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Commodities Prices - Will the Economy or Recycled Copper Keep a Lid on Copper Prices?

16-05-2024 02:46

In the ever-evolving landscape of commodities, the interplay between economic forces and the availability of recycled copper emerges as a critical determinant of copper prices. As electric vehicles ...

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Inflation Soars to 33.69% Amid Higher Food, Energy, Commodity Prices

The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodity further increased to 33.69 per cent in April compared to 33.20 per cent in the preceding month, the ...

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Oil prices rise as softer CPI dents dollar, US inventories shrink

Oil markets were swept up in the broader cheer over soft readings on U.S. consumer price index inflation, which dented the dollar and saw traders increase bets on a September interest rate cut.

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Commodity Capsle: Gold Prices Inch Up Amid US Inflation Data Focus

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

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Gold prices edge higher with US inflation data on tap

High-for-longer rates bode poorly for gold, given that they increase the opportunity cost of investing in the yellow metal. Other precious metals also advanced on Tuesday. Platinum futures rose 0.1% ...

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