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Markets - Commodities

Tuesday, March 24, 2020

US MIDDAY: Gold surges over 4 percent
Commodities

US MIDDAY: Gold surges over 4 percent

Gold prices soared more than 4% on Monday, shrugging off early losses after the US Federal Reserve took aggressive new steps to combat the economic impact of the coronavirus outbreak, boosting investor sentiment.
Published 24 Mar, 2020 12:00am
US MIDDAY: Wheat to one-month top; soya climbs
Commodities

US MIDDAY: Wheat to one-month top; soya climbs

US wheat futures surged nearly 4% on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export demand, traders said.
Published 24 Mar, 2020 12:00am
Gold soars over 2 percent in Europe
Commodities

Gold soars over 2 percent in Europe

Gold prices soared more than 2% on Monday, shrugging off early losses after the US Federal Reserve mounted aggressive new steps to combat the economic impact from coronavirus outbreak, boosting investors sentiment. The US central bank said it would begin
Published 24 Mar, 2020 12:00am
Gold falls in Asia
Commodities

Gold falls in Asia

Gold prices fell on Monday as investors stockpiled cash, with a rising numbers of coronavirus-led national lockdowns threatening to overshadow stimulus measures from global central banks to combat the pandemic's economic damage. Spot gold slipped 0.6% to
Published 24 Mar, 2020 12:00am
Raw sugar prices rebound; coffee, cocoa up
Commodities

Raw sugar prices rebound; coffee, cocoa up

Raw sugar futures on ICE were higher on Monday, regaining some ground after their recent prolonged slide, while coffee and cocoa also rose. May raw sugar was up 0.12 cents, or 1.1%, at 11.03 cents per lb by 1508 GMT. The front month fell to a 1-1/2 year l
Published 24 Mar, 2020 12:00am
EU wheat surges on strong demand
Commodities

EU wheat surges on strong demand

European wheat prices rose for a fifth consecutive session on Monday to hit a two-month high, helped by a rally in Chicago and good export demand at a time when logistics in France remain difficult, traders said. Benchmark May milling wheat on Paris-based
Published 24 Mar, 2020 12:00am
Malaysian palm ends lower
Commodities

Malaysian palm ends lower

Malaysian palm oil futures closed lower on Monday as worries deepened over the damage to demand after many nations enforced lockdowns to contain the spread of the coronavirus pandemic. The benchmark palm oil contract, for June delivery, on the Bursa Malay
Published 24 Mar, 2020 12:00am
Tokyo rubber slides
Commodities

Tokyo rubber slides

Tokyo Commodity Exchange (TOCOM) futures slid for a third straight session, hitting the lowest in nearly four years, as rising lockdowns due to the coronavirus raised worries about a global slowdown and demand in the material. TOCOM's rubber contract for
Published 24 Mar, 2020 12:00am
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