Commodities

Analysts say their earnings are likely to reflect bigger operating margins, with further upside expected in H2

Singapore’s second-quarter bullion demand climbs 6% year on year amid geopolitical uncertainty, softer prices

Analysts say its higher prices are unlikely to derail data centre growth, but tighter supplies could stymie new capacity

[SINGAPORE] A dry spell is sweeping across Asia’s rice fields, dealing another blow to farmers grappling with steep fuel and fertiliser prices triggered by the war in Iran.

The focus now is on how the country’s moves to reclaim value from its reserves of the metal will pan out

Spot gold fall 0.2% to US$4,113.02 per ounce by 0735 GMT as it heads for a 1.5% weekly decline

Spot gold falls 0.2% to US$4,068.77 per ounce by 0522 GMT, after dropping to its lowest since Jul 1 on Wednesday

It is set to trade near US$4,100 an ounce in H2, unless new factors such as a weaker US dollar push it towards US$5,000

Bullion rises towards US$4,200 an ounce, up 2.2% for the week