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Yes, gold is considered a commodity in the foreign exchange (forex) market. In this context, a commodity refers to any basic good that is interchangeable with other goods of the same type.
Gold is mined from the earth, in much the same way as other metallic “commodities” including copper, lead, and tin. Thus, it is hard to say that gold is not a “commodity.” ...
Both gold and oil can offer solid returns, in different times and ways. ... Commodities such as gold and oil can diversify your portfolio while providing stability and inflation protection.
After an impressive relief rally from U.S. equities, opportunistic investors are shifting their attention back to commodity ETFs, particularly those focused on oil and gold. With crude oil prices ...
The price of gold reached an all-time high on Monday, rallying to $2,630 an ounce. The precious metal is up more than 27% year-to-date, according to UBS Global Wealth Management, with last week's ...
Gold is no longer money in the true meaning of the word*, but it still trades more like a currency than a consumable commodity and therefore should be analysed as a currency.
Here’s what to expect from gold, oil and other commodities in the second half of 2024 ‘Supply fragilities and robust demand’ set to contribute to a rise in commodity prices: analyst ...
Gold’s strong outperformance of crude oil and most risk assets in 2025 may signal limits to U.S. stock-market wealth creation—or will the S&P 500 once again lift all boats?
Gold will decline in weight for the third consecutive year since it peaked in 2022 hitting the 15% target limit set by the BCOM methodology for any single commodity. Gold prices have had a banner ...