Oranges are collected in a trolley at an orchard in Arcadia, Florida, on March 14, 2023. In Florida, the world’s second largest producer of orange juice after Brazil, orchards have been suffering from a citrus tree disease, Huanglongbing (HLB), for the last 17 years. Chandan Khanna | Afp | Getty Images Orange juice prices have … Read more
An employee scans barcodes on copper rods as they sit stacked outside at the Aurubis AG headquarters in Hamburg, Germany. Krisztian Bosci | Bloomberg | Getty Images Copper futures hit a record high on Wednesday as demand for the base metal stays strong amid a rush to build data centers and the continued electrification of … Read more
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this year, Horizon Kinetics’ James Davolos thinks his firm’s Inflation Beneficiaries ETF (INFL) is in a sweet spot. “We’re actually going into the mature phase of inflation,” the firm’s portfolio manager Davolos told CNBC’s “ETF Edge” … Read more
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea, on Friday, Oct. 13, 2023. Bloomberg | Bloomberg | Getty Images Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars. The country’s largest convenience store chain, CU, has been collaborating with … Read more
Gold bracelets at a gold jewelry store in the Zhejiang Province of China. Vcg | Visual China Group | Getty Images Gold’s recent rally has sparked a bullion rush, but along with it came a surge in gold scams in China. Thousands of people in China have been duped into forking out money on “fake gold” … Read more
Unstamped brown eggs. Picture Alliance | Picture Alliance | Getty Images Bird flu fears are driving up egg prices again. After having subsided for most of 2023, a recent resurgence of avian influenza in poultry facilities across the U.S., Japan and other nations have caused prices of eggs to jump again. The virus, commonly referred … Read more
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 prices continued to hover near record highs days after Middle East tensions flared, boosting the safe-haven appeal of bullion. Gold prices notched another record close … Read more
A refinery from the north of the Persian Gulf in Iran. Saeid Arabzadeh | Afp | Getty Images Oil prices could soar to $100 per barrel and beyond, said market watchers, after Iran mounted an aerial attack against Israel reigniting fears of a regional war. Iran is home to vast oil resources and is the … Read more
A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018. Tomohiro Ohsumi | Bloomberg | Getty Images Natural gas prices have plunged as the world grapples with an oversupply after a warmer-than-expected winter. The recent heyday in liquefied natural gas boosted prices and profits, spurring a … Read more
Gold bars and coins. Brightstars | E+ | Getty Images Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 1.32% to trade at $2,265.53 per ounce. U.S. gold futures rose more than … Read more
