Gold climbed to a record after another faster-than-forecast US inflation print and an uptick in applications for unemployment benefits substantiated bets that the Federal Reserve will cut interest rates next week.
Trading of CME Group Inc.’s nearly three-year-old lithium hydroxide futures contract is soaring, with more funds crowding into the budding market as prices of the battery metal falter.
Gold surged above $2,200 an ounce for the first time as investors grew more confident about the Federal Reserve’s path for rate cuts, boosting the appeal of non-interest bearing bullion.
In the race to build a North American hub to support the electric-vehicle industry and challenge China’s dominance, one tiny Quebec community is charging ahead.
When the oil market liberalized in the 1970s, a group of commodity trading buccaneers led by the infamous Marc Rich made fortunes by connecting buyers and sellers and surfing the price swings of this newly tradable commodity.
Booming demand for batteries powering the world’s shift into electric vehicles is rekindling US cobalt production after at least a 30-year hiatus.
Gold slipped as fresh data continued to paint a mixed picture of the US economy, clouding the outlook for the Federal Reserve’s interest-rate path.
Gold climbed higher, helped by a continued decline in Treasury yields, as traders weighed concerns that central banks’ monetary tightening will lead to recession and the possibility that bond rates may have reached a peak.
The world’s top gold mining executives see cost pressures sticking around into next year, adding to industry headwinds fueled by economic and political uncertainty, supply-chain disruptions and surging interest rates.
Gold fell to the lowest since April 2020 amid expectations of more aggressive interest-rate hikes by the Federal Reserve despite a fresh round of mixed US data.
Gold declined after Federal Reserve Chair Jerome Powell warned against any idea that the US central bank would start loosening monetary policy soon.
Graphite is a key part of today’s electric vehicle batteries. It’s also tricky for Americans eyeing a tax break for buying climate-friendly cars.
Gold advanced and the dollar pushed lower after economic data showed the U.S. unexpectedly shedding jobs last month.
Gold rebounded as the dollar pared gains and a U.S. manufacturing gauge fell short of economists’ expectations.
Gold edged lower as investors assessed new economic data from China and the outlook for global inflation.
After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead.
It’s probably a good time to invest in commodities now when prices are lower, according to former Goldman CEO Lloyd Blankfein.
A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.
Investors continue to pile into gold-backed exchange-traded funds, with holdings at a record.
