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Commodity wrap: gold jumps as weak US data fuels bets on Fed rate cut; oil rises

Commodity wrap: gold jumps as weak US data fuels bets on Fed rate cut; oil rises

Oil prices rose slightly on Tuesday as concerns over the latest US sanctions on Russian supply raised fears among investors.  Meanwhile, gold price...
Brazil’s Vale targets soaring Indian steel demand to offset China slowdown

Brazil’s Vale targets soaring Indian steel demand to offset China slowdown

Vale (VALE3.SA), a Brazilian mining giant, is preparing itself to capitalise on a boom in demand from India, which aims to treble its steel product...
Commodity wrap: gold hits 2-week high on rate cut hopes; oil, base metal prices up on US shutdown talks

Commodity wrap: gold hits 2-week high on rate cut hopes; oil, base metal prices up on US shutdown talks

All major commodities were in the green on Monday as gold hit two-week high on US rate cut hopes.  Silver prices also surged by more than 3%, track...
European markets rally as US shutdown deal sparks global optimism

European markets rally as US shutdown deal sparks global optimism

European markets opened on a strong note on Monday after US senators reached a breakthrough deal to end the longest government shutdown in American...
OpenAI’s Bold Request: Trump Administration Faces Pressure to Expand Chips Act Tax Credits for AI Data Centers

OpenAI’s Bold Request: Trump Administration Faces Pressure to Expand Chips Act Tax Credits for AI Data Centers

BitcoinWorld OpenAI’s Bold Request: Trump Administration Faces Pressure to Expand Chips Act Tax Credits for AI Data Centers In a surprising move th...
Commodity wrap: gold rises on rate cut bets, oil set for weekly loss

Commodity wrap: gold rises on rate cut bets, oil set for weekly loss

Most non-agricultural commodities rose on the last day of the week with gold consolidating above the crucial mark of $4,000-per-ounce.  Oil prices ...
Commodity wrap: oil edges up on supply fears; gold reclaims $4,000/oz mark on soft dollar

Commodity wrap: oil edges up on supply fears; gold reclaims $4,000/oz mark on soft dollar

Oil prices edged up on Thursday, boosted by concerns over supply as sanctions on Russian oil weighed on sentiments.  Meanwhile, gold prices were ba...
Revolutionary AI Heat Problem Solution: How Metal Stacks Could Save Data Centers from Overheating

Revolutionary AI Heat Problem Solution: How Metal Stacks Could Save Data Centers from Overheating

BitcoinWorld Revolutionary AI Heat Problem Solution: How Metal Stacks Could Save Data Centers from Overheating As artificial intelligence continues...
Commodity wrap: gold rebounds on risk-off sentiment, oil falls amid dollar strength

Commodity wrap: gold rebounds on risk-off sentiment, oil falls amid dollar strength

After a muted start to the week, gold and silver prices rose on Wednesday as risk-off sentiment dominated the market.  Meanwhile, oil prices fell s...
Aluminium price recovery limited despite recent LME highs

Aluminium price recovery limited despite recent LME highs

Aluminium prices on the London Metal Exchange have slipped after trading at its highest level since 2022.  Prices on LME have increased from this y...