Commodities News
Commodity market news including oil prices, gold, silver, natural gas, and agricultural futures. Track supply, demand, and geopolitical price drivers.
Mobix Labs Shares Surge 79% on Rare Earth Deal and Note Amendment
Mobix Labs shares soared 79% after announcing a non-binding deal to acquire Special Project Delivery and securing $833,000 via a note amendment.
Silver Tumbles Below $80 as Oil Rally Fuels Dollar Strength
Silver slid below $80 on Friday, dropping 5.9% to $78.53 as oil's rally drove up the dollar and yields, eroding support for non-yielding metals.
Exxon Edges Higher as Oil Stays Above $100 Amid Inflation Jitters
Exxon Mobil rose 0.4% as oil stayed above $100, but Chevron and ConocoPhillips slipped on inflation and rate hike fears. The Energy Select Sector SPDR Fund edged down 0.1%.
Gold Extends Decline as Hot US Inflation Strengthens Rate-Hike Bets
Gold fell 0.6% to $4,686.99 as hot US inflation data bolstered bets on higher interest rates, while India's tariff hike sent local gold futures up 7.2%.
Copper Surges Past $14,000 on Supply Tightness and AI Demand
Copper prices on the LME surged past $14,000 a ton, approaching January's record, driven by supply concerns and AI/data center demand.
Crude Edges Down as Market Weighs Hormuz Risks Against Demand Concerns
Brent crude fell 0.2% to $107.58 and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting.
Gold Slips Below $4,700 as Dollar Strengthens and Inflation Data Surprises
Gold retreated from a three-week high, dropping 0.8% to $4,696.07, as a firming dollar and higher US inflation weighed on bullion demand.
Hormuz Tensions Drive RBOB Gasoline Futures Higher
RBOB gasoline futures climb 2% to $3.67 a gallon as Hormuz risks and falling inventories outweigh federal tax suspension hopes.
Brent Crude Holds Near $107 as Strait of Hormuz Risks Persist
Brent crude holds near $107 amid OPEC output at 20-year low and Strait of Hormuz disruptions. Traders weigh supply risks against demand concerns.
