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Gold prices hovered near five-month highs on Thursday, supported by a pullback in U.S. Treasury yields, while investors looked ahead to key U.S. economic data…

6/2/2021 SINGAPORE, June 3 (Reuters) - Chicago corn futures gained more than 1% on Thursday, recouping some of the previous session's losses, with concerns over dry U.S. weather and strong demand underpinning prices. Soybean oil rose to a 10-year high on worries over global edible oil supplies, while soybeans climbed for a third consecutive session. FUNDAMENTALS * The most-active corn contract on the Chicago Board of Trade (CBOT) rose 1.3% to $6.83-1/2 a bushel, as of 0043 GMT, after dropping 2% on Wednesday. * Soybean oil futures added 1.5% to hit their highest level since 2011 and soybeans ...

PRECIOUS-Gold flat as Yellen's comments on rates counter muted dollar Reuters 2 hrs ago May 5 (Reuters) - Gold prices were flat on Wednesday, as concerns over possibility of higher U.S. interest rates countered a subdued dollar, while palladium held firm after scaling a record high in the previous session. FUNDAMENTALS * Spot gold was unchanged at $1,778.53 per ounce by 0137 GMT, after falling over 1% in the previous session. * U.S. gold futures rose 0.2% to $1,779.00 per ounce. * Palladium rose 0.1% to $2,985.81 per ounce, after scaling an all-time high of $3,017.1...

By Reuters Staff 2 Min Read HANOI, May 5 (Reuters) - Copper prices rose past a key psychological level of $10,000 a tonne on Wednesday, buoyed by optimism about global economic recovery, but trading volume was tepid due to China market holidays. Three-month copper on the London Metal Exchange rose as much as 0.6% to $10,030, its highest level since February 2011 when the contract hit its record high of $10,190 a tonne. Aluminium advanced 0.5% to $2,441 a tonne at 0338 GMT, nickel increased 1.2% to $17,885 a tonne and tin climbed 1.9% to $29,535 a tonne. The U.S. economy is growing at its fast...

PRECIOUS-Gold eases from 2-week high as economic recovery hopes grow Reuters 1 hr ago April 7 (Reuters) - Gold prices inched lower on Wednesday, retreating from a two-week high hit in the previous session, as a raft of strong U.S. data boosted hopes of a quick economic recovery. FUNDAMENTALS * Spot gold was down 0.2% to $1,739.46 per ounce by 0127 GMT. Gold futures slipped 0.1% to $1,740.90 per ounce. * Bullion prices had jumped on Tuesday to their highest since March 25 at $1,745.15, as U.S. Treasury yields fell and the dollar slipped to a two-week low against a basket of ...