Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Gold Prices Near ₹1 Lakh in Chennai as Fed Rate Jitters Cap Recovery
Chennai gold prices dropped to ₹1,08,000 per eight-gram sovereign, approaching the ₹1 lakh level, as U.S. inflation data and Fed rate hike concerns limited global gold's rebound from a six-month low.
Cameco Shares Tumble 7% as Uranium Sector Faces Broad Selloff
Cameco shares dropped 7.4% Wednesday, leading a broad uranium sector decline, as investors await Q2 results on July 31 for signs of production recovery and Westinghouse progress.
Gold Holds Near $4,344 as Ceasefire Hopes Offset Fed Rate Worries
Gold steadied near $4,344 as ceasefire hopes offset pressure from a strong U.S. jobs report. Goldman Sachs now expects no Fed cuts until 2027.
Natural Gas Futures Slide as Cooling Demand Forecasts Diminish
U.S. natural gas futures fell 3.2% Friday as weather models cut cooling demand, erasing a two-day rally. Inventories remain above average but the surplus is narrowing.
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.