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Markets - Commodities

Thursday, April 23, 2020

US MIDDAY: Gold surges nearly 2pc
Commodities

US MIDDAY: Gold surges nearly 2pc

Gold prices jumped as much as 1.9% on Wednesday on expectations for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus.
Published 23 Apr, 2020 02:53am
US MIDDAY: Corn rises
Commodities

US MIDDAY: Corn rises

US corn futures rose 2% on Wednesday as traders unwound bearish bets following the market's decline to its lowest since September 2009 on Tuesday, traders said.
Published 23 Apr, 2020 02:53am
Gold jumps in Europe
Commodities

Gold jumps in Europe

Gold prices jumped 1% on Wednesday on hopes for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus.
Published 23 Apr, 2020 02:53am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange's (TOCOM) futures rubber contract fell for a second day, ending the day 2.9 yen lower at 147.7 yen per kg, tracking Shanghai prices as the coronavirus outbreak saps demand.
Published 23 Apr, 2020 02:53am
Malaysian palm oil higher
Commodities

Malaysian palm oil higher

Malaysian palm oil futures closed up on Wednesday tracking higher soyabean oil prices, after slumping to a near nine-month low in the previous session, but gains were capped by a retreat in crude oil prices.
Published 23 Apr, 2020 02:53am
CBOT corn hits lowest since Sept 2009
Commodities

CBOT corn hits lowest since Sept 2009

Chicago Board of Trade corn futures dropped 1.4% on Tuesday, hitting a 10-1/2-year low on pressure from slumping energy markets and weakening demand for ethanol as the coronavirus pandemic slashed fuel usage, traders said.
Published 23 Apr, 2020 02:53am
Chinese iron ore futures plunge from 8-1/2-month high
Commodities

Chinese iron ore futures plunge from 8-1/2-month high

Chinese iron ore futures slumped on Tuesday, retreating from a more than 8-1/2-month closing high hit in the previous session, on concerns about surplus supply of the steelmaking raw material as the coronavirus hit demand outside China.
Published 23 Apr, 2020 02:53am
US wheat futures mixed
Commodities

US wheat futures mixed

US wheat futures ended mixed on Tuesday, with the most-active Chicago Board of Trade soft red winter wheat contracts and MGEX spring wheat finishing in negative territory on a technical setback and declines in the corn market.
Published 23 Apr, 2020 02:53am
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