Analysis: Commodities

India's equity mutual fund flows off record high as investors shift to gold

Inflows into India's equity mutual funds in August cooled from record highs, as steep U.S. tariffs rattled investors, prompting them to move to safe-haven gold and less risky large-caps. ...

OPEC+ pursues strategy of regaining market share

Another increase in production for OPEC+. Meeting on Sunday, the oil alliance led by Riyadh and Moscow announced the gradual lifting of 1.65 million barrels per day of production cuts, initially...

Flood-hit India, Pakistan face rising basmati prices amid crop losses

MUMBAI/KARACHI -Heavy rains and widespread flooding in basmati rice-growing regions of India and Pakistan have raised concerns over output of the premium staple, driving prices higher as supplies are...

Gold hits record high above $3,600/oz as traders weigh Fed rate-cut bets

Gold's rally extended beyond the $3,600 level for the first time on Monday after soft U.S. jobs data cemented expectations of an interest rate cut by the U.S. Federal Reserve next week. ...

Gold's record-breaking rally: who's keeping it going?

LONDON -Gold prices hit a record $3,728 per troy ounce on Monday, extending a rally that has boosted them twofold since late 2022. Demand is expected to remain robust for some time due to a mix of...

Markets bet big on Goldilocks payrolls number

A look at the day ahead in European and global markets from Kevin Buckland Markets are in buoyant mood, clearly anticipating Friday's hotly awaited U.S. payrolls report will keep the Fed...

Gold heads for best week in three months; US jobs data in focus

Gold rose on Friday and headed for its best week in three months, supported by growing expectations of an interest rate cut by the Federal Reserve this month, as attention turns to the U.S. non-farm...

Trading Day: Rallying into payrolls

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. equity and bond prices rose on...

Bond markets rattle as Xi's tanks roll

A look at the day ahead in European and global markets from Rocky Swift A day after U.S. President Donald Trump re-emerged in the Oval Office to dispel rumours about his health, Chinese...

The yellow metal still shining brightly

On Tuesday, gold reached a new all-time high, exceeding $3,500 per ounce, supported by the weak dollar and expectations of a Fed rate cut. The precious metal is thus continuing its upward trajectory...

Indian jewellers stock up for festive season; activity muted elsewhere

Demand for physical gold in India picked up slightly this week, despite a recovery in prices, as jewellers stocked up ahead of the festive season, while activity remained subdued elsewhere. ...

Lurpak maker Arla says softer consumer sentiment hits sales of core products

COPENHAGEN -Dairy producer Arla's sales for the first half of the year rose by 13% though sales of its key products such as Lurpak butter and Castello cheese fell. High commodity prices...

Goldman Sachs expects Brent to decline to low $50s by late 2026

Goldman Sachs expects the price of Brent crude futures contracts to decline to the low $50s a barrel by late 2026 due to an increase in the surplus of oil next year. We expect the oil...

Volatile prices stifle gold demand in top Asian hubs

Physical gold demand in key Asian hubs remained subdued this week as price volatility kept buyers at bay, while jewellers in India resumed purchases ahead of a key festival season. Gold...

Gold gains as Powell's comments fuel rate cut hopes

Gold prices rebounded on Friday, buoyed by heightened expectations of a September rate cut following comments from Federal Reserve Chair Jerome Powell at the central bank's Jackson Hole symposium. ...

Commodities: Caution prevails as all eyes fixed on Ukraine

Every week, our commodity overview reviews the latest news from the commodity markets to better understand fluctuations in the prices of energy, metals, and agricultural commodities.

China extends probe into EU dairy products as trade tussle goes on

BEIJING -China extended on Monday its anti-subsidy investigation into European Union dairy imports by six months, one front in a wider trade war with Brussels and Washington. Trade...

Gold prices steady as investors assess Trump-Zelenskiy meeting

Gold prices were largely steady on Monday, as investors focused on U.S. President Donald Trump's meeting with Ukrainian and European leaders, and the Federal Reserve's annual symposium in Jackson...

Investors react to US-Russia summit reaching no agreement

NEW YORK -Following are reactions from world leaders to the summit on Friday between U.S. President Donald Trump and Russian President Vladimir Putin, which did not resolve Moscow's war in Ukraine. ...