Commodities

Chicago corn and soybean futures experienced a modest rise on Friday but stayed close to their lowest levels since 2020. This trend points to a challenging week for these agricultural commodities, driven by favourable crop weather in the United States …

Key points Spot gold remained at $2,422.12 per ounce, close to its recent high of $2,449.89. U.S. gold futures slightly dipped by 0.1% to $2,425.60. Gold prices have shown resilience, holding their ground at $2,422.12 per ounce as of 0021 …

Key points Wheat futures increase by 0.31% after a 1.83% drop. Corn futures rise 0.49% following a two-week low. Soybean futures edge up 0.14%, rebounding from their lowest since November 2020. Chicago wheat, corn, and soybean futures showed a slight …

Key points: Oil prices decrease as US Gulf supply concerns ease Weak inflation data from China pressures oil prices Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in …

Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.

Key points: Chicago wheat prices remained stable on Friday, holding on to gains from the previous session due to strong demand. The market is on track for its largest monthly decline in two years, driven by harvest pressures across the …

Silver prices (Symbol: XAGUSD) have been on an upward trajectory in 2024 with 21% year-to-date, making it one of the best-performing commodities this year. Silver has outperformed its metallic counterparts, gold and copper, as well as the S&P 500 index.  …

Key points: Chicago wheat futures fell to $5.73-1/2 a bushel, the lowest since April. The U.S. dollar’s strength is impacting wheat, corn, and soybean prices. Chicago wheat futures experienced a dip to their lowest point since April, driven by a …

Key points:  Wheat prices dipped to a two-month low with an improved global supply outlook.  Soybean prices also declined, reflecting easing weather concerns.  Increased wheat production forecasts from major exporters like Russia and Argentina.  Wheat prices (Symbol: Wheat-C) fell on …

Key points:  Cocoa prices rise above $10,000 per metric ton, heading toward all-time highs.  Ivory Coast halts cocoa exports for June and forward sales for the next season.  Ghana delays delivery of up to 350,000 tons of cocoa beans due …