Commodities

Palladium Prices at 5Yr-Low, Expected to be Even Weaker as Demand for Catalytic Converters Slides

 Commodities

Palladium (XPDUSD) prices fell below $1,000 an ounce for the first time in five years on Thursday, November 9, hitting as low as $991.53, bringing this week's losses to about 10% as concerns about a global economic slowdown grew.

November 10, 2023

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Oil Prices Have Nowhere to Go but Up

Oil Prices Have Nowhere to Go but Up

Saudi Arabia's oil exports plunged to March 2021 lows, dropping to around 5.6 million barrels per day.

September 1, 2023

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Gold: Three Major Reasons of the Current Sluggishness

Gold: Three Major Reasons of the Current Sluggishness

Gold and most other precious metals have been under pressure lately due to several factors.

June 21, 2023

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Saudi Arabia is Losing Patience with Kremlin’s and White House’s Roles in Undermining OPEC Efforts

Saudi Arabia is Losing Patience with Kremlin’s and White House’s Roles in Undermining OPEC Efforts

Crude oil is sliding again, despite a series of Draconian production cuts, imposed by OPEC+ since the beginning of this year.

June 9, 2023

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U.S. Natural Gas Sees Biggest Weekly Drop Year-to-Date

U.S. Natural Gas Sees Biggest Weekly Drop Year-to-Date

Warm weather persists across much of the country, reducing demand for gas for heating, while unseasonable heat in California increases demand for gas for air conditioning.

February 14, 2022

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Agricultural Analysts Urge to Abandon Tracking Cryptos for Now to Watch Coffee Futures’ Space Flight

Agricultural Analysts Urge to Abandon Tracking Cryptos for Now to Watch Coffee Futures’ Space Flight

Coffee futures soared 10% on Thursday, July 22, with prices posting their largest daily gain since early 2014 and reaching their highest mark since November 2014, as a severe combination of drought and frost threatened coffee crops in the world’s largest coffee grower, Brazil.

July 23, 2021

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What Recent Central Banks’ Unadvertized Moves Can Mean for the Gold Price Going Forward?

What Recent Central Banks’ Unadvertized Moves Can Mean for the Gold Price Going Forward?

There are four things that a person can watch eternally: fire, water, other people working and the price of gold.

May 28, 2021

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