Commodities

A Shift in the Monetary Landscape The global currency and commodity markets experienced a significant shift this week as expectations for a Federal Reserve rate cut intensified. The US dollar, long considered a safe-haven asset, weakened as investors sought opportunities in other currencies and commodities.Fed’s Dovish TurnA key catalyst for …

China has announced a ban on exporting minerals with potential military applications, including gallium, germanium, and antimony, to the United States. The move, effective immediately, comes a day after Washington imposed stricter measures targeting China’s chip sector, further intensifying trade tensions between the two global economic giants. Details of the …

Oil prices ticked higher on Tuesday, reflecting cautious optimism among traders ahead of a key OPEC+ meeting, but the market remains weighed down by concerns over weak demand and a lack of bullish catalysts. Market Performance Brent crude futures gained 0.4%, trading at $72.14 per barrel as of 0704 GMT. …

Chinese chip companies, facing new export restrictions from the U.S., have pledged to intensify localization efforts and leverage stockpiled equipment to sustain operations. These measures, part of the U.S.’s third wave of crackdowns in three years, aim to curtail China’s semiconductor capabilities but have yielded mixed immediate results. The Latest …

Gold prices edged slightly higher in Asian trading on Tuesday but remained subdued, retaining losses from earlier in the week as anticipation of U.S. Federal Reserve signals and robust dollar strength kept the metal under pressure. Spot gold rose 0.1% to $2,640.77 per ounce. Gold futures for February delivery increased …

Dollar Soars on JOLTs Anticipation, Geopolitical TensionsEuro slumps amid French political turmoilPound, Aussie, and Yen under pressureOil prices steady, Gold and Silver retreatOption 3: More Detailed and AnalyticalThe US Dollar Index (DXY) gained momentum on Tuesday, surpassing the 106.70 level. This surge was fueled by a combination of factors, including …

Gold prices fell on Monday after President-elect Donald Trump threatened the BRICS nations with 100% tariffs if they attempt to replace the US dollar with their own currency. This warning boosted the US Dollar, which typically weighs on Gold prices since the metal is primarily priced and traded in USD. …

Saudi Arabia, the world’s top oil exporter, is likely to significantly reduce crude prices for Asian buyers in January, potentially marking the lowest official selling prices (OSPs) in years. This decision follows a decline in Middle East benchmark prices and reflects ongoing market dynamics, according to a Reuters survey of …

Oil prices advanced on Monday, driven by optimism over robust factory activity in China and renewed geopolitical tensions in the Middle East. However, concerns over potential oversupply in 2025 continued to cap gains. Market Movement Brent crude: Rose 57 cents (0.79%) to $72.41 per barrel by 0700 GMT. West Texas …

Gold prices declined in Asian trading on Monday, weighed down by a resurgent dollar following U.S. President-elect Donald Trump’s announcement of steep potential tariffs targeting the BRICS nations. While geopolitical tensions provided some haven demand, they were not sufficient to counteract the bearish pressures from currency markets. Gold Under Pressure …