Gold Miner Shares Soar 43% in August, Their Best Month Ever
Gold miners have climbed 43% in August, a record monthly performance, while the debasement trade lifts gold, copper and Bitcoin.
15 h ago11 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Gold holds steady as market awaits Warsh's Jackson Hole speech
Gold prices remain steady around $4,600 as traders await Fed Chair Warsh's Jackson Hole speech.
15 h ago5 min read
Venezuela reportedly considers OPEC exit as US ties deepen
Venezuela is reportedly weighing an OPEC exit and has discussed it with US officials. A withdrawal would have limited supply impact but could signal OPEC…
18 h ago11 min read
Gulf oil flows claw back from March trough but remain well under pre-war, Goldman says
Goldman Sachs estimates Gulf oil exports recovering to 15-16 million bpd, still far below pre-war levels, while noting adaptive shipping behavior.
18 h ago16 min read
Heavy disruption of Strait of Hormuz shipping continues
Only seven vessels transited the Strait of Hormuz, down from 17, as disruption continues with no end in sight to the US-Iran standoff.
18 h ago5 min read