Commodities

Copper rises above $10,000 on speculation of US taxes

Copper continues to climb, galvanized by expectations of US tariffs. Prices rose again on Tuesday, buoyed by massive speculative buying, against a backdrop of markets now playing for time - or rather,...

India discontinues parts of gold deposit scheme amid rising prices

India has discontinued parts of a scheme that encouraged households and institutions to deposit idle gold in exchange for interest payments. The gold monetisation scheme, introduced in...

Gold steady as concerns loom over Trump's reciprocal tariff plans

Gold prices held steady on Wednesday as market participants squared positions ahead of U.S. President Donald Trump's sweeping reciprocal tariff plans, which they fear will fuel inflation and hinder...

India gold discounts hit 8-month high as record prices curb demand

Discounts offered on gold in India touched a more than eight-month high this week as demand slumped after spot prices surged past record highs. Indian dealers offered a discount of up...

UK red tape, red ink, and Rachel's rules

A look at the day ahead in European and global markets from Vidya Ranganathan Britain's government gets another report card on its efforts to curtail spending while Germany, in...

Gold scales record peak, rises above $3,000 again as tariff uncertainty fuels safe-haven demand

Gold prices scaled a record peak above the key $3,000 mark on Tuesday for the second time within a week, as investors sought cover from economic concerns fuelled by U.S. President Donald Trump's...

Gold edges higher as geopolitical and economic concerns linger

Gold firmed on Monday after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the U.S....

South African rand jumps as gold high boosts commodity-backed currency

South Africa's rand gained on Friday due to record high gold prices that were driven by investors seeking safe haven assets amid worries over a global trade war. At 1457 GMT, the rand...

Gold vaults $3,000 in rush for safety from market, political worry

The relentless rise of gold has taken prices of the precious metal above the psychologically key $3,000 per ounce mark for the first time, as geopolitical and economic uncertainty sent investors...

Discounts in India hit 8-month high as record prices weigh on demand

Gold discounts in India widened this week to their highest point in nearly eight months, as a surge in prices to a record high dampened demand, while customers in other key hubs also remained on the...

Stocks gain after mild US inflation; yields buoyed by trade tensions

Tech stocks led advances in Asia on Thursday, taking their cue from Wall Street's gains after tepid inflation data allayed concerns over the state of the U.S. economy. U.S. Treasury...

Gold edges higher on dollar weakness, safe-haven flows

Gold prices inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of a global trade conflict, while investors awaited further signals to gauge the U.S. Federal...

Gold falls as dollar recovers slightly; US payrolls data eyed

* Trump administration gives Canada, Mexico one-month auto tariff reprieve * Gold up more than 10% so far this year * Non-farm payrolls report...

Commodities: Gold, oil and grains stumble

Every week, the commodities overview reviews the latest news on the commodities markets, and to gain a better understanding of price variations in energy, metals and agricultural commodities.

Beef prices may rise as Canadian ranchers shrink cattle herds, fearing Trump tariffs

Canadian farmer Jon Vaags quit buying beef cattle in November after the election of U.S. President Donald Trump made tariffs on Canadian exports seem like a serious risk.  Now there are...

Global equity funds draw big inflows overlooking tariff concerns

Global equity funds witnessed sharp inflows in the week through February 26, spurred by sustained expectations of rate cuts later this year, which were bolstered by weaker economic data reported...

Gold heads for first weekly loss in nine

Gold fell on Friday, putting it on course for its first weekly loss in nine as the U.S. dollar strengthened and the market awaited an inflation print later in the day that could provide clarity on the...

India's gold demand improves as prices retreat from all-time high

India's gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as...

China's January total gold imports via Hong Kong hits near three-year low

China's total gold imports via Hong Kong in January fell 44.8% from December to their lowest since April 2022, Hong Kong Census and Statistics Department data showed on Tuesday. WHY IT'S...