Analysis: Commodities

India's rice inventories hit record high, triples govt target

India's rice inventories surged to an all-time high of 29.7 million metric tons in November, sources said on Friday, nearly three times the government's target, as export curbs imposed over the past...

Gold ticks lower but holds near key $2,700 level

Gold prices eased on Friday but hovered around the $2,700 level, as traders assessed the impact of Donald Trump's presidency and its implications for the U.S. interest rate outlook. Spot...

Barrick sees deal with Mali over new mining code before year-end

Barrick Gold, the world's No. 2 miner, is confident of concluding talks for a new mining code with Mali's junta-led government before the end of the year, CEO Mark Bristow told Reuters on Thursday. ...

Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty

Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks create uncertainty around supply, Russell Hardy, CEO of Vitol, the world's...

Citi Sees Pressure on 2025 Oil Prices Under Trump

By Anthony Harrup A second presidential term for Donald Trump is likely to keep oil prices under pressure in 2025 by easing regulations on U.S. producers and potentially spurring the Organization...

ICE Canada Weekly Outlook : Price Trends Point Sideways as Resistance Counters Support

WINNIPEG, Manitoba---The ICE Futures canola market traded within a wide C$30 per tonne range during the first week of November, with the nearby price trends pointing sideways. There are a lot of...

Gold holds steady as market awaits US election outcome

Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race. Spot gold held its ground at $2,745.42 per ounce, as of 0218 GMT....

Commodities: Escalation or de-escalation?

Every week, our commodities overview reviews the latest developments on the commodities markets, to give you a better grasp of price variations in energy, metals and agricultural commodities.

Gold sluggish ahead of US election and Fed meeting

Gold traded in a narrow range on Tuesday as investors stayed away from taking big positions ahead of the U.S. presidential election and the Federal Reserve policy meeting later this week. ...

Demand weakness helps cushion tin from supply problems: Andy Home

LONDON -Tin demand last year was weaker than expected and is on course for only a modest recovery in 2024, according to the International Tin Association .  The soldering metal has...

Angola's draft budget forecasts 2025 deficit of 1.65%/GDP

Angola's government anticipates a budget deficit of 1.65% of gross domestic product in 2025, slightly higher than this year's projected 1.46% deficit, draft budget documents showed. The...

Gold little changed ahead of US payrolls data

Gold traded little changed on Friday as investors refrained from taking big positions ahead of the U.S. payrolls data that could provide further clues about the Federal Reserve's interest rate...

Woman calls out for missing loved one after deadly floods in Spain

STORY: :: A woman calls out for a missing loved one after devastating flooding in Spain :: @MarkKeaton1 via X :: Scores of people were killed after a year of...

Gold marches to record as US election jitters fuel safe-haven rush

Gold hit an all-time peak on Wednesday as investors flocked towards the safe-haven metal less than a week before the U.S. presidential election, while they awaited economic data for clues on the...

Asia shares stumble on China headwinds; gold and bitcoin buoyant

Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world's second-largest economy,...

Commodities overview: OPEC+ in the doldrums, gold against the odds

Every week, our commodities overview reviews the latest developments on the commodities markets, to gain a better understanding of the price movements in energy, metals and agricultural commodities....

Indonesia considers importing 1 million tons of rice from India next year, minister says

Indonesia is looking into options for importing 1 million tons of rice from India next year, coordinating minister for food affairs Zulkifli Hasan said on Tuesday. Indonesia's rice...

Gold prices hover near record peak on US election jitters

Gold prices lingered near record highs on Tuesday, supported by uncertainty surrounding the upcoming U.S. presidential election, while investors awaited key economic data for clues on the Federal...

Opportunity Cost of Holding Gold Is Falling: BlackRock

BlackRock's EMEA investment strategy head, Karim Chedid, says investors are looking at gold as a diversification hedge in the current market environment. When I consider that gold is a...