Commodities News

The price of gold bullion rose for the first time since mid-November as investors responded to tightening monetary policy and the threat of Omicron by making safe-haven investments in the commodity. Market analysts had warned that risk aversion would take ...

US consumers struggling under the twin challenges of high inflation and elevated consumer prices are finally seeing some relief as the price of oil and natural gas comes down. The US national average price for a gallon of gas toppled ...

The Organization of the Petroleum Exporting Countries (OPEC) is expected to conduct its annual strategy meeting this week confident in its increasing short-term influence.  As recently as 2019, the US became a net exporter of energy for the first time ...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only expected ...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in ...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heating gas methane by 30% ...