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Silver Closes the Gap with Gold as 2025 Rally Gains Momentum
2 days ago
Commodities News
Silver surged past $36 per troy ounce on Thursday, marking its highest price since 2012 after gaining more than 4% in futures trading. The move underscores silver’s strong performance in 2025, with prices now up over 20% year to date. While ...
EU Steel Sector Braces for Fallout as Tariff Talks Stall
4 days ago
Commodities News
Europe’s steel industry is on high alert as Washington doubles down on protectionism, raising tariffs on imported steel and aluminium to 50%. This dramatic hike has already reignited tensions with the EU and intensified fears of a global supply glut redirecting ...
Crude Oil Prices Plunge as OPEC+ Increases Production
1 month ago
Commodities News
Oil prices slumped to their lowest level in over three years as OPEC+ pushed ahead with big production increases just as global demand gets weaker from rising trade tensions. Brent futures slid by 4.6% to $58.50 per barrel in early Monday ...
OPEC+ Ups Output Despite Bearish Oil Outlook and Tariff Pressures
2 months ago
Commodities News
OPEC+ has surprised markets by accelerating its oil production increases at a time when global forecasts are becoming increasingly bearish. Eight of the group’s key producers, including Saudi Arabia, Russia, and the UAE, agreed to raise output by 411,000 barrels per ...
Copper Climbs to Record Highs
2 months ago
Commodities News
Copper prices surged to an all-time high this week, with futures in New York touching $5.374 per pound before settling at $5.24—a record close.The 30% rise in copper prices since the start of the year has outpaced gold’s 16% gain ...
Global Rubber Market Faces Shortages in 2025
2 months ago
Commodities News
The global rubber market is heading for another year of tight supply in 2025, with natural rubber production expected to rise only 0.3%, while demand is forecast to grow 1.8%, according to the Association of Natural Rubber Producing Countries (ANRPC). ...
Gold Flies Past $3,000 as Investors Run for Safety Amid Global Turmoil
2 months ago
Commodities News
Gold prices surged past $3,000 an ounce for the first time on Friday, hitting a record $3,005 before settling just below the milestone. The spike reflects rising demand for safe-haven assets as global uncertainty intensifies, driven by escalating trade tensions ...
Cocoa Prices Surge to Record Highs
3 months ago
Commodities News
Chocolate lovers are feeling the pinch as cocoa prices skyrocket, with the commodity reaching an all-time high of $12,646 per metric ton in December. A combination of extreme weather conditions and the cocoa swollen shoot virus has disrupted supply in ...
Oil Prices Sink as US-China Trade War Rattles Markets
4 months ago
Commodities News
Crude oil prices tumbled to their lowest levels of the year, weighed down by renewed concerns over weakening demand and escalating trade tensions between the US and China. Investors remain wary as China announced a 10% tariff on US crude oil ...
Coffee Prices Climb as Market Reacts to Uncertainty
4 months ago
Commodities News
Coffee prices continued their upward march this week, despite the fact that President Donald Trump ultimately scrapped his proposed 25% tariff on Colombian imports. The initial threat, made during a dispute over deportation flights, was enough to jolt the coffee ...
Gold, Like All Other Markets, Awaits Trump Inauguration
4 months ago
Commodities News
Gold prices have steadily risen this week despite some pressure from the U.S. dollar. Spot gold eased by 0.4% to $2,701.03 per ounce, while U.S. gold futures dipped slightly by 0.1% to $2,748.70. However, both remain on course for a ...
Gold Holds Steady as Markets Brace for Fed Moves in 2025
5 months ago
Commodities News
Gold prices remained flat at $2,616.31 per ounce on Tuesday, with U.S. futures steady at $2,631.60. Trading volumes were muted in a holiday-thinned market, but attention has shifted to the Federal Reserve’s anticipated moves in 2025 and potential policy shifts ...
Coffee Prices Climb to 47-Year High
6 months ago
Commodities News
Coffee prices have surged to their highest levels in almost 50 years, driven by extreme weather in key producing nations and global market dynamics. Futures for Arabica coffee recently reached $3.35 per pound, a 70% increase since the start of ...
Bitcoin Climbs to Highest Level Since Mid-August
1 year ago
Commodities News
Bitcoin rose above $28,000 on Monday. The catalyst for the rise was not immediately clear. In other positive news for the crypto industry, several ether futures’ ETFs are set to launch on Monday. Crypto market watchers have been waiting to ...
Hong Kong Cracks Down on Crypto Firms Claiming to Be Banks
1 year ago
Commodities News
Hong Kong's central bank has warned investors to be alert of crypto businesses that call themselves "banks," saying such companies are violating the region's banking laws. The financial watchdog said only licensed institutions are permitted to carry out deposit-taking businesses ...
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