Daily FNArena News - Commodities

Investors worldwide cheered the recent fall in crude prices, but the beneficial effect will soon wear off suggests Standard Chartered.

While stronger physical demand may be needed to lift gold prices, some argue the price risk is still currently to the upside.

August proved a flat month for demand and pricing of yellow cake, despite ongoing problems at the Cigar Lake project in Canada.

Steel industry consultant MEPS notes strong steel prices should continue into September but will weaken into the end of the year and the early part of 2009.

Why has the US Mint suddenly run out of gold coins in a weak gold market?

The past week saw one deal concluded in the U3O8 spot market, but no price change.

The recent rally in the US dollar has pushed down gold prices, but a number of factors sees Standard Chartered expecting the price to rise.

As anticipated earlier this week, Ux Consulting has left its spot U3O8 price unchanged at US$64.50.

No deals occurred, so no price changes for uranium over the past week.

This week gold broke its significant 50-week moving average. The week isn’t over yet. Will it recover?