Analysis: Commodities

Retail investors turn attention to silver as GameStop shares retreat

A social media-driven buying spree lifted silver to an eight-year high on Monday, though prices later pared gains on doubts about the ability of retail traders that have been focused on stocks to sway...

Anglo American : Shares rally, retail surge drives silver to 8-year high

Global shares rebounded from last week's steep sell-off and silver prices surged on Monday as retail investors expanded their social media-fueled battle with Wall Street to drive the precious metal to...

Reddit is coming for silver. A short squeeze? Unlikely

Silver prices have rocketed to their highest since 2013 as retail investors, egged on by messages on Reddit, pile into the market in an attempt to push up prices, although most analysts and traders...

Reddit raiders swarm silver stocks as GameStop, BlackBerry retreat

Shares of silver mining companies were swept up into retail investors' battle with Wall Street on Thursday, with some notching double-digit gains driven by social-media hyped stock buying....

Oil gains on stimulus optimism ahead of Biden inauguration

Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth....

Oil prices climb on Chinese data, dollar weakness

Oil prices edged higher on Thursday, boosted by a weak dollar and bullish signals from Chinese import data but pressured by renewed worries about global oil demand due to surging coronavirus cases in...

Brent at 11-month high, yields end flat

Oil prices hit their highest in nearly a year on Tuesday on lower supply bets and Treasury yields tightened from 10-month highs after strong demand at an auction....

Toyota Motor : Wall Street wary of 'frothy' stocks, bubbly bitcoin

Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to frothy asset prices....

Saudi's surprise output cut to lift Brent to $60/bbl by mid-year - UBS

UBS raised its forecast for Brent oil prices to $60 per barrel by mid-year, following Saudi Arabia's surprise unilateral production cut and expectations of a sharp recovery in demand in the second...

Oil rises to 10-month high after Saudi output cut, U.S. inventory draw

NEW YORK -Oil prices rose to their highest levels since February on Wednesday after Saudi Arabia announced a big voluntary production cut and on a steep fall in U.S. crude inventories....

Stocks drop as virus cases rise; gold rallies

NEW YORK -U.S. stocks dropped more than 1% on Monday, pulling back from record highs in the first trading day of the new year as coronavirus cases surged, while the U.S. dollar edged up and gold...

After golden year for precious metals, silver set to shine in 2021

After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy...

Canada rejects bid by China's Shandong for Arctic gold mine on security grounds

Canada rejected Shandong Gold Mining's bid for indebted TMAC Resources, the companies said, amid concerns about a Chinese state-owned entity operating in the country's sensitive Arctic region....

Equinox Gold to buy Premier Gold Mines in $479.9 million deal

Canadian miner Equinox Gold Corp said on Wednesday it would buy Premier Gold Mines Ltd in an all-stock deal valued at C$611.7 million and simultaneously spin-out Premier's U.S. production assets....

Brent rises above $50/bbl for first time since March on vaccine optimism

Oil prices climbed nearly 3% on Thursday, with Brent surging above $50 a barrel for the first time since early March, fueled by hopes of a faster demand recovery as countries start to roll out...

Brazilian soy farmers try 5G technology with Huawei equipment

The Brazilian farm state of Goias rolled out a pilot project on Thursday to increase productivity and take fast action against disease using fifth-generation technology and equipment provided by...

Brent rises to highest since March after OPEC+ output cut deal

Global benchmark Brent crude prices rose 1% to their highest since early March on Thursday on renewed hopes for a U.S. stimulus deal and after major oil producers agreed to increase output by a modest...

AIMS APAC REIT : Global stock markets slide at end of record November

World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate...

Ivory Coast, Ghana cancel cocoa sustainability schemes run by Hershey

Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolatemaker of trying to avoid paying a cocoa premium aimed at...