Commodities
Thungela Q1 2026 profit soars 467% as coal prices rebound
South African coal producer posts record quarterly earnings, citing a sharp recovery in thermal coal prices and improved operational efficiency.
China sets oil, gas output targets in five-year plan
Beijing aims to boost domestic energy production amid rising import dependence and supply security concerns.
Wall Street strategist bullish on gold amid market uncertainty
Gold gains favor as hedge against volatility, with one strategist recommending a long position amid shifting macro conditions.
Thungela Resources shares surge on strong coal price rally
South Africa-focused coal producer Thungela Resources gains as benchmark Newcastle coal prices jump 15% in a single session amid tight supply and robust Asian demand.
Canadian farmers brace for disease threat ahead of harvest
Potato blight and other crop diseases risk reducing yields as growers prepare for the autumn harvest season.
Gold retreats as yields rise and oil prices climb
Bullion faces pressure from higher Treasury yields and rising crude costs, weighing on safe-haven demand.
Mila Resources restarts drilling at Queensland gold project
Junior miner resumes exploration activities at its flagship gold project in Australia’s Queensland state, targeting resource expansion.
Oil prices rise toward $90 as Middle East tensions escalate
Brent crude approaches three-month highs amid growing geopolitical risks and supply concerns in the Middle East.
Gold price seen nearing $4,581 on Square of 9 breakout signal
Technical analysis using the Square of 9 charting method suggests gold may climb to $4,581, with a breakout above $2,650 triggering the next leg higher.
Gold faces risk of deeper pullback despite bullish trend
Technical analysis suggests gold's recent gains may be vulnerable to a sharper correction, even as the broader uptrend remains intact.
Gold faces three pullback scenarios before $4,496 test
Analysts outline potential retracement paths for gold amid record highs, with key support levels in focus.
Largo Resources posts 68% revenue surge on vanadium demand
Miner reports sharp increase in revenue driven by higher vanadium prices and increased sales volumes. Vanadium prices remain elevated amid steel sector demand.
Brent crude tests key volume-weighted price levels
Technical resistance and support levels defined by volume-weighted average prices (VWAP) shape near-term trading in Brent crude futures.
Gold Tests Key Resistance Amid Geopolitical and Energy Risks
Gold prices tested key technical resistance levels as ongoing conflict involving Iran sustained elevated risks across global energy markets.
Gold Consolidates Near $4,456 as Technical Indicators Show MACD Divergence
Gold prices are consolidating around $4,456 per ounce, accompanied by a divergence in the Moving Average Convergence Divergence indicator.
Trump Urges Acceptance of Higher Gas Prices Amid Iran Rhetoric
Donald Trump has called on Americans to accept potential increases in gasoline prices as tensions with Iran escalate.
Gold Faces Resistance Near $4,500 Amid Persistent Structural Bull Case
Gold prices continue to encounter resistance near the $4,500 threshold, even as underlying structural factors supporting the bull market strengthen.
US Oil Rigs Rise to 455 Amid Strait of Hormuz Disruptions
Active US oil rigs increased to 455 following attacks in the Strait of Hormuz that brought maritime traffic to a halt.
Copper Stalls Near $6.86 Resistance Amid Double-Top Risks
Copper prices face potential downward pressure as technical resistance holds firm near $6.86, raising concerns of a double-top formation.
Brent Oil Trades Near $88.42 Amid Choppy Market Conditions
Brent crude futures hovered around $88.42 per barrel on Tuesday as prices remained contained within a narrow, choppy trading range.
Natural Gas Bear Flag Breaks Below $2.645 Support
Natural gas prices broke below the $2.645 bear flag level, signaling potential further downside movement.
Silver Stalls Below $67 Resistance Amid Fading Momentum
Silver prices encounter technical resistance near the $67 threshold as upward market momentum begins to wane.
London Gas Oil Trades Near $1,241 Ahead of Potential Breakout
London gas oil prices are consolidating near the $1,241 level as traders watch for technical breakout signals.
Gold Tests Major Resistance Level as Sell-Off Risks Build
Gold prices are testing a significant technical resistance level, prompting market focus on the weekly close amid rising sell-off risks.