Tag: commodity markets
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Canada Bets Big on Canola Seed and Beef Exports as China Lifts Tariffs
Canada Signals a Fresh Push into Chinese Canola Seed and Beef Markets Canada is accelerating efforts to diversify and expand its agricultural exports to China following Ottawa’s agreement with Beijing to reduce tariffs. Federal Agriculture Minister Heath MacDonald revealed on Tuesday that China is moving quickly to import Canadian canola and beef, highlighting a significant…
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Gold Price Forecast: XAU/USD Faces Resistance Near $4,445 Amid Rising Tensions
Overview: Gold climbs on geopolitical tensions Gold prices surged as investors graphed the latest geopolitical developments, with XAU/USD rebounding sharply on Monday. The precious metal traded around $4,435 at the time of writing, marking a near 2.4% daily gain. The move comes as geopolitical tensions escalate following the United States’ intervention in Venezuela over the…
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Silver Price Forecast: XAG/USD Rises Near $51 as Shutdown Ends Sparks Caution
Silver Price Forecast: Near-term Bounce Meets Uncertainty Silver prices are trading in positive territory, hovering around $51 per ounce as traders digest a pivotal moment for U.S. policy and macro outlook. The end of the government shutdown has injected a wave of relief into some risk assets, yet the broader outlook remains clouded by evolving…
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Uganda’s Coffee Exports Surge: A Boost for the Economy
Overview: A Remarkable Jump in Uganda’s Coffee Exports Uganda’s agricultural sector is buzzing with a rare lift for the economy as official data show a 59% year-on-year rise in coffee exports for September. The surge, reported by the agriculture ministry, reflects a combination of strong global demand and a bumper harvest at home. Coffee has…
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Why Silver ETFs Are Trading at a Steep Premium: A Closer Look at the Rally
Silver ETFs Rally: Premiums Grow Despite Softening Futures The ongoing surge in silver has captured the attention of retail investors and market watchers alike. On the National Stock Exchange (NSE), top-traded silver exchange-traded funds (ETFs) from providers such as SBI Mutual Fund, HDFC Mutual Fund, and Axis Mutual Fund have surged by roughly 9% to…