Nasdaq Commodities

(RTTNews) - Crude oil prices have given back some ground after skyrocketing early in the session but remain sharply higher during trading on Thursday.

(RTTNews) - Following the steep drop seen during the previous session, the price of gold has seen some further downside during trading on Thursday.

A study of analyst recommendations at the major brokerages shows that Skeena Resources Ltd (Symbol: SKE) is the #37 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Glo

Spanish mining developer Abenójar Tungsten is reportedly exploring an initial public offering in London to fund its US$241 million El Moto underground tungsten and gold project.According to Bloomberg, the company has engaged Bank of Montreal (TSX:BMO), Deutsche Bank (NYSE:DB), and Peel Hunt to navigate the potential listing, with an official announcement expected in the coming weeks.Founded by the García San Miguel mining family, Abenójar Tungsten officially inaugurated construction at the El Moto site last week following a 14-year preparation period. The underground operation is designed to produce 4,227 tons of tungsten concentrate annually over an initial 18-year mine life, with commercial production targeted for the first quarter of 2029.“Above all, this is a mine for the people who live here,” CEO Gonzalo García San Miguel said during the September 18 inauguration ceremony. “Europe needs tungsten and depends almost entirely on others to obtain it. Here, in Abenójar, we have part of the answer. And this is the project of a lifetime for my family: we have come to stay.”The European Commission designated El Moto a strategic project under the Critical Raw Materials Act in March 2025, one of only seven such projects in Spain. Tungsten, prized for having the highest melting point of any metal, is considered as irreplaceable in aerospace manufacturing, defense systems, industrial tooling, and renewable energy technologies. China currently controls roughly 79 percent of global tungsten mine production, refines all of its domestic concentrate, and heavily restricts exports.A definitive feasibility study released in August projected robust economics for El Moto. Assuming tungsten prices of US$1,415 per ton and gold at US$3,500 per ounce, the operation is modeled to generate approximately US$406 million in steady-state annual earnings with an after-tax internal rate of return of 62 percent. El Moto is designed exclusively as an underground mine utilizing paste backfill and dry-stacked tailings to minimize its environmental footprint, eliminating the need for a surface slurry pond. The operation aims for zero water discharge during production by reusing mine dewatering and treated site runoff.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold prices traded below $4,300 an ounce on Thursday after oil prices rose sharply overnight, and U.S. bond yields jumped to their highest levels in nearly two decades on inflation concerns stemming primarily from surging global energy prices amid the prolonged West A

For regular updates on the ag market, subscribe to the newsletter Agricultural Commodities Focus.Drought conditions have severely impacted wheat yields in Morocco and Algeria, according to the latest report from the European Commission's Monitoring Agricultural Resources (MARS) B

To receive the latest trends on ag commodities, subscribe to the newsletter Agricultural Commodities Focus.Russia is strengthening its control over its vital grain sector, potentially giving it greater sway over exports just as global supply concerns escalate, according to a repo

To receive updates on ag commodities in your inbox, subscribe to the newsletter Agricultural Commodities Focus.The International Grains Council (IGC) has revised its forecast for global grain production in the 2023/24 marketing year downward, citing smaller-than-expected sorghum

To receive updates on ag commodities in your inbox, subscribe to the newsletter Agricultural Commodities Focus.Global sugar production is expected to rise slightly in the 2023/24 marketing year, but stocks and exports are forecast to decline, according to the latest sugar report

FXEmpire.com - Natural gas fell to a five-day low of 2.51 today and it continues to trade near the lows of the day at the time of this writing. It looks to be heading next towards the first test of support around the 200-Day MA since a bullish breakout of the line last Thursday.

FXEmpire.com - Natural Gas Natural Gas 240524 Daily Chart Natural gas is under strong pressure as traders react to the increase in production.

FXEmpire.com - Gold Gold 240524 Daily Chart Gold gains ground as some traders are ready to bet on a rebound after the recent sell-off.

FXEmpire.com - Natural Gas Weekly Technical Analysis The natural gas market has shown itself to be a little exhausted at the moment, and it now looks like we are perhaps going to struggle with the $3 level above. That makes perfect sense.

FXEmpire.com - Natural Gas Technical Analysis The natural gas markets have fallen initially during trading session on Friday, but it does look like we are trying to defend the $2.50 region. This is an area that, of course, is interesting and it is a large round number. So I think

FXEmpire.com - Natural Gas Prices Drop Sharply as Production Increases U.S. natural gas futures experienced a significant decline for a second consecutive session on Friday, reflecting market adjustments after recent price spikes. This follows a peak in prices reached on Wednesda

FXEmpire.com - Market Overview Oil prices were stable on Friday as investors digested U.S. Federal Reserve comments on interest rates amid persistent inflation. Despite stable

In trading on Thursday, shares of Franco-Nevada Corp (Symbol: FNV) crossed below their 200 day moving average of $121.77, changing hands as low as $120.49 per share. Franco-Nevada Corp shares are currently trading off about 2.6% on the day. The chart below shows the one year p

FXEmpire.com - Natural gas advances to a high of 2.92 on Thursday before encountering resistance and turning over. At the time of this writing natural gas has reversed intraday to below the halfway point of the day’s trading range. This indicates a possible weak close following a

FXEmpire.com - Natural Gas Natural Gas 230524 Daily Chart Natural gas retreats as traders react to the EIA report, which showed that working gas in storage increased by 78 Bcf from the previous week, compared to analyst consensus of +84 Bcf. Most likely, the pullback is driven by

FXEmpire.com - Gold Gold 230524 Daily Chart Gold remains under strong pressure as traders continue to take profits near historic highs. Rising Treasury yields served as an additional bearish catalyst for gold markets.