Gold Falls Below $4,000 as Oil Fuels Fed Rate Concerns
Gold touched $3,986.50 before recovering above $4,000 as oil-driven inflation fears and Fed rate expectations kept bullion under pressure.
Commodities
Commodities represent the raw materials that power global industry, from energy and metals to agriculture and essential resources. This section brings together coverage of price movements, supply-and-demand shifts, geopolitical pressures, production trends, and market sentiment across the world’s major commodity classes. Whether driven by policy decisions, weather patterns, technological changes, or shifts in global trade, these developments shape economies and markets on a daily basis. Explore how commodities influence everything from inflation to manufacturing and why they remain a vital pillar of the financial system.
Latest Commodities News
Newmont Posts $2.20 Adjusted EPS as Cash Flow Fuels Buybacks
Newmont generates $1.9 billion in quarterly free cash flow, maintains its gold-output target and reports $2.8 billion remaining under its buyback program.
Digital Gold Could Reach $170 Billion by 2031, WGC and BCG Say
A WGC-BCG study sees digital gold growing to $160–170 billion by 2031, with up to $700 billion in additional demand held back by adoption barriers.
Brent Crude Breaks Above $100 as U.S.-Iran Attacks Threaten Global Oil Supplies
Brent crude surged above $100 a barrel as escalating U.S.-Iran attacks on oil tankers near the Strait of Hormuz intensified fears of a deeper disruption to...
Central Banks Double Gold Purchases as Poland and China Lead Buying
Central banks more than doubled their net gold purchases in May, led by Poland and China, as official institutions continued to increase their exposure to the...
United States Becomes the World’s Largest Oil Exporter
The United States has become the world’s largest oil exporter, surpassing Saudi Arabia and Russia as record crude and fuel shipments reshape global energy markets.
Oil Prices Crash Nearly 10% as Iran Deal Optimism Sparks Selloff
Oil prices plunged nearly 10% in a single day as easing geopolitical tensions and expectations of a potential Iran agreement triggered a sharp commodity selloff.
Wall Street Embraces ‘NACHO’ Trade as Oil Shock Bets Intensify
Traders are increasingly positioning around the so-called 'NACHO' trade, betting disruptions in the Strait of Hormuz and elevated oil prices will persist longer than markets expect.
UAE to Exit OPEC and OPEC+
The UAE will exit OPEC and OPEC+ from May 1, aiming to increase oil production and better align with shifting global energy demand.
Condom Prices Could Rise 30% as Iran War Disrupts Supply Chains, Karex Warns
Condom prices could increase by up to 30% as the Iran war drives higher costs and disrupts supply chains, according to global producer Karex.