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The latest commodities coverage from the TrustFinance editorial desk.
Gold prices are poised to break a four-month losing streak with a gain in July, supported by a weaker U.S. dollar and signs of cooling inflation, even as the metal saw a slight dip in recent trading.
Crude oil benchmarks are on track for their largest monthly gain since March as escalating U.S.-Iran tensions threaten key shipping routes and a sharp drop in U.S. stockpiles tightens the global supply outlook.
Cuba is moving forward with a significant economic overhaul, easing restrictions on private enterprise in energy, agriculture, and tourism as it navigates severe U.S. economic pressure, according to government officials.
Five nonprofit organizations have filed a federal lawsuit against the U.S. Department of Agriculture, alleging that new grant conditions unconstitutionally restrict their speech on diversity and immigration rights.
Demand for sugar in the U.S. grew modestly in the first half of the 2025/26 marketing year, while high-fructose corn syrup use declined, suggesting a consumer preference for less processed sweeteners, according to a CoBank report.
Coal's contribution to China's electricity generation fell to 49.7% in the first half of 2026, a historic low, while renewables climbed to over 41%, according to a government energy official.
Gold futures surged on Thursday, ending a two-day decline with their largest single-day gain since July 22. The precious metal settled above the key $4,100 level, securing a positive performance for the month of July.
Front-month silver futures settled at $58.815 per troy ounce, marking the largest single-day percentage gain since July 22 and the second consecutive session of advances for the precious metal.
The U.S. Treasury Department has sanctioned six individuals and entities across China, India, Russia, and Iran for supporting Mahan Air, an Iranian airline accused of transporting weapons and personnel for the IRGC.
