Gold prices fell Wednesday, paring some of the December rally and continuing a stretch of volatility. Still, the precious metal is up more than 20% for the year.
Commodities & Futures
A recent climb in the price of cocoa is fueling tensions between West African growers and candy makers.
Bank of China has been fined nearly $8 million over an investment product that generated big losses for individual investors when U.S. oil prices briefly went negative.
Investors are piling into wagers on industrial metals like copper and nickel, betting that coronavirus vaccines and stimulus programs will drive a boom in manufacturing activity as part of a global economic resurgence.
The weather phenomenon known as La Niña—the cool sister of the better-known El Niño—occurs every few years and has a history of have creating significant market volatility and raising prices for many foods.
Even as steel production in the West stumbles because of the coronavirus pandemic, iron-ore prices are surging again as steelmakers in China keep output high to support the economic recovery there.
Platinum is attracting renewed interest as a global push for cleaner energy and waning demand for gold promise to lift demand for the metal.
The energy supplier is trying to sell its portfolio of LNG supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG prices.
The U.S. has an ample supply. That’s good news for restaurants and others heating outdoor spaces during the Covid-19 pandemic.
A recent rise in oil prices continued on Tuesday, sending crude to its highest level since early March with investors wagering on a brighter economic outlook and higher demand for fuel.
Lumber prices are making an unusual late-season climb, thanks to builder-friendly autumn weather and suppliers stocking up for what they expect to be another big year for home construction.
Natural-gas prices fell Thursday, extending a recent November slide with moderate temperatures limiting demand for the power-generation fuel.
China’s voracious appetite for imported meat is starting to wane, as domestic pork prices fall and consumer worries grow about the coronavirus lingering on food.
Investors have piled into bullish wagers on soybeans, corn and wheat after the coronavirus pandemic had cast doubt on demand.
A rebound in auto production in China and increased demand for medical gloves have sent prices for rubber soaring, making it one of the best-performing commodities in the world in recent months.
A Democratic administration raises concerns about potentially stricter environmental regulations.
Winter’s approach and a lot of working from home have lifted natural-gas prices to more than double their summer lows.
China’s effort to boost pork production, and buy more U.S. grain and meat following this year’s U.S.-China trade agreement, are driving a surge of American farm goods across the Pacific.
Poor weather in cotton-producing regions of the U.S. has weighed on production.
The threat of new coronavirus lockdown measures around the world have dragged down raw materials prices, heightening concerns that investments tied to the global economy are set for another painful selloff.