On Thursday, the district administration of India provided a channel for the delivery of commodities to all households. Still, residents complained of low availability of food items and a steep rise in the prices of products. The affected population resides in the surrounding area of Chhoti Nadi and Bari Nadi. Many families in these areas …
Residents of India Fume as Prices of Food Commodities Rise Read More »
Soybean futures in Chicago show high volatility. In May soybean futures settled 5¼¢ lower at $8.81¼. In July soybean futures closed 2¾¢ higher at $8.84¾.l Diverse factors have influenced the soybean market. The main reason for the pressure of the prices is the coronavirus, which reduced demand from China. Now the outbreak is suspending ports …
Soybean Prices Remain High, Despite an Increase of Supply Read More »
The price of oil rose modestly on Tuesday, March 24. Still, they closed far from their highs of the day. The future of the benchmark Brent gained 12 cents, or 0.4 %, to $ 27.15 a barrel. While those of the West Texas Intermediate ( WTI ) in the United States rose 65 cents, or …
Oil: WTI and Brent Prices Closed with moderate Gains Read More »
Gold prices jumped more than 4% on Monday, reversing previous losses. Investor confidence was boosted by the Fed’s aggressive new measures to combat the economic impact of the coronavirus outbreak. The Federal Reserve announced that the US central bank would very aggressively buy more securities. The metal prices climbed from modestly higher levels to sharp …
Gold Climbs More Than 4% – Fed took new measures Read More »
According to the director of the National Iranian Copper Industries Company, it has been working to provide a platform for more production and investment in the past year. The company declares that as a result of last year’s achievements and plans for the current year, they will see a 6-year production jump. In an interview …
National Copper Company of Iran Plans for Production Jump Read More »
Texas oil opened Thursday with a rise of 8.93 percent, to $ 22.19 a barrel. Oil has experienced three days of falls. It took it to its lowest levels in almost two decades as the coronavirus and the conflict between Russia and Saudi Arabia plummeted the demand of the commodity. The international benchmark Brent barrel …
Oil prices rebound 8.9% After The Central Bank Measures Read More »
After being crushed by the coronavirus, China’s gigantic commodities industry is making a gradual but uneven return to normality. Oil and coal use slowly trend higher since factories resume operation, and people return to work. Metal’s stockpiles are still growing. Soybean processing has decreased due to a drop-off in imports. Investors are hoping that China’s …
On Tuesday, at 17:00 (HCE), the cost of silver fell to $12.44 an ounce on the Stock Exchange of London LBMA Precious Metals. Silver price per gram equals $ 0.40. Silver remains vulnerable to a new wave of sales. The metal’s dimming industrial demand outlook is preventing it from attracting haven demand that’s supporting gold …
The price of gold and silver registered sharp falls at the beginning of the new week, hit by general sales in all markets, in a context of extreme financial volatility not seen in decades. Gold dropped about 4% to $ 1,478 an ounce, its lowest level since December 2019. The price of silver plummeted around …
Investors Sell Everything to get Cash as Quickly as Possible Read More »
Extensive purchases of masks and sanitizers by people to cope with the virus outbreak has caused these products to disappear from the market. Consequently, their prices have increased. Moreover, merchants are selling items, regardless of the rates set by the government. Since demand for the face masks and sanitizers has risen in the market, profiteers …
.Corn prices went down after the suspension of the agreement between China and the US. The paralysis of the agreement between these two countries means that there is no demand for agricultural products from China, which affects the prices of cereals very negatively. Corn is a king in the world of the cereal market. Experts …
Corn prices are down after the suspension of the agreement Read More »
Crude prices have rebounded from their lowest level in four years on Wednesday. The market opened with gains in the hope that the economic stimulus from the United States could generate an increase in world demand for oil. The North Sea Brent barrel of oil for April deliveries was trading at $ 58.08 at the …
Copper prices rebounded on Tuesday from the lows of more than three years earlier, as cases of coronaviruses in China fell. Furthermore, countries around the world are preparing to take stimulus measures to contain the economic impact of the virus outbreak. The United States, Japan, and other countries announced their plans to stop the effect …
Given Uncertainty About the Coronavirus, Copper Prices Surge Read More »
Gold prices fell on Monday after reaching $ 1,700, as investors sold bullion amid the collapse of the stock and energy markets, eclipsing demand for the metal as a haven. At the same time, Palladium sank up to 8% on the day. In a volatile session, spot gold rose 1.7% to $ 1,702.56 an ounce, …
Gold Prices Recede After Exceeding $1,700 for Profit-Taking Read More »
Gold prices were up 0.5% at $1,678.25 per ounce on Friday. Earlier, it touched its highest since January 2013, $1,689.65, or 1.2%. U.S. gold futures increased 0.5% to $1,679.50. Metal prices were on track for their biggest weekly boost since January 2009. The global spread of the coronavirus made growth prospects unclear and sent investors …
Gold’s Road to the Most Significant Increase in 11 Years Read More »
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