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Archive

Markets - Commodities

Wednesday, January 8, 2020

US MIDDAY: Gold moves up
Commodities

US MIDDAY: Gold moves up

Gold prices inched higher on Tuesday, having earlier retreated from the previous session's almost seven-year high as fears of a larger Middle East conflict following the US killing of a top Iranian general eased.
Published 08 Jan, 2020 12:00am
US MIDDAY: Soyabeans slide
Commodities

US MIDDAY: Soyabeans slide

US soyabean futures eased on Tuesday on crop-boosting rains in South America and as investors squared positions ahead of a key US Department of Agriculture (USDA) crop supply-and-demand report due at the end of the week.
Published 08 Jan, 2020 12:00am
Copper surges
Commodities

Copper surges

Copper prices clawed higher on Tuesday as US-Iran tensions eased and investors expected leading metals consumer China to extend its stimulus policies.
Published 08 Jan, 2020 12:00am
India's gold prices hit record high on safe-haven rush
Commodities

India's gold prices hit record high on safe-haven rush

Gold prices in India jumped over 2% on Monday to record levels amid a rush to invest in safe-haven assets globally as well as a steep fall in the rupee, dampening demand for the precious metal in the world's second-biggest consumer.
Published 08 Jan, 2020 12:00am
CBOT wheat futures fall
Commodities

CBOT wheat futures fall

Chicago Board of Trade (CBOT) wheat futures dropped for a second straight session on Monday on technical selling and profit-taking, and on concerns over rising tensions in the Middle East, analysts said. CBOT March wheat, which last week hit the highest l
Published 08 Jan, 2020 12:00am
CBOT corn futures ease on technical selling
Commodities

CBOT corn futures ease on technical selling

Chicago Board of Trade corn futures eased on Monday, pressured by technical selling and position squaring ahead of a key US Department of Agriculture (USDA) crop report due at the end of the week.
Published 08 Jan, 2020 12:00am
Euronext wheat little changed as Middle East tensions weigh
Commodities

Euronext wheat little changed as Middle East tensions weigh

Euronext wheat futures were little changed on Monday as concerns over an escalation in tensions between the United States and Iran encouraged prices to consolidate below a six-month high struck last year. Benchmark March milling wheat on Paris-based Euron
Published 08 Jan, 2020 12:00am
CBOT soyabean futures firmer
Commodities

CBOT soyabean futures firmer

Chicago Board of Trade soyabean futures rebounded on Monday from steep losses in the prior session as hopes for improved exports to China outweighed worries over rising Middle East tensions, analysts said. Actively traded March soyabean futures tumbled 1.
Published 08 Jan, 2020 12:00am