Truist upgrades gold to neutral as real yields stabilize and dollar weakens
Truist raised its rating on gold to neutral from less attractive, pointing to stabilizing real Treasury yields, continued central bank…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Norway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On
Norway's crude output dropped nearly 10% year-over-year to 1.776 million barrels per day in July, according to the Norwegian Offshore…
Gold outlook rises as dollar weakens after Treasury buyback plan
The U.S. dollar weakened after the Treasury expanded its bond buyback program, and traders now see a higher chance gold…
Refining margins hit record highs as U.S.-Iran standoff squeezes fuel supply
Refining margins for diesel and gasoline have climbed to record or near-record levels even as crude oil trades around $90…
Gold rallies above $4,500 after Treasury bond move, Fed minutes show rate hike push
Gold pushed above $4,500 an ounce on Thursday for the first time since early June after the U.S. Treasury said…
