In the end, it was the age-old relationship that decided it: gold’s inverse relationship with the dollar. With the dollar weakening due to uncertain economic news and […]
Gold price at a new high, what happens next?
Posts archive for 2023
Russian domestic wheat prices have reached the lowest level since 2019
On March 29, 2023, the average Russian domestic third-grade wheat price in Russia dropped to RUB 11,550 (USD 147) according to SovEcon’s estimates. This is the lowest […]
Illegal miners in the Amazon expand into copper as price rises
Authorities in Brazil are cracking down on illegal copper mining in the Amazon because high prices for the lead metal are attracting black market operators who normally […]
NBA lifts its ban on marijuana according to report
The National Basketball Association (NBA) is reportedly removing its ban on marijuana from its list of banned substances and will no longer drug test players for it […]
Gold price now over $2000, what about silver?
What happens to the price of silver when gold is now trading above $2,000 per troy ounce. Silver has just broken out of a recent resistance and […]
The search for clues to the nickel mystery starts with a kick
The revelation that around $2 million of ‘nickel’ on the London Metal Exchange (LME) was actually just bags of rocks has shone a spotlight on the vast […]
Funds dump copper amid financial market turbulence
Funds have dumped their bets on higher copper prices, as the financial market turbulence triggered by the collapse of Silicon Valley Bank continues to stress stock markets. […]
Oil prices fall on weak FED energy report
The oil price is falling, it fell by about one percent on Wednesday, although the commodity is on track to rise by about five percent this week. […]
Copper price rises as banking turmoil eases
Copper price rises, the price of copper futures has risen during the week after a deal to buy the assets of troubled US lender Silicon Valley Bank […]
Coffee is not the world’s second most traded commodity (but it is important)
“Coffee is the world’s second most traded commodity after oil”: you will find this written in published books, countless websites, academic papers and more. Recently, Starbucks even […]
