Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Gold Holds Steady Amid Geopolitical Caution, Silver Slumps
Gold prices showed minimal movement Thursday, with spot gold edging slightly higher to $5,168.80 per ounce as traders remained cautious ahead of U.S.-Iran nuclear discussions. Silver fell sharply, losing 2.4%.
Gold Surges Past $5,000 on Tariff, Inflation Data
Gold prices rallied sharply Friday, with spot gold rising 1.5% to $5,071.48, propelled by renewed tariff announcements and persistent inflation concerns. The move follows disappointing Q4 GDP data.
Silver Surges 5.8% to $82.92 on Growth Fears, Tariff News
Silver closed at $82.92 an ounce, gaining 5.8% amid soft economic data and fresh trade policy moves. The metal's volatility highlights its dual role as both an industrial commodity and a macro hedge.
Gasoline Futures Rally on Tight Supply, Pump Prices Poised to Climb
U.S. gasoline futures held a significant weekly gain near $2.01 a gallon, supported by a substantial inventory draw and rising demand. The national average pump price sits at $2.92, with refiners Valero and Phillips 66 seeing share gains.
Distillate Supply Squeeze Supports Heating Oil Despite Daily Dip
U.S. heating oil futures declined 0.8% to $2.59 a gallon Friday, pausing after a rally fueled by a significant weekly drawdown in distillate stockpiles. Inventories fell 4.6 million barrels to 120.1 million, roughly 5% under the five-year average.
Oil Holds Near Six-Month Highs Amid Iran Tensions, Supply Draws
Oil prices remained near six-month highs despite a slight Friday pullback, supported by geopolitical tensions and a sharp drop in U.S. crude inventories. Brent and WTI posted weekly gains of roughly 5.3%.
Silver Surges Past $82 on Tariff Ruling and Economic Data
Silver prices rallied sharply on Friday, climbing above $82 per ounce as markets reacted to a major Supreme Court tariff ruling and disappointing economic growth figures.
Natural Gas Futures Surge 5% on Weather, LNG Startup Outlook
U.S. natural gas futures climbed nearly 5% Friday, rebounding from recent lows as a cold snap and expectations for new LNG export demand from the Golden Pass project supported prices.
Gold Surges Past $5,000 on Rate Cut Hopes, Tariff Ruling
Gold prices climbed above $5,000 an ounce Friday, driven by disappointing U.S. economic growth figures and a Supreme Court decision striking down former tariffs. The move reflects shifting expectations for Federal Reserve policy.
SSR Mining Calls Convertible Notes, Gold Prices Rally on Economic Data
SSR Mining shares advanced as the company announced the redemption of its 2.50% convertible notes due 2039, which could lead to the issuance of approximately 13 million new shares. Concurrently, gold prices strengthened following disappointing U.S. economic growth data.
Denison Mines Secures Key Canadian Approval for Phoenix Uranium Mine
Denison Mines Corp. shares advanced in premarket trading following Canadian regulatory approval for construction of its flagship Phoenix uranium mine. The decision shifts focus to the company's final investment decision and construction timeline.