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Category commodity

Precious metals rebound; short-term investors fuel gold's price swings

Precious metals rebound; short-term investors fuel gold's price swings

Rebounding from a one-week low reached in the previous session, gold prices increased on Wednesday. This rise comes as markets anticipate the Feder...
Saudi Arabia may overtake Russia as China's top crude supplier

Saudi Arabia may overtake Russia as China's top crude supplier

At a time when there is noise about OPEC+ potentially resuming their production increases from April, experts see Saudi Arabia replacing Russia as ...
Commodity wrap: gold below $5,000, silver plunges on firm dollar

Commodity wrap: gold below $5,000, silver plunges on firm dollar

Gold and silver prices continued to fall on Tuesday as a stronger dollar and easing tensions dented safe-haven demand for the precious metals. Silv...
Guyana sees oil growth as Venezuela tensions ease ahead of energy meet

Guyana sees oil growth as Venezuela tensions ease ahead of energy meet

As geopolitical tensions with neighbouring Venezuela seem to ease, Guyana, a tiny oil-producing country with one of the fastest-growing economies i...
Silver deal, improved outlook lift BHP shares to record high

Silver deal, improved outlook lift BHP shares to record high

Australia’s largest mining company, BHP Group Ltd, hit an all-time intraday high of A$54.20 today, driven by the release of record half-year earnin...