April 11, 2025 6:20 am
The severe outbreak of avian influenza (bird flu), which has led to a major egg shortage in the U.S., has been escalating for months. Now, with the newly introduced universal tariffs by President Donald Trump, concerns are growing over where Americans will source their eggs; and how much a carton might cost ahead of Easter. […]
Read moreApril 10, 2025 12:19 pm
Key moments Brent futures sank 2.29% to $63.98 on Thursday. WTI futures suffered a decline of 2.41% to $60.85. Traders continue being influenced by a potential decrease in crude oil demand as US-China trade tensions weigh on markets. Oil Futures See Significant Losses on Thursday Crude oil markets experienced another day of downward pressure on […]
Read moreApril 10, 2025 8:36 am
Spot Silver held in proximity to a one-week high of $31.31 on Thursday amid a rebound in commodities, after the US announced a 90-day pause on the newly implemented reciprocal tariffs for most nations. The new tariff rates on imports from the majority of US trade partners have been lowered to 10% for 90 days […]
Read moreApril 10, 2025 7:08 am
Spot Gold extended gains on Thursday, while holding within striking distance of record high of $3,167.57 per troy ounce, as market players rushed to the safe haven metal after the US increased tariffs on China – the latest escalation of the trade conflict between the two nations. US President Trump announced on Wednesday that the […]
Read moreApril 9, 2025 9:02 am
Key moments Brent crude futures suffered a significant 3.31% decrease on Wednesday. WTI crude futures fell sharper, dropping 3.56% to $57.46 after earlier fluctuations saw prices slide below $57. Oil prices sank on concerns that ongoing trade war escalation could lead to a recession. Brent and WTI Futures Plummet Amid Economic Jitters Wednesday witnessed a […]
Read moreApril 9, 2025 8:39 am
Spot Silver rose more than 1% on Wednesday, holding above the $30.00 mark, while the US Dollar lost ground after US tariffs on China took effect. The US Dollar Index was last down 0.47% to 102.424. A weaker dollar makes dollar-priced Silver more appealing to international investors holding other currencies. US President Trump ramped up […]
Read moreApril 9, 2025 6:50 am
Spot Gold surged more than 1.5% on Wednesday, while the US Dollar lost ground after US tariffs on China took effect. The US Dollar Index was last down 0.75% to 102.141. A weaker dollar makes dollar-priced Gold more appealing to international investors holding other currencies. US President Trump ramped up tariffs on Chinese imports to […]
Read moreApril 8, 2025 1:21 pm
Key moments LME copper went up almost 1% on Tuesday, bringing its price close to $8,800 per metric ton. COMEX copper futures also went up, rising by 2.08% to $4.2730. The recent price volatility in copper markets can be largely traced back to the trade tensions that have gripped global markets. Tuesday Witnesses Copper Futures […]
Read moreApril 8, 2025 9:01 am
Spot Silver rebounded from a 7-month low of $28.37 per troy ounce, while steading above the $30.00 mark, amid shifting global trade dynamics. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism over a potential easing of trade tensions. US Treasury Secretary Scott […]
Read moreApril 8, 2025 7:09 am
Spot Gold rebounded from a 3 1/2-week low of $2,956.56 per troy ounce on Tuesday, while reclaiming the $3,000 mark, as concerns over an escalating global trade war continued to underpin safe haven assets. Yesterday US President Trump ramped up tariff threats against China, while the European Union outlined plans for retaliatory levies. “Escalation of […]
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