The list below is a collection of articles that refer to, mention or discuss Commodity.
Global demand for gold from investors, consumers and industry stagnated in 2015, according to new research. Demand was virtually unchanged compared to 2014 – at 4,212 tonnes in 2015 compared to 4,226 tonnes the year before. Trade body the World Gold Council commented that the year might have been worse had central banks not invested … Read more
The slump in oil prices is leaving many investors wondering whether the price will ever recover. Last year, the price per barrel plunged from more than $100 a barrel to below $50 and has not really staged what anyone could call a real recovery. The current price is around $60 a barrel and analysts and … Read more
After a decade of growth, the outlook for sub-Sahara Africa looks bleak as economies start to rapidly slow, says the International Monetary Fund. Growth forecasts have been slashed to 3.75%, the lowest level for six years, in the latest African Economic Outlook. However, the IMF feels growth could spurt again next year by up to … Read more
Public sector retirement savers have seen some of their money go up in smoke as share prices in leading mining companies have crashed. Campaigners claim millions of pounds has been wiped off the value of local government pensions as the value of the companies has collapsed. And they expect even more money will be lost … Read more
Oil producing giants Kuwait and Abu Dhabi plan to increase output after discovering huge new fields despite the volatile price of crude. Abu Dhabi is planning a $25 billion project to build offshore rigs and pipelines to access new fields in the Gulf over the next five years. Both Gulf States are racing to increase … Read more
Plunging oil prices have led Saudi Arabia to start withdrawing billions of pounds from international banks and financial markets to plug a record budget deficit. Saudi Arabia vies with the USA and Russia as the world’s biggest oil producer – each produces around nine to 10 billion barrels of crude a day. But as the … Read more
The financial consequences of investing in virtual currencies have become clearer following a £3.3 million hack of one of the UK’s leading Bitcoin platforms. Bitstamp lost 19,000 Bitcoins when computer systems were compromised by hackers earlier this month. The exchange investigated the incident and determined someone had hacked their systems and stolen the virtual currency. … Read more
Currency experts believe the sudden closure of a leading British Bitcoin exchange is the beginning of the end for the virtual currency. Beset by scandal and fraud, Bitcoin has struggled to lead the way as the world’s first major online currency. The strengths appear to be the very weaknesses pulling the currency under. Supporters claimed … Read more
UK commercial property is one of the best performing investments – recording a massive 20% growth in the past 12 months. Commercial property showed the best return on nine different assets over the year ending October 2014, according to Lloyds Bank Private Banking money managers. On average, the other eight asset classes showed a 4% … Read more
Details of high-level talks between oil producing countries have leaked out. Two of the world’s major oil producers – Saudi Arabia and Russia – have both signalled they have no plans to turn off the taps despite plunging oil prices that are impacting on their economies. Many oil producers have had to rip up economic … Read more