Surging gold prices in India are keeping customs officials on their toes. Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September.
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Is There More Hurt Ahead for Natural Gas or Can It Heat Up?
Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”
Russia switches on gas mega-pipeline to China as Putin touts closer ties
Russia switched on an enormous gas pipeline to China worth billions of dollars Monday, affirming increasingly close economic and political ties between the two countries.
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Gold Down Below $1462 level, US-China Trade Optimism Seemed to Weigh on the Commodity’s Safe-Haven Status
US-China trade optimism seemed to weigh on the commodity’s safe-haven status. The recent optimism over a possible US-China trade deal remained supportive of the prevalent risk-on mood and continued denting demand for traditional safe-haven assets.