Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Gold Slump and Broad Selloff Slam Newmont Shares
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after stronger-than-expected U.S. jobs data reduced hopes for Federal Reserve easing, sending Treasury yields higher and pressuring gold miners.
Soybean Prices Tumble as Mixed Export Data and Weaker Product Markets Weigh
Soybean prices fell sharply on Thursday, with cash prices down 30 cents amid mixed export sales and lower product futures. Brazil exports surged.
U.S. Mint's $5,370 Gold Coin Vanishes in Two Minutes Amid Record Investment Demand
The U.S. Mint's 2026-W American Eagle gold coin sold out in under two minutes, reflecting surging physical gold investment demand that Metals Focus says will overtake jewelry this year.
Lithium Americas Surges on Thacker Pass Progress, Defying Sector Weakness
Lithium Americas shares jumped 5.8% to $5.51 as investors focused on accelerating construction at its Thacker Pass project, bucking declines in Albemarle and SQM.
Gasoline Dips on Crude Retreat, But Geopolitical Risks Persist
U.S. gas prices fell to $4.322/gal, down from $4.507 last week, as crude pulled back. However, oil surged 4.2% Monday after Iran halted indirect U.S. talks and new blockade fears emerged. Gasoline stocks declined for a record-tying 15th week.
Gold Steadies Amid Jobs Data Anticipation, Monthly Loss Persists
Gold rose Friday but ended May down over 1%. U.S. jobs data due June 5 will test the outlook as the Fed holds rates steady and physical demand remains weak.
Cameco Rebounds After Restarting Key Mines; Output Forecast Unchanged
Cameco shares rose 7.1% last week after resuming full production at McArthur River and Key Lake. The company left its 2026 output guidance unchanged, supporting investor confidence.
Exxon Warns of $160 Oil as Hormuz Talks Stall, Shareholders Back Texas Move
Exxon Mobil warned crude could spike to $150-$160 a barrel as global inventories near minimums. Shareholders approved moving legal home to Texas.
Brent Crude Tumbles as US-Iran Hormuz Truce Hopes Spur Weekly Rout
Oil prices suffered their biggest weekly loss since April as traders bet on a US-Iran ceasefire to reopen Hormuz. Brent settled at $92.05, with EIA data showing a 3.3 million barrel crude draw.