Search
+
    SEARCHED FOR:

    COMMODITY PRICES

    Gold gains 3% as dollar slides after Democratic midterm gains

    On Wednesday, gold prices surged by 3%, reaching impressive new levels following the midterm elections, during which Democrats secured control of both the Senate and House. This political transformation, combined with a weaker dollar, heightened gold and precious metals demand. Investors are keenly watching for the upcoming US non-farm payrolls report, as rising interest rates and ongoing fiscal risk concerns continue to influence market sentiment.

    Coca-Cola HBC raises 2026 revenue growth forecast on strong demand

    Coca-Cola HBC has upgraded its annual organic revenue growth outlook, driven by successful pricing strategies and heightened consumer demand. In the third quarter, the company achieved a notable 9% organic revenue growth, surpassing the anticipated 8%. This surge was propelled by effective promotional initiatives tied to the FIFA World Cup and increased summer demand.

    Silver prices jump over 4% to reclaim $51/oz as Democrats secure US midterm victory. What’s happening?

    Silver prices surged over 4% to reclaim the $51/oz mark after Democrats secured a victory in the US midterm elections, weakening the dollar and Treasury yields. However, HSBC expects further gains to be limited as silver trades close to levels justified by fundamentals. Industrial and jewellery demand may weaken, while institutional buying and supply constraints could offer support.

    Gold and silver prices correct ahead of Diwali: Buying opportunity or a trap?

    Gold and silver have corrected sharply from record highs, but their long-term fundamentals remain supportive. Investors with a longer horizon may consider staggered accumulation, with gold and silver potentially recovering toward $4,750 and $75, respectively, by Diwali 2027.

    MCX shares tumble 7% even as Q2 net profit surges 130% YoY, revenue more than doubles

    MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue. Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.

    ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel

    In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.

    The Economic Times
    BACK TO TOP