Wednesday, May 12, 2021
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Copper just smashed past a record. Here’s what you need to know

Copper soared this week to an all-time high, continuing a sizzling rally that’s seen prices double in the past year. The previous copper record was set in 2011, around the peak of the commodities supercycle sparked by China’s rise to economic heavyweight status — fueled by massive amounts of raw

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Oil flat as weaker dollar offsets surge in US gasoline stocks

NEW YORK: Oil prices were little changed as a falling and rising stock market offset earlier declines caused by a big increase in US gasoline stockpiles and subdued demand compared with pre-pandemic levels. Brent futures rose 20 cents, or 0.3%, to $63.36 a barrel by 11:43 a.m. EDT (1543

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Gold edges up as yields ease, focus turns to Fed meeting

Gold prices ticked up on Monday as US Treasury yields backed off recent highs, countering pressure from a resilient dollar, as investors awaited further policy cues from the Federal Reserve's policy meeting this week. Spot gold rose 0.1% to $1,727.80 per ounce by 10:32 a.m. EDT (1432 GMT). US gold

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