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TSX set for lower open as commodity prices dip

Reuters on MSN.com - 6/6/2023 12:25:39 PM
Canada's main resource-heavy stock index was set for a lower open on Tuesday, tracking a decline in oil and metal prices, while investors are waiting to see if the Bank of Canada will hold or hike interest rate in June meeting.

The Commodity Price Bubble Has Finally Burst

Crude Oil Prices - 6/1/2023 11:00:00 PM
The epic commodity bull run that took off three years ago and saw commodity prices hit multi-decade highs has finally collapsed

Base metal prices slip in last 12 months, supply to remain tight in CY23

The Financial Express - 6/4/2023 10:10:00 PM
The prices of base metals lost their shine over the past year as supplies recovered after earlier disruptions and rising input costs and increased availability of raw materials also played their part.

If History Repeats, 1 Widely Owned Commodity Is Set to Skyrocket

The Motley Fool on MSN.com - 6/1/2023 9:21:00 AM
For the fourth time in 123 years, this ultrapopular commodity appears to be on the verge of a significant bull market.

Commodity Price Bubble Finally Burst, but Metals Demand Will Surge

Metal - 6/2/2023 9:45:00 AM
According to foreign media reports on June 1, the epic commodity bull market starting three years ago has witnessed commodity prices hitting decades-highs. Now the bubble has finally burst. Demand for cobalt,

Gold price today: Yellow metal rises above ₹60,000 per 10 gms; silver price rallies by 0.5%

Mint - 6/6/2023 12:22:00 PM
Premium Gold prices climbed in the national capital on Tuesday amid a rise in the precious metal's prices in overseas markets ... prices traded more than half a percent higher on the Multi Commodity Exchange (MCX) on Tuesday. On MCX, gold prices traded ...

Commodity export prices steady despite slowing China demand

The New Zealand Herald - 6/6/2023 3:29:00 AM
The ANZ World Commodity Price Index gained 0.3 per cent in May. Dairy prices lifted but prices for meat, export logs and aluminium fell. In local currency terms, the index gained 0.7 per cent (month on month), supported by a 0.4 per cent easing of the Kiwi ...

Gold Rate Today: Gold prices in India slip on dollar strength. Check price of yellow metal in Delhi, Ahmedabad and other cities

Indiatimes - 6/5/2023 8:56:00 AM
Gold prices fell by 0.29% on the Multi Commodity Exchange of India due to the strengthening of the dollar index, which went above the 104 mark. The increase in the value of the greenback was primarily caused by strong US payroll data that may have put the rate pause at the backburner.

BHP Is at Risk on Lackluster Base Metals and Coal Prices

Yahoo Finanzas - 6/1/2023 4:43:00 PM
BHP Group's (NYSE:BHP) stock has lost over 7% of its market value in the past month, accumulating to a near 10% year-to-date capitulation. Although the company is in good structural shape, weak commodity prices have created an unwanted overhang on the company's financial performance.

CANADA STOCKS-TSX set for lower open as commodity prices dip

Yahoo Finance - 6/6/2023 12:11:00 PM
June 6 (Reuters) - Canada's main resource-heavy stock index was set for a lower open on Tuesday, tracking a decline in oil and metal prices, while investors are waiting to see if the Bank of Canada will hold or hike interest rate in June meeting.

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