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Commodities Prices - Gold prices steady ahead of US election, Fed interest rate decision

04-11-2024 02:25

Gold prices were little changed on Monday as investor caution prevailed ahead of the US presidential election and looming Federal Reserve decision on interest rates. Spot gold held its ground to stand ...

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Ghana cocoa farmers hoard beans in anticipation of price hike

Cocoa farmers in the world's No.2 producer Ghana are hoarding beans in anticipation of higher prices, industry sources told Reuters, potentially squeezing supplies to a global cocoa market looking to ...

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Gold prices increase in Egypt amid global swings

Egypt - Gold prices in local markets rose by EGP 35 over the past week, increasing by 0.9%, despite a 0.4% drop in global gold prices due to intense sell-offs triggered by economic data indicating ...

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Oil prices rise by over $1 on OPEC+ output hike delay

BEIJING, Nov 4 (Reuters) - Oil prices rose by more than $1 in early trading on Monday after OPEC+ said on Sunday it would delay a planned December output hike by one month. Brent futures rose by $1.14 ...

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Commodity prices to drop through 2026 amid stabilising supply and demand shifts: World Bank Group

The commodity prices in the international markets will decrease by 5 percent in 2025 and 2 percent in 2026, following a 3 percent decline this year, reaching their lowest levels since 2020, the World ...

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