Commodities

HSBC Raises Average Gold Price Forecasts

HSBC has raised its average gold price forecasts in response to various factors including geopolitical risks, expectations of ongoing monetary…

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EPA Mandates Removal of All Lead Pipes in the U.S. Within Ten Years, According to Reuters

The Biden administration has enacted a significant regulation requiring water utilities across the nation to replace nearly all lead pipes…

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Gold ETFs See Fifth Consecutive Month of Inflows in September, According to WGC – Reuters

LONDON (Reuters) – Global physical gold exchange-traded funds (ETFs) saw their fifth consecutive month of inflows in September, with funds…

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Japan’s Chief Cabinet Secretary Matsuno Warns Rising Oil Prices Could Hurt Corporate Profits, According to Reuters

Japan Monitors Oil Prices Amid Economic Concerns Japan’s new chief cabinet secretary, Hirokazu Matsuno, announced on Tuesday that the government…

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Oil Up, but OPEC+ Decision to Restrain Supply Caps Gains

By Gina Lee Oil prices increased on Tuesday morning in Asia, although they retreated from the peak levels reached during…

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Gold Declines as Dollar Gains Strength, but Persistent Inflation Concerns Limit Losses

By Gina Lee Gold prices saw a decline on Tuesday morning in Asia, with the dollar strengthening despite ongoing concerns…

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California Oil Spill Investigation: Ship Anchor Cited as Possible Cause

By Daniel Trotta HUNTINGTON BEACH, Calif. – More oil from a substantial offshore spill washed ashore in Southern California on…

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‘Catastrophic’ California Oil Spill Kills Fish, Damages Wetlands, Reports Reuters

By Gene Blevins and Jonathan Allen HUNTINGTON BEACH, Calif. – A substantial oil spill off the southern California coast has…

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Oil Prices Settle Lower After Surprise US Inventory Build

Oil prices experienced a decline on Wednesday for the third consecutive day, as an unexpected increase in U.S. inventories raised…

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Gold Prices Fall Below $2,400 Amid Rate Jitters, Copper Affected by Profit-Taking

Gold prices experienced continued declines in Asian trading on Thursday, retreating further from their recent record highs. This downturn was…

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