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Archive

Markets - Commodities

Saturday, February 22, 2020

US MIDDAY: Gold surges 1.5 percent
Commodities

US MIDDAY: Gold surges 1.5 percent

Gold jumped more than 1.5% on Friday to its highest level in seven years as investors rushed to the metal's safety due to concerns over the global economic fallout from the fast-spreading coronavirus.
Published 22 Feb, 2020 12:00am
US MIDDAY: Soyabeans, wheat rise
Commodities

US MIDDAY: Soyabeans, wheat rise

US soyabean futures rose on Friday, briefly hitting the highest level in more than three weeks on support from the government's forecast for tightening supplies, traders said. Wheat futures also were firm, but corn was steady to weak, pressured by a proje
Published 22 Feb, 2020 12:00am
Malaysian palm oil posts second weekly fall
Commodities

Malaysian palm oil posts second weekly fall

Malaysian palm oil futures rose on Friday on gains in rival edible oils and improving February exports, although worries over Chinese demand due to the coronavirus outbreak led the commodity to its second straight weekly loss.
Published 22 Feb, 2020 12:00am
CBOT corn futures drop
Commodities

CBOT corn futures drop

Chicago Board of Trade corn futures dropped on Thursday, pressured by a bearish US planting outlook, traders said.
Published 22 Feb, 2020 12:00am