Gold's record start to 2026 fuels $5,000 speculation
Gold and silver's upward run has reignited, with bullion topping $4,600 an ounce for the first time and big brokerages predicting $5,000 as a range of factors intensify, boosting the metal's safe-haven cachet, reports Reuters.Spot gold traded as high as $4,629.94 per ounce on Monday, while silver climbed to a...
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Oil prices surge on possible disruption in Iranian supply
LONDON, Jan 13 (Reuters): Oil prices extended gains on Tuesday as heightened concerns surrounding major producer Iran and potential supply disruptions overshadowed the prospect of increased crude supply from Venezuela.Brent futures jumped $1.24, or 1.9%, to $65.11 a barrel by 1332 GMT, hovering around its highest since mid-November. U.S. West...
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India's rice exports to Iran stall on protests, tariff worries
MUMBAI/NEW DELHI, Jan 13 (Reuters): India's basmati rice exports to Iran have slowed to a near standstill amid the protests gripping the Gulf country, with suppliers wary of new deals due to the risk of non-payment and potential additional U.S. tariffs, trade officials said.U.S. President Donald Trump said on Monday...
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Malaysian palm oil slips on uncertainty over Indonesia's biodiesel mandate
KUALA LUMPUR, Jan 13 (Reuters): Malaysian palm oil futures reversed gains to close lower on Tuesday, pressured by the uncertainty over Indonesia's B50 biodiesel mandate, though stronger rival oils and positive cargo surveyor export data capped the decline.The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives...
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Copper down amid concerns over US interest rates
LONDON, Jan 13 (Reuters): Copper prices were slightly weaker on Tuesday as uncertainty about future US interest rate cuts and a slightly firmer dollar were countered by supply worries and continued interest from speculators.Benchmark three-month copper on the London Metal Exchange slipped 0.2% to $13,185.50 per metric ton by 1030...
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