Analysis: Commodities

Gold hits 2-month peak on prospect of Democratic win in Georgia

Gold prices hit a fresh two-month high on Wednesday as the dollar slid on growing expectations of a Democratic win in the U.S. Senate run-off election in Georgia, which would likely lead to additional...

Thai rice exports to stay low in 2021 on global shipping container crunch

Thailand's rice exports are headed for another gloomy year after sinking to the lowest volume in two decades in 2020, exporters said, as a global shortage of shipping containers reduce the prospects...

Malaysia end-Dec palm oil stocks seen hitting over 13-year low as output falls

Malaysia's palm oil inventories likely tumbled in December to their lowest in more than 13 years, as production of the edible oil fell for a third consecutive month while exports jumped, a Reuters...

Gold inches down as dollar recovers; focus turns to Georgia race

Gold eased on Tuesday after hitting an eight-week high, as the U.S. dollar recovered ahead of Senate runoff elections in Georgia that will decide the future path of fiscal stimulus in the world's...

Exclusive: Vietnam buys Indian rice for first time in decades - industry officials

Vietnam, the world's third biggest exporter of rice, has started buying the grain from rival India for the first time in decades after local prices jumped to their highest in nine years amid limited...

Stocks drop as virus cases rise; gold rallies

NEW YORK -U.S. stocks dropped more than 1% on Monday, pulling back from record highs in the first trading day of the new year as coronavirus cases surged, while the U.S. dollar edged up and gold...

Ivory Coast 2020/21 cocoa port arrivals seen at 1.124 million T by Jan. 3 - exporters

Cocoa arrivals at ports in top grower Ivory Coast reached 1.124 million tonnes between Oct. 1 and Jan. 3, exporters estimated on Monday, down 4.9% from 1.182 million tonnes in the same period of last...

Gold hits eight-week high as tighter virus lockdowns loom

Gold prices started the new year on a high by notching an eight-week peak on Monday, as spiking COVID-19 cases and prospects of tougher restrictions boosted the safe-haven metal's appeal....

After golden year for precious metals, silver set to shine in 2021

After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy...

Gold set to end volatile 2020 with strong gains; silver outperforms

Gold steadied as the dollar extended losses on Thursday, with the metal on track for its best year in a decade on economic uncertainty and as governments worldwide doled out massive stimulus to lessen...

Gold prices on track for best year in a decade

Gold prices were on course for their best year since 2010 on Thursday, even as dimming prospects for increased U.S. stimulus checks and buoyant equities weighed on the metal in thin trade. ...

Gold gains as dollar weakens ahead of U.S. Senate stimulus vote

Gold prices edged up on Tuesday, helped by a softer dollar, as investors eyed a U.S. Senate vote on increased pandemic aid, although the gains were capped by higher Asian stocks....

Ivory Coast rains augur well for cocoa mid-crop

Above average rainfall and sunny spells in most of Ivory Coast's cocoa growing regions last week augur well for the April-to-September mid-crop amid a slowdown in buying, farmers said on Monday....

Gold gains 1% as Trump signs pandemic aid bill

Gold prices jumped 1% on Monday as investors cheered news that U.S. President Donald Trump signed into law a long-awaited pandemic aid bill, with a weaker dollar lending further support....

Bangladesh to cut duty on rice imports to cool record local prices

Bangladesh will slash the duty on rice imports in an effort to bolster reserves and cool record prices of the staple grain in the country, the food minister said on Sunday....

Gold rises on weaker dollar as market eyes Brexit deal

Gold prices rose on Thursday backed by a weaker dollar ahead of a widely expected Brexit trade deal, with uncertainties around a new variant of the coronavirus overshadowing vaccine optimism. Spot...

Exclusive: Bangladesh, India finalising first bilateral rice deal in 3 years - sources

Bangladesh is finalising a purchase of 150,000 tonnes of rice from India's NAFED, the New Delhi-based state agency told Reuters, in what would be the first such bilateral deal in three years after...

Gold rises on weaker dollar, stimulus hopes

Gold prices edged up on Thursday as the dollar eased and investors bet on further U.S. stimulus though President Donald Trump threatened to veto a long-awaited pandemic relief bill....

Stranded truckers fume as they wait to leave UK after COVID blockade

Furious truck drivers stranded at the English port of Dover scuffled with police as Britain sought to get cross-Channel traffic moving after a partial blockade by France to contain a highly...