Commodities

Amid inflationary pressures and a weakened U.S. dollar, experts predict Wall Street will gravitate towards material wealth in precious metals like gold and silver, sending both to record highs in 2023.

An apparent mix-up at a warehouse in Rotterdam led to JPMorgan Chase buying what it thought was $1.3 million worth of nickel but turned out to be bags of stones.

Solar installation fell in 2022, largely due to the limited availability of panels caused by a ban on some Chinese goods.

Miners are cutting back on dividends and plowing back earnings into expanding capacity as EVs and the shift to renewables spark demand for rare earth elements.

Glencore had one of its greatest years on record, cutting debt to $75 million from $6 billion, and returning $7.1 billion to shareholders, as demand soars.

Exchange-traded funds can be used as a hedge for retail and institutional investors during economic downturn and inflation.

A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.

The Newmont Corporation has made an indicative $16.9 billion takeover offer for Australia's top goldminer Newcrest Mining to combine the goldmining companies’ assets in China and Australia.

The World Gold Council revealed that demand for gold hit highs last year not seen since 2011, fueled by central bank tightening cycles, including the Federal Reserve's.

Exxon Mobile’s whopping earnings in 2022 irk White House, which called the report "particularly galling" as Americans spent more for gas prices.

Oil prices are lower after Russian President Vladamir Putin reportedly met with Saudi Crown Prince Mohammed bin Salman ahead of OPEC + meeting to discuss global oil market.

Refining margins are on the rise as more plants undergo outages due to accidents or delayed maintenance due to the pandemic.

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

The price of copper is up $9,013.50 on the London Metal Exchange as investors anticipate increased Chinese demand.

Stocks rallied on Friday as the Dow Jones Industrial Average jumped over 700 points during trading as sluggish technology stocks boosted the Nasdaq Composite and U.S. Tech 100.

With inflation, recession and a volatile stock market expected to remain big themes this year, precious metals are poised to shine in 2023, say experts. Gold and silver, hedges to inflation and uncertainty, could push gold to a record $2,100+ an ounce, while silver may approach $38 an ounce, a nearly 50% jump.

Tokyo Gas is in talks that could lead to buying U.S. natural gas producer Rockcliff Energy for $4.6 billion.

U.S. West Intermediate crude is heading toward posting a second straight annual gain, rising 4.5% in 2022.

Emily Riedel, dredge captain and star of Discovery Channel's "Bering Sea Gold," is the sole female captain of The Eroica, in Nome, Alaska. She originally studied music before hunting for gold.

Billionaire Mark Cuban offered his thoughts on gold and bitcoin in an upcoming podcast episode with Bill Maher, saying they both are both a "store of value."