Commodity markets
China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims
China’s imports of U.S. soybeans have shown little sign of rebounding as Beijing’s stockpiles swelled to their highest levels in years, undermining U.S. President Donald Trump’s claims that a recent trade truce would spur major new Chinese purchases. China, the world’s largest consumer of soybeans, has built up a glut of supplies after months of […]
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American farmers push to boost soybean sales in China as Trump’s trade war rumbles on
After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back. At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business. “We want to make sure […]
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China suspends some critical mineral export curbs to the U.S. as trade truce takes hold
Crystals of gallium are seen in a laboratory at Freiberg University of Mining and Technology in Saxony, Germany on 13 September 2023. Picture Alliance | Picture Alliance | Getty Images China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign […]
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World’s largest oil company Aramco reports higher third-quarter net profit on production boost
Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi Aramco on Tuesday posted a 0.9% jump in third-quarter profit, beating expectations on the back of higher production even as oil prices remained under pressure. The world’s largest oil company reported adjusted net income of 104.92 billion Saudi riyals ($27.98 billion) […]
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China’s rare earth magnet exports to U.S. falls for second month, reversing brief recovery
Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder at Neo Material Technologies Inc.’s Magnequench Tianjin Co. factory in Tianjin, China, on Friday, June 11, 2010. Bloomberg | Bloomberg | Getty Images China’s exports of rare earth magnets to the U.S. fell sharply in September, ending months of recovery […]
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Gold futures just hit a record high. Possible U.S. tariffs could shake metal markets up further
Gold futures hit a record high on Friday after U.S. authorities said tariffs should be imposed on some gold bars — and some strategists say there is more upside ahead for the metal. U.S. gold futures for December delivery touched on an all-time high of $3,534.10 on Friday morning, before climbing down to trade at […]
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How wealthy investors bet on gold, from buying fractions of a bar to stashing bullions in Swiss military bunkers-turned-vaults
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, […]
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Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and […]
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Gold outshines Treasurys, yen and Swiss franc as the ultimate safe haven
“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. Sven Hoppe | Picture Alliance | Getty Images SINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens […]
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Why gold became the safe haven of choice as U.S. Treasurys and dollar sold off
One kilogram gold bars at the ABC Refinery smelter, operated by Pallion, in Sydney, Australia, on Thursday, April 17, 2025. Brendon Thorne | Bloomberg | Getty Images Gold prices have been on a tear with the recent trade turmoil driving investors to the safe haven, while competing assets such as the U.S. Treasurys and the […]
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