Analysis: Commodities

Price retreat buoys demand in India; activity muted elsewhere

Physical gold demand in India improved slightly this week as a price pullback lifted buying interest among consumers, while activity in other top Asian hubs remained lacklustre. Gold...

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says

HARARE -Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on...

India's BPCL beats quarterly profit view on lower costs, improved demand

India's state-run refiner Bharat Petroleum Corp reported a better-than-expected quarterly profit, helped by a dip in costs and improved fuel demand. Standalone net profit doubled to...

Vietnam food association urges trade ministry to challenge Philippine rice import suspension

HANOI -The Vietnam Food Association has asked the country's trade ministry to challenge a move by the Philippines to suspend rice imports for two months, two sources told Reuters, with traders saying...

Gold nudges higher after US inflation data

Gold prices edged higher on Tuesday after U.S. inflation data sustained expectations of Federal Reserve interest rate cuts, while attention turned to other key economic data due this week. ...

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs

U.S. President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up...

Gold miners awaiting US clarity on gold bar tariffs, Barrick CEO says

TORONTO -Barrick Mining CEO Mark Bristow said on Monday that the gold industry is awaiting clarity from the White House regarding potential U.S. tariffs on gold bars, but added that, regardless of...

Barrick Mining tops profit estimates, lifts dividend despite Mali mine loss

Barrick Mining beat profit expectations for the second quarter and raised its dividend by 50% on Monday, as record-high gold prices helped offset lower production and a $1.04 billion charge from...

Gold falls as markets await inflation data, Trump clarifies no tariffs on gold

Gold prices fell on Monday after President Donald Trump said tariffs will not be placed on imported gold bars, while investors awaited a U.S. inflation report that could provide an indication of the...

World food prices at 2-year high on rising meat and edible oils, FAO says

PARIS -World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the...

Price rise dulls activity in top Asian hubs

Physical gold demand in key Asian hubs slipped this week as a rise in prices weighed on buying interest, while higher rates encouraged some to cash in on their holdings. Buyers aren't...

US imposes tariffs on one-kilo gold bars, FT reports

WASHINGTON -The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection. The letter...

China's central bank extends gold purchases to ninth straight month in July

BEIJING -China's central bank added gold to its reserves in July, its ninth consecutive month of purchases, official data showed on Thursday. China's gold reserves rose to 73.96 million...

Safe-haven gold touches 2-week peak on trade tensions, rate cut hopes

Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after U.S. President Donald Trump's tariffs went into effect and U.S. jobs data added to rate-cut expectations. ...

Swiss cheesemakers fear for US sales if hit by tariffs

Yverdon-Les-Bains, Switzerland -Swiss cheese producers are bracing for a steep drop in U.S. sales after President Donald Trump announced a 39% tariff on Swiss imports due to take effect on Thursday. ...

Safe-haven gold gains on tariff uncertainty ahead of August 1 deadline

Gold prices rose on Thursday as traders turned to the safe-haven asset amid ongoing tariff uncertainty ahead of U.S. President Donald Trump's August 1 deadline to end negotiations. Spot...

Gold falls to near 3-week low as US-EU deal boosts risk appetite ahead of Fed meeting

Gold fell to a near three-week low on Monday as a U.S.-European Union trade accord lifted the dollar and risk sentiment, while investors awaited fresh cues on rate policy from this week's Federal...

High prices stifle gold demand in top Asian hubs; India widens discount

Physical gold demand in key Asian hubs was subdued this week, as rising prices dampened sentiment, prompting dealers in top consumer China and India to offer steep discounts to attract buyers. ...

Economists doubt Trump outlook that US will sell 'so much' beef to Australia

WASHINGTON/CANBERRA/CHICAGO -President Donald Trump said the U.S. will sell so much beef to Australia after Canberra relaxed import restrictions on Thursday, but economists and traders said high...