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Archive

Markets - Commodities

Thursday, April 22, 2021

Silver demand surging to its highest since 2015
Commodities

Silver demand surging to its highest since 2015

  • Silver is used in the manufacturing of goods from solar panels to consumer electronics, and is also bought by investors who traditionally see it as a safe store of wealth.
  • All demand segments except for exchange traded funds (ETFs), which store silver for investors, will use more this year, and even ETFs will buy far more than was typical before the pandemic, the report said.
Published 22 Apr, 2021 08:42pm
IKAR consultancy lowers Russia 2021 wheat crop forecast
Commodities

IKAR consultancy lowers Russia 2021 wheat crop forecast

  • Russia competes with the European Union for the rank of the world's largest wheat exporter.
  • More than 700,000 hectares, about 18% of the region's total area, will be up for potential replanting, though IKAR said it expected the actual resowed area to be smaller.
Published 22 Apr, 2021 06:17pm
Copper edges higher on expected demand from climate push
Commodities

Copper edges higher on expected demand from climate push

  • Three-month copper on the London Metal Exchange was up 0.1% at $9,455.50 a tonne by 1010 GMT, recovering after touching an intraday low of $9,385.
  • "Days like today when there is no major news flow, some people are saying copper and aluminium are both looking quite pricey, so why not take some profits out of this stellar run that we've had," he said.
Published 22 Apr, 2021 05:30pm
Tokyo rubber futures slide
Commodities

Tokyo rubber futures slide

TOKYO: Japanese rubber futures slid on Wednesday on concerns that a resurgence of COVID-19 cases in Japan and India...
Published 22 Apr, 2021 03:55am
Copper prices up
Commodities

Copper prices up

LONDON: Copper prices firmed on Wednesday alongside a rebound in equities and a weaker dollar, though investor fears...
Published 22 Apr, 2021 03:55am
Gold prices up in Asia
Commodities

Gold prices up in Asia

SINGAPORE: Gold prices rose in Asian trade on Wednesday, hovering near a seven-week high hit earlier this week, as a...
Published 22 Apr, 2021 03:55am
Gold jumps in Europe
Commodities

Gold jumps in Europe

AMSTERDAM/LONDON: Gold jumped 1% on Wednesday propelled by sliding US Treasury yields, while bets for supply...
Published 22 Apr, 2021 03:55am
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.747...
Published 22 Apr, 2021 03:55am