Page 95 - Ommodities News Today

US Fed officials say they're not confident that interest rates are enough in battle against inflation

US subsidiary transfers all precious metal market risk to headquarters

Here is what you need to know on Friday, November 10: The US Dollar went into a consolidation phase early Friday after outperforming its major rivals on Federal Reserve (Fed) Chairman Jerome Powell's hawkish remarks late Thursday.

Silver (XAG/USD) attracts some dip-buying on Friday and for now, seems to have stalled the overnight rejection slide from the $23.00 round-figure mark.

At the end of the week, the XAG/USD plunged toward $22.30 and will close a 3% weekly loss, mainly driven by the US Dollar and yields recovering through the week, which pushed the metal’s price downwards.

Natural Gas is set to close this week at its lowest level in over a month, after prices are falling more than 10% since the opening on Monday as concerns over supply following the Middle-East war are fading quickly. Markets have bee

I don’t think investing is all that hard, but you need to pay attention to what economists call opportunity costs.

Gold staged a deep correction this week, declining to its lowest level in nearly a month below $1,950, after several failed attempts to stabilize above $2,000 earlier this month.

The massive purchase of US soy comes amid a bout of unfavorable weather for Brazil, the world's top supplier of the key commodity.

Overview: A poor reception to the 30-year Treasury sale and Federal Reserve Powell pledged to raise rates again, if necessary, not exactly a new ground, but it spooked the doves--driving rates sharply higher and fueling a strong dollar recovery.