Commodities News
Oil, gold, metals, energy and agricultural commodity markets.
Australian Rare Earth Miner Surges 29% After US Defense Department Backs Scandium Mine Project
An Australian rare earth miner surged as much as 29% after the US Department of Defense backed plans to build an Australian scandium mine to challenge China's critical minerals dominance
Aug 10, 2026
๐ GlobalSunrise Energy Metals Shares Surge 29% on $400M US Defense Department Critical Minerals Deal
Sunrise Energy Metals shares surged 29% after announcing a $400M investment deal with the US Department of Defense for a critical minerals project
Aug 10, 2026
๐ GlobalWheat Futures Surge Amid Black Sea Shipping Disruptions; Food Inflation Fears Resurface
Wheat futures surged amid Black Sea shipping disruptions that are disrupting grain export flows from Ukraine and Russia, two of the world's largest wheat producers
Aug 10, 2026
๐ GlobalCopper Prices Stabilize After Six-Week Surge Amid Supply Tightening and Demand Resilience
Copper prices have stabilized after a six-week surge as supply tightening from major mining regions continues to support base metal prices
Aug 10, 2026
๐จ๐ฆ CanadaRecord-Low Po River Forces Italian Farmers to Consider Crop Switches Amid Drought
Italy's Po River hit record-low levels, forcing farmers to weigh switching to drought-resistant crops
Aug 10, 2026
๐ GlobalHormuz Tensions Escalate as Reports of Another Tanker Strike in Persian Gulf
Iran reportedly struck another tanker in the Persian Gulf off Oman's coast, setting it on fire per Gulf News
Aug 10, 2026
๐ญ๐ฐ Hong KongSensex and Nifty Fall Early as Crude Oil Spike Overrides Asian Market Gains
Indian benchmark indices Sensex and Nifty fell in early trade as crude oil prices surged on geopolitical tensions
Aug 10, 2026
๐จ๐ณ ChinaGold Hits $4,400 Intraday on Weak US Jobs Data and Iran War Easing; Weekly Gain 7%
Gold surged over 7% weekly to touch $4,400/oz intraday as weak US NFP data weakened the dollar and Iran war ceasefire hopes reduced but didn't eliminate geopolitical premium.
Aug 9, 2026
๐ฎ๐ณ IndiaGold Price Surge Drives India Silver Rush as BIS Expands Hallmarking Labs Nationwide
Gold's price surge is driving a parallel silver rush as Indian consumers increasingly seek silver as an affordable precious metals alternative
Aug 9, 2026
๐บ๐ธ United StatesPacific Basin Shipping H1 2026: Record TCE Outperformance Amid Red Sea Rerouting Headwinds
Pacific Basin Shipping H1 2026 showed robust balance sheet and record TCE outperformance versus benchmark despite Red Sea rerouting adding 10-14 days and fuel costs to key voyages.
Aug 9, 2026
๐ฎ๐ณ IndiaGold Hits Seven-Week High as Weak US July Jobs Data Slashes Rate Hike Expectations
Gold surged to a seven-week high on Friday after US July jobs data came in significantly below market expectations
Aug 8, 2026
๐บ๐ธ United StatesGold Extends to Highest Levels in Over a Year After Bouncing Back on Friday
Gold rebounded sharply on Friday after a brief Thursday hesitation, reaching its highest price in well over a year
Aug 8, 2026
๐ GlobalCopper Hits London Record Close as Tight Supply and Electrification Demand Converge
Copper headed for a record close in London as tight global supply and strong demand pushed prices above all historical benchmarks
Aug 8, 2026
๐บ๐ธ United StatesGold Surges to Highest Since June on Fed Rate-Cut Bets and Middle East Tensions
Gold prices reach their highest level since June, driven by softer US employment data raising rate-cut probability and Middle East geopolitical tensions elevating safe-haven demand.
Aug 8, 2026
๐ฎ๐ณ IndiaIndia Bullion Exchange CEO on Three-Month Notice as Leadership Exit Clouds Platform's Future
The India International Bullion Exchange CEO is serving a three-month notice period ending in November, according to sources, following the resignation announcement.
Aug 8, 2026
๐ฉ๐ช GermanyPU Prime Launches XAUUSD247 for Round-the-Clock Gold Trading as Safe-Haven Demand Surges
PU Prime is expanding its gold trading offering with XAUUSD247, enabling 24/7 continuous spot gold trading access.
Aug 7, 2026
๐ GlobalIndia Bullion Exchange CEO Resigns, Dealing Setback to Four-Year-Old Platform's Growth Drive
The head of India's only dedicated bullion exchange has stepped down, dealing a strategic setback to the four-year-old platform.
Aug 7, 2026
๐ธ๐ฌ SingaporeOil Settles Up $3 as Iran Reviews Bill to Block US and Israeli Vessels From Hormuz Strait
Crude oil prices settled $3 higher as Iran reviews legislation that would ban US and Israeli vessels from the Hormuz Strait
Aug 7, 2026
๐ GlobalUS Imports of Saudi Crude Hit Zero in July 2026, First Full-Month Drought Since 1985
US imports of Saudi Arabian crude oil fell to zero in July 2026, the first full month at zero since 1985
Aug 7, 2026
๐ฆ๐บ AustraliaAustralia Surprises With Trade Surplus as Commodity Exports Defy A$1.08bn Deficit Forecast
Australia posted a surprise trade surplus as commodity exports strengthened, defying forecasts of a A$1.08 billion deficit
Aug 7, 2026
๐บ๐ธ United StatesGlencore's Core Earnings Surge 86% on Rising Energy Prices, Signaling Commodity Cycle Strength
Glencore (GLNCY) reported an 86% surge in core earnings driven by higher energy commodity prices, reflecting broad commodity cycle strength.
Aug 6, 2026
๐ฎ๐ณ IndiaONGC Q1 Profit Before Tax Hits Record High on Elevated Crude Prices
ONGC's Q1 profit before tax reached a record high, driven by elevated crude oil prices boosting upstream margins
Aug 6, 2026
๐ GlobalUS Diesel Exports Hit Record as Global Supply Scramble Drains Domestic Stockpiles
The US shipped a record volume of distillate fuel overseas last week as domestic diesel stockpiles fell again
Aug 5, 2026
๐บ๐ธ United StatesASX Hits Record High as US-Iran Tensions Ease; BHP Leads Rally
Australia's ASX benchmark hit a record high as diplomatic signals of easing US-Iran tensions lifted global risk appetite
Aug 5, 2026
๐บ๐ธ United StatesDow and S&P 500 Reach New Record Highs as Crude Oil Extends Steep Decline
Dow Jones and S&P 500 reach record highs as strong tech earnings drive equity markets higher; crude oil extends sharp nosedive in rare divergence
Aug 5, 2026
๐จ๐ฆ CanadaAustralian Stocks Touch Intraday Record as Iran De-escalation and Economic Data Align
Australia's stock benchmark briefly climbed to an intraday record high on easing US-Iran conflict fears and supportive domestic economic signals
Aug 5, 2026
๐บ๐ธ United StatesCocoa Prices Surge 10% to Two-Week High on Ghana Crop Deterioration Concerns
ICE NY September cocoa futures rose 10% in one session to two-week highs, with London cocoa up nearly as much.
Aug 4, 2026
๐บ๐ธ United StatesChevron Falls as Oil Prices Plunge โ Integrated Majors Face Margin Compression
Chevron shares fell as crude oil prices plunged on US-Iran diplomatic progress, compressing near-term earnings estimates.
Aug 4, 2026
๐บ๐ธ United StatesCopper Surges Ahead of Key Tariff Decision โ COMEX Spread Widens, Miners Rally
Copper prices surged as traders positioned ahead of a key US tariff decision that could reshape import flows.
Aug 4, 2026
๐บ๐ธ United StatesDeutsche Bank Analyst Projects Gold to Surge to $4,600
A Deutsche Bank analyst raised the gold price target to $4,600, citing sustained central bank demand and de-dollarization trends
Aug 4, 2026