Commodity Fundamental Reports

Oil prices remained at 14-month lows on Thursday as demand concerns in the U.S. and China, along with potential supply increases from Libya, outweighed a significant drawdown in U.S. inventories and delayed output hikes by OPEC+.

Gold prices edged higher on Wednesday, supported by a weaker dollar and lower yields after data revealed a sharp drop in U.S. job openings, the lowest in over three years. The unexpected decline fueled speculation of a substantial rate cut by the Federal Reserve at its upcoming meeting, with traders now betting on a 50-basis-point reduction.

Gold prices fell to a one-week low on Tuesday, pressured by a stronger dollar as investors await key U.S. data that could influence the Federal Reserve’s upcoming policy decisions.

Gold prices slipped to their lowest in over a week on Monday as the U.S. dollar strengthened, with investor focus shifting to key economic data releases this week for insights into the Federal Reserve’s rate cut trajectory.

Gold prices ended the week lower, surrendering the marginal gains from the previous week as the dollar and Treasury yields strengthened following U.S. inflation data. Despite this week’s decline, gold remained set for a monthly gain, bolstered by strong expectations of a Federal Reserve rate cut in September.

Gold prices ended the week lower, surrendering the marginal gains from the previous week as the dollar and Treasury yields strengthened following U.S. inflation data. Despite this week’s decline, gold remained set for a monthly gain, bolstered by strong expectations of a Federal Reserve rate cut in September.

Oil prices climbed over a percent on Thursday, driven by supply disruptions in Libya, where more than half of the country’s output was offline, and Iraq’s plans to reduce production in September to comply with OPEC quotas.

Gold prices fell on Wednesday, pressured by a stronger U.S. dollar as investors await key inflation data to gauge the likelihood of a Federal Reserve rate cut in September.

Gold prices climbed on Tuesday, supported by a weaker dollar, as investors anticipate key inflation data later this week. The market’s focus is on the upcoming Personal Consumption Expenditures (PCE) report.

Gold prices strengthened on Monday, approaching a recent record high as investors responded to dovish signals from Federal Reserve Chair Jerome Powell and escalating geopolitical tensions in the Middle East.

The week began with a slight pullback as investors took profits from previous record highs, but momentum quickly resumed as gold surged above the $2,500 mark amid a weakening U.S. dollar and growing expectations of a Federal Reserve interest rate cut in September.

Gold prices experienced a volatile yet ultimately a positive week, extending their winning streak with gains of over 1%.