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Archive

Markets - Commodities

Saturday, May 23, 2020

US MIDDAY: Gold prices move higher
Commodities

US MIDDAY: Gold prices move higher

Gold gained on Friday as intensifying US-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic.
Published 23 May, 2020 12:06am
US MIDDAY: Soya prices gain
Commodities

US MIDDAY: Soya prices gain

Chicago soyabean futures rose on Friday as renewed US-China tensions were offset by stronger soyameal prices. Chicago wheat futures sank after three days of gains as a firmer US dollar disadvantaged the crop in the export market, while corn slumped on exp
Published 23 May, 2020 12:06am
Gold gains in Europe
Commodities

Gold gains in Europe

Gold gained on Friday as intensifying US-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic. Spot gold climbed 0.6% to $1,735.43 per ounce by 10:56 a.m. EDT (1456 GMT), after falling 1.4% o
Published 23 May, 2020 12:06am
Gold regains footing in Asia
Commodities

Gold regains footing in Asia

Gold gained on Friday as an escalation in US-China tensions underpinned bullion's safe-haven appeal, although positive economic indicators after some countries eased lockdowns set up the precious metal for a weekly drop.
Published 23 May, 2020 12:06am
Gold falls in New York
Commodities

Gold falls in New York

Gold fell more than 1% on Thursday as investors booked profits from recent rallies and some switched to the safety of cash driven by growing U.S-China trade tensions and doubts about an economic recovery.
Published 23 May, 2020 12:06am
Raw sugar back below 11 cents; coffee steadies
Commodities

Raw sugar back below 11 cents; coffee steadies

Raw sugar futures on ICE fell sharply on Friday after hitting near two-month highs in the previous session, with oil prices sliding on rising US-China tensions and doubts over the pace of a recovery in demand following the coronavirus crisis.
Published 23 May, 2020 12:06am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell on Friday as tensions between the United States and China heightened over the imposition of a new law in Hong Kong, and Beijing omitting setting a target for economic growth this year.
Published 23 May, 2020 12:06am
Palm oil clocks over 3 percent weekly rise
Commodities

Palm oil clocks over 3 percent weekly rise

Malaysian palm oil futures clocked a 3.64% rise for the week, but fell on Friday as investors booked profits ahead of a long weekend for Eid celebrations and forecasts of higher May production.
Published 23 May, 2020 12:06am
EU wheat prices fall
Commodities

EU wheat prices fall

Euronext wheat futures were lower on Friday with forecast rains in parts of northern Europe this week set to bring some relief after a prolonged period of dry weather. September milling wheat on the Paris-based Euronext exchange was down 1.75 euros, or 0.
Published 23 May, 2020 12:06am
Copper drops on fears of renewed US-China tensions
Commodities

Copper drops on fears of renewed US-China tensions

Copper prices slid on Friday on worries that renewed US-Chinese tensions will further damage a global economy already hit by the COVID-19 pandemic. Stock markets and oil also fell as investors feared the prospect of more protests in Hong Kong over tough n
Published 23 May, 2020 12:06am
Mango export facing challenges
Commodities

Mango export facing challenges

The export of Pakistani mango faces stiff challenge due to Covid-19 coupled with serious negative impacts of the climatic changes.
Published 23 May, 2020 12:06am