UBS upgrades Cameco to Buy as long-term uranium contract prices hit record highs
UBS raised Cameco to Buy from Neutral with a price target of C$166.00, treating the miner’s recent slide as sentiment…
Commodities News
Latest commodities market news — gold, silver, oil, natural gas and metals. Price movements, supply factors and macro drivers explained by our analysts.
Gold reclaims $4,100 as Brent slides 4.7% on U.S.-Iran pause
Gold returned above $4,100 on Monday after Brent fell 4.7%, easing the inflation and rate pressure that had weighed on…
European Natural Gas Prices Fall 8.6% as U.S. Pauses Iran Strikes
European natural gas prices fell 8.6% at the Amsterdam open on Monday after the United States paused its strikes on…
Gold coils between $4024 and $4171 as triangle pattern nears breakout
Gold is compressing inside a symmetrical triangle on the five-hour chart, pinned between $4024 support and $4171 resistance with the…
China’s July Crude Imports Set to Rebound to 7.8 Million Barrels a Day
China’s crude oil imports are likely to average 7.8 million barrels a day in July, up from the 6.2 million…
