sep 2023
Brent crude oil hit a 10-month high of $95 on tight supplies and solid demand
OPEC+ production cuts, low global oil inventories, and the surging global petroleum demand have helped the Brent crude oil prices to climb as high as $95/b, while the U.S.-based WTI is trading above...
06 Sep 2023
Brent crude oil jumps above $90 as Russia and Saudi Arabia extend output cuts
Market participants have turned their attention to the latest energy market moves after OPEC’s de facto leader Saudi Arabia and ally Russia extended voluntary crude...
10 Aug 2023
Gold and Silver hit monthly lows ahead of U.S. inflation data
Gold and Silver prices hit a monthly low on Thursday morning given the recovering U.S. dollar and bond yields coupled with the prospects of another Federal Reserve rate...
10 Aug 2023
Crude oil prices hit multi-month highs on supply concerns
Energy is shining again as Brent and WTI crude oil prices hit multi-month highs on growing concerns over global supply tightening, the increased geopolitical risk, and the drawdowns in the U
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