gold etf optimism 20 years later
The founder of the first gold-tracking ETF is still bullish on the commodity two decades later. “Things are looking good for the rest of this year and for next year,” …
Commodity markets
Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold …
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil prices may see a drastic fall in the event that …
Vitol eyeing metals market as oil demand to peak in 10 years, CEO signals
Russell Hardy, chief executive officer of Vitol Services Ltd. Bloomberg | Bloomberg | Getty Images SINGAPORE — Vitol is eyeing the metals market with global petroleum demand expected to peak …
Oil slides over 4% as Israel’s attack on Iran unlikely to disrupt supplies
View of Iran’s oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty Images Oil prices will remain under pressure for the rest of this year, it …
A ‘tidal wave’ of LNG supply will reshape global markets, says RBC Capital
Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images The biggest influx of liquified natural gas (LNG) supply is coming online and it will …
‘New bullish phase’? As gold hits another high, analysts say more records are in sight
Close up stack of gold bars, financial wealth concepts and business Vector Photo Gallery | Istock | Getty Images Gold is in a “new bullish phase” after prices notched another …
S&P Dan Yergin warns dangerous time for global economy on MidEast tensions
The global economy is entering a “dangerous time” like never before as Middle East tensions remain elevated, said S&P Global’s vice chairman Daniel Yergin. Since the Israel-Hamas conflict began on …
Hedge against political cycles is better investment than AI: Van Eck
A major exchange-traded fund and mutual fund manager finds the winning gold trade isn’t talked about as much as the artificial intelligence trade — but maybe it should be. VanEck …
Are global oil markets heading for a bust as China optimism fizzles?
The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images SINGAPORE — As the world’s oil traders and analysts gathered at the …