Commodities

Natural gas prices increased in West Virginia Monday. The state Public Service Commission approved winter rates and unlike previous years, the rates have significantly increased.With natural gas prices up about four times as much as the price this time in 2020, the utilities are paying more to purchase gas and …

Oil prices settled higher on Monday as expectations of solid winter demand and a belief that a key producer group will not change the current production pace fast helped reverse initial losses caused by the release of fuel reserves by No. 1 world energy consumer China.Brent crude futures settled up …

Commodities are rising again, with copper, aluminum, crude oil, natural gas and wood reaping significant gains compared to pre-pandemic levels.Supply disruptions and a global push toward sustainability may be driving the commodity boom, even as fiscal stimulus and low rate policies also impact the overall economic scene.The U.S. government and …

The yellow precious metal price is barely moving although the short term market situation is not in favour of gold.On Monday, the troy ounce cost $1,788. Gold has been rather volatile recently and definitely shows an inverse correlation to the USD.Gold price will fluctuate pretty much this week in anticipation …

Gold prices stabilized Monday, November 1 as pressure from the US dollar continued, while investors cautiously awaited the US Federal Reserve meeting after data showed another spike in inflation. The dollar settled near a more than two-week high hit on Friday, making gold less attractive to buyers of other currencies. …

Fresh attacks and partisan row are ahead for U. S. economy  as Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession. The U. S. Dollar Index …

French president Emmanuel Macron has warned that an energy crisis threatens the world’s post-pandemic economic recovery. Macron also called for leaders at a G20 summit in Rome this weekend to work together to stabilize supplies.In an interview, the French president also urged bigger financial commitments towards the fight against global …

Fresh attacks and partisan row ahead for U. S. economy Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession and then piling on trillions of dollars …

U.S. energy firms added oil and natural gas rigs for a 15 successive months in October as oil prices soared to fresh highs, prompting some drillers to return to the drilling sites.The oil and gas rig count, an early indicator of future output, rose two to 544 in the week …

The Gold Index (XAU/USD) has slid during the New York session, down almost 1%, trading at $1,782. Earlier in the session, gold reached a fresh weekly low at $1,771 but bounced off the lows to stabilize at current levels.Risk-off market sentiment ignited a flight towards safe-haven assets, but it failed …