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Commodities Prices - World food prices reach 18-month high in October, UN says

08-11-2024 00:10

The United Nations' world food price index rose in October to its highest level since April 2023 as vegetable oils led increases seen in most food staples, data showed on Friday.

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Gold prices edge higher; rebounding after sharp losses

Investing.com-- Gold prices edged higher Friday, rebounding after the previous session's steep losses as traders reassessed the potential for geopolitical tensions during a Donald Trump presidency. At ...

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Commodity prices fall after Donald Trump elected US President

Commodity prices started to fall overnight as traders started to price in the likelihood of a Trump win. "This scenario is expected to bring about the promised tariffs on imported goods, particularly ...

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Why commodity prices are expected to fall to their lowest level since 2020

The main driver of the price index decline remains energy, which is due to ample production of crude oil as supply increases in countries such as Brazil, Canada, Guyana and the US, while OPEC+ ...

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Will interest-rate cuts turbocharge oil prices?

When commodity prices move in tandem, it is usually because real-world events jolt markets. China is the world’s biggest consumer of raw materials, so its economic leaps and stumbles matter.

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