Commodity futures
President Trump's plan to increase Argentine beef imports has sparked widespread anger in American cattle country, where ranchers are finally benefiting from record-high prices after years of struggle. The move has been met with frustration from American ranchers, who feel that Trump's decision will undercut their
Commodity futures
Gold and silver prices lost their festive sparkle this week, snapping a nine-week rally as investors booked profits amid a strong dollar, easing geopolitical tensions, and falling global prices. Both metals had surged since late August, with gold hitting a record Rs 1,32,294 per 10 grams and silver
Beef
President Donald Trump's intention to import more beef from Argentina to reduce domestic prices has left the American cattle industry, including in Wyoming, uncertain about the future. Industry representatives say it doesn't address root issues that have caused higher prices, while economists question whether it will
Commodity futures
US crude oil futures surged past $61 a barrel on Thursday following the imposition of sweeping sanctions on Russia's top oil producers, Rosneft and Lukoil, by the Trump administration. The sanctions, aimed at curtailing Russian President Vladimir Putin's ability to fund the war in Ukraine, prohibit
Climate change
Research from the Department of ECE in India highlights the critical role of power generation in a country's industrial revolution and growth. The study emphasizes that, with the global energy shift towards cleaner sources, hydrogen technologies are gaining recognition as a key participant in achieving net-zero emission targets.
Commodity futures
Amidst the festive season in India, the market for gold and silver has witnessed a decline in prices, leaving some investors with losses. Despite the drop, experts remain optimistic about the long-term prospects of these safe-haven assets, pointing to institutional investors and central banks driving demand. The correction is seen
Commodity futures
Global economic uncertainty has driven a surge in gold prices, reaching a milestone of $4,000 per ounce for the first time yesterday. This significant increase marks a 50% rise in gold futures trading since the beginning of the year. As investors seek safe-haven assets, gold has become a popular
Commodity futures
Gold prices have broken through the psychological threshold of $4,000 per ounce for the first time in history, reflecting a combination of factors including a weakening US dollar, heightened fiscal uncertainty, and a partial government shutdown. The surge in gold prices has been driven by sustained central bank purchases,
Commodity futures
Gold prices held steady as investors sought safe-haven assets amidst growing geopolitical tensions and economic uncertainty. Despite the Federal Reserve's lack of clarity on future interest rates, markets are pricing in additional rate cuts this year. Investors will be closely watching Thursday's US jobs data and
Commodity futures
Gold prices have rallied in global markets, with the gain so far this year reaching an astonishing 39%. In Sri Lanka, the volatility of gold prices is affecting those who have borrowed by pawning 22-carat gold, with prices surging to record highs. At Colombo jewellery retailers, prices for 24-carat gold
Balance of trade
Zimbabwe's economy is poised for a substantial boost as gold prices reach a new record high, with the country's gold exports playing a significant role in narrowing its trade deficit. The recent surge in gold prices, driven by speculation of impending US interest rate cuts and
Commodity futures
Fiscal concerns in the United States and geopolitical tensions worldwide have driven gold futures on Bursa Malaysia Derivatives to extend their gains on Wednesday. Analysts point to the metal's resilience in the face of firm dollar and rising US Treasury yields as a key factor in its rise.
