Commodities
Articles on commodities such as gold, iron, oil, cotton etc.
Oil price slump continues as second wave of COVID-19 may crush the oil market
Oil prices retreated further on Monday, with prices down more than 10% in less than a week.
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Brent crude drops, as COVID-19 caseloads rise in the world’s largest economies
Brent oil futures fell in an attempt to pull back some of its losses of about 8%.
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Crude oil records first weekly decline in six weeks
Recent dip is as a result of fears that a second wave of COVID-19 pandemic will disrupt the market.
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Gold price up ahead Fed Policy meeting details
Gold was up again on Wednesday in Asia, leveraging on its gains from the previous session. The safe-haven asset had...
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Copper hits six months high, Industrial demand spur bullish run
Copper futures on the LME gained about 0.8% at $5,822 per ton in official trading, after touching its highest level since Jan.
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Gold down over increased investor confidence in economic recovery
Gold futures have been down lately, as global investors lose interest in various safe haven assets and instead, commence investments in riskier assets.
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Africa may lose $4.8 billion in crop exports due to Coronavirus
The sector accounts for the jobs of as much as 60% of economically active people in the sub-Saharan part of the continent.
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