Page 79 - Ommodities News Today

Gold price hovers lower around $2,040 per troy ounce during the Asian session on Thursday.

West Texas Intermediate (WTI) Crude Oil prices struggle to capitalize on the weekly gains registered over the past two days and oscillate in a narrow band during the Asian session on Thursday.

Weakness in the dollar and geopolitical tensions are the major reasons for the bull trend in gold and silver, say analysts

Over its eight-year tenure, investors have received a net return of 12.9%, including the fixed interest payout of 2.75% each year

Gold price (XAU/USD) is seen oscillating in a narrow trading band during the Asian session on Thursday and consolidating its recent strong gains to its highest level since May 5, around the $2,052 area touched the previous day.

Open interest in natural gas futures markets shrank by just 185 contracts on Wednesday, partially reversing the previous daily build according to preliminary readings from CME Group.

Sovereign wealth fund Kuwait Investment Authority (KIA)-owned Kuwait Investment Company (KIC) has exited oil and gas upstream company Bawabet Al Kuwait after 19 years.   KIC ......

Oil prices are back to levels over 1% in the green as markets were nervous during the OPEC+ meeting. The deal is constructed to erase 2.4 million barrels per day out of production. The biggest

CME Group’s flash data for crude oil futures markets noted traders reduced their open interest positions by around 5.8K contracts after four consecutive daily builds.

Analysts say investors are undertaking a strategic shift in their portfolios towards precious metals