Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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WTI crude dives below $100 on China demand concern

March 15, 2022: WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethink their expectations for demand.

Gold rises on high inflation data

March 11, 2022: Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as investors reacted to higher consumer price index data. The most active gold contract for April delivery

Flat steel price jumps by Rs5,000/ton

March 10, 2022 (MLN): Flat steel manufacturers have raised the prices of CRC and HDGC by Rs5,000 per ton to clock in at Rs216,500 per ton and Rs227,800 per ton, respectively, as per reported by

Nickel soars to record above $100,000 per tonne

March 08, 2022: The price of nickel skyrocketed to a record high on Tuesday over concerns about Russian production as the Ukraine conflict has rocked commodity markets. The metal, which is used to make stainless

European leaders oppose banning Russian energy imports

March 07, 2022: The leaders of Germany, Britain and the Netherlands cautioned Monday against abruptly banning Russian energy imports as part of sanctions against Moscow over its invasion of Ukraine, saying there were no immediate

Aluminium, copper prices hit records

March 07, 2022: Aluminium and copper prices struck record highs Monday on supply fears linked to Russia's invasion of Ukraine. Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne. Copper's

Gas prices rocket to record peaks

March 07, 2022: Europe and UK natural gas prices hit record highs Monday on supply fears, as the European Union and the United States mull sanctions on Russian energy. Europe reference Dutch TTF gas price

Gold falls as stock market rebounds

March 03, 2022: Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as stock market rebounded. The most active gold contract for April delivery fell 21.5 U.S. dollars, or

Gold rates surge to Rs128,600 per tola

February 28, 2022: The price of 24 karat per tola gold witnessed an increase of Rs650 and was sold at Rs128,600 on Monday against its sale at Rs127,950 in the local market the previous day.

Gold appeal surges on Ukraine crisis

February 28, 2022: Gold prices rose more than 1% on Monday and were set for their best monthly gain in nine, after Western countries slapped fresh sanctions on Russia for invading Ukraine and President Vladimir

Brent crude hits $100 a barrel

February 24, 2022 (MLN): Brent oil surged to $100 a barrel for the first time since 2014 as Russia’s dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region’s critical energy

Gold drops by Rs100 to Rs127,000 per tola

February 21, 2022: The price of 24 karat per tola gold witnessed a decrease of Rs100 and was sold at Rs127,000 on Monday against its sale at Rs127,100 in the local market the previous day,

WTI crude dives below $100 on China demand concern

March 15, 2022: WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethink their expectations for demand.

Gold rises on high inflation data

March 11, 2022: Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as investors reacted to higher consumer price index data. The most active gold contract for April delivery

Flat steel price jumps by Rs5,000/ton

March 10, 2022 (MLN): Flat steel manufacturers have raised the prices of CRC and HDGC by Rs5,000 per ton to clock in at Rs216,500 per ton and Rs227,800 per ton, respectively, as per reported by

Nickel soars to record above $100,000 per tonne

March 08, 2022: The price of nickel skyrocketed to a record high on Tuesday over concerns about Russian production as the Ukraine conflict has rocked commodity markets. The metal, which is used to make stainless

European leaders oppose banning Russian energy imports

March 07, 2022: The leaders of Germany, Britain and the Netherlands cautioned Monday against abruptly banning Russian energy imports as part of sanctions against Moscow over its invasion of Ukraine, saying there were no immediate

Aluminium, copper prices hit records

March 07, 2022: Aluminium and copper prices struck record highs Monday on supply fears linked to Russia's invasion of Ukraine. Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne. Copper's

Gas prices rocket to record peaks

March 07, 2022: Europe and UK natural gas prices hit record highs Monday on supply fears, as the European Union and the United States mull sanctions on Russian energy. Europe reference Dutch TTF gas price

Gold falls as stock market rebounds

March 03, 2022: Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as stock market rebounded. The most active gold contract for April delivery fell 21.5 U.S. dollars, or

Gold rates surge to Rs128,600 per tola

February 28, 2022: The price of 24 karat per tola gold witnessed an increase of Rs650 and was sold at Rs128,600 on Monday against its sale at Rs127,950 in the local market the previous day.

Gold appeal surges on Ukraine crisis

February 28, 2022: Gold prices rose more than 1% on Monday and were set for their best monthly gain in nine, after Western countries slapped fresh sanctions on Russia for invading Ukraine and President Vladimir

Brent crude hits $100 a barrel

February 24, 2022 (MLN): Brent oil surged to $100 a barrel for the first time since 2014 as Russia’s dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region’s critical energy

Gold drops by Rs100 to Rs127,000 per tola

February 21, 2022: The price of 24 karat per tola gold witnessed a decrease of Rs100 and was sold at Rs127,000 on Monday against its sale at Rs127,100 in the local market the previous day,