Commodities

11 October 2024
Wheat Rises as Dry Weather Impacts Global Crops

Chicago wheat rose for a fourth session, driven by dry weather concerns, with focus shifting to the USDA supply-demand report. – vtmarkets.com

10 October 2024
Oil Hikes on War Concerns, U.S. Storm Fears

Oil prices surge with Middle East supply fears and fuel demand spike, as traders weigh geopolitical risks against weak global demand. – vtmarkets.com

9 October 2024
Oil Prices Steady Amid Middle East Tensions

Oil prices stabilised in Asian trading as traders balance geopolitical risks against bearish demand signals and rising U.S. oil stockpiles. – vtmarkets.com

9 October 2024
Wheat Prices Rise With Supply Concerns

Chicago wheat futures gained for a third straight session on Wednesday, driven by ongoing dry weather that threatens yields in key regions. – vtmarkets.com

7 October 2024
Oil Retreats After Weekly Rise in Over a Year

Oil prices eased after last week’s strong rally, as markets focus on Middle East tensions and profit-taking weighs on early-week trading. – vtmarkets.com

7 October 2024
Dollar Pressures Soybean and Wheat Prices

Soybean and wheat prices continue to drop as the U.S. dollar strengthens, with forecasts of record U.S. crop supplies adding downside pressure. – vtmarkets.com

4 October 2024
Wheat Holds Steady Below a 3.5-month High as Supply Risks Persist

Wheat futures fell by 0.8%, yet remain up 3.4% for the week due to Russian drought concerns and export restrictions. Meanwhile, soybean prices stayed flat, with the market under pressure from improved weather conditions in Brazil, easing supply worries. – …

27 September 2024
Wheat Prices Fall 1% on Low Demand, Yet Post Weekly Gains

Wheat prices have displayed resilience following an extended decline from the $7.07 high to a low of $4.94. On the daily chart at vtmarkets.com, the price is now testing the 5.60 level, with the moving averages starting to level out, …

25 September 2024
Gold Near Record Highs Amid Middle East Tensions and Weak Dollar

Gold prices remained elevated at $2,658.07 per ounce after reaching a record high of $2,664.25. This move higher can be traced to two major factors. First, the dollar weakened by 0.2%, making dollar-denominated gold cheaper for holders of other currencies. …

23 September 2024
Gold prices near record highs as Fed’s aggressive rate cut drives demand

Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal …

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