Commodities News
Latest commodities news, gold prices, oil market updates and analysis of key global resources
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Gold Jumps Above $4,300 After July Payrolls Miss, Central Banks Add 289 Tonnes
Gold surged past $4,300 after the July U.S. jobs report showed a surprise payroll decline and deep prior-month revisions. The…
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Natural Gas Slides Below $2.66 as Storage Build, Record Output Pressure Prices
U.S. natural gas futures fell toward $2.64 per MMBtu after a larger-than-expected 33 Bcf storage injection and production near 111…
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WTI at $74.69, Brent at $79.08 as Oil Erases July War Premium
Crude prices swung sharply but returned to levels last seen around the June 17 interim peace agreement. Investors now face…
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Gold Prices Top $4,300 as Rate-Hike Odds Retreat
Gold climbed above $4,300 for the first time in seven weeks after its biggest daily gain since February. The move…
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Henry Hub Natural Gas Holds Near $2.69 as 185 Bcf Surplus Caps Summer Rebounds
Henry Hub natural gas remains pinned near $2.69/MMBtu as record production above 112 Bcf/d and a 185 Bcf storage surplus…
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WTI Crude Holds Near $75 as Hormuz Deal Hopes Clash With Tight Cushing Stocks
WTI hovered near $75.69 and Brent traded around $80.22 as traders weighed a possible 60-day Strait of Hormuz shipping arrangement…
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Gold Price Jumps Above $4,136 After 44,000 ADP Print, With $4,160 as the Next Test
Gold surged after weak U.S. private payrolls data strengthened expectations for a less hawkish Federal Reserve path. The rally now…
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Natural Gas Holds Near $2.77 as Record Supply Caps Rebound
Natural gas futures remain under pressure near $2.77 per MMBtu as strong production, above-average storage and softer summer demand outweigh…
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WTI Crude Drops 10% in Two Sessions as Hormuz Deal Hopes Sink Oil
WTI crude fell to $75.88 after a two-session slide of more than 10%, while Brent dropped below $80 as traders…
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Gold Holds Near $4,060 as 298-Tonne ETF Overhang Caps Rally
Gold stayed pinned near $4,060 as geopolitical demand and higher rate expectations offset each other. Investors are watching ETF positioning,…
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WTI Crude Falls 6% as Iran Denies Near-Term US Talks
WTI crude dropped 6% to $79.56 after Iran rejected claims that talks with the US were imminent. The move eased…
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Natural Gas Holds Near $2.77 as U.S. Output Hits 110.6 Bcfd
U.S. natural gas futures steadied near $2.766 per MMBtu even as Lower 48 production matched a record 110.6 Bcfd. Elevated…