Preliminary estimates for April indicate that the index decreased by 1.2 per cent (on a monthly average basis) in SDR terms, after decreasing by 3.6 per cent in March. The rural sub-index increased in ...

Read More »

Annual gold price forecast tops $3,000 for first time: Reuters poll

Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000 for the first time, with global trade friction and a swing away from the U.S. dollar powering demand.

Read More »

Indian miner Vedanta's quarterly profit doubles on lower tax rate, higher commodity prices

Indian metals-to-oil conglomerate Vedanta on Wednesday reported fourth-quarter profit which more than doubled, boosted by a lower tax rate and higher selling prices for aluminium and zinc.

Read More »

Oil prices on course for biggest monthly fall since 2021

Gold prices pulled back further from all-time highs of $3,500 on Wednesday dropping around 1.2% by late-morning as geopolitical tensions eased slightly. Spot gold dipped 0.2%, while US futures slid 0.

Read More »

World Bank: Global commodity prices to drop to six-year low by 2026

Global commodity prices are on track to fall to their lowest levels of the 2020s, according to the World Bank’s ...

Read More »