The Sydney Morning Herald logo

Commodities

Advertisement
Markets are down amid concerns over the Iran war - but it could be a lot more drastic.

Markets are down on Iran war, but the slump could be a lot worse

Investors’ relatively calm response to the attack on Iran will be short-lived if the hostilities drag on.

  • Stephen Bartholomeusz

Latest

A man has died onboard an Emirates flight overnight.

How the Iran war will impact inflation, your overseas holiday – even your morning toast

Just like his tariffs, Donald Trump’s mixed messages on the conflict with Iran will mean upheaval for Australia’s economy.

  • Shane Wright
Wall Street remains very nervy.

ASX ends the week sharply lower as miners slump

The Australian sharemarket fell on Friday as mining giants and energy stocks dragged on the local bourse.

  • Staff reporters
Gold rush: Queues outside ABC Bullion, Martin Place, Sydney.

‘They want a piece of that pie’: Gold FOMO untarnished by price meltdown

Despite a dramatic plunge in the gold price and comparisons to the dotcom boom, people are lining up for hours to buy gold nuggets.

  • Jessica Yun and Clancy Yeates
Empress Eugenie’s crown, which was stolen from the Louvre’s Apollo Gallery.

Louvre heist is a result of the world’s rush to gold

The museum raid shows criminals’ boundless hunger for precious metals as the value of these commodities soars. Thieves are becoming ever more audacious as the gold price has doubled in a year.

  • Lionel Laurent
As the rush to gold continues, silver is having its moment to shine too.

It’s not just gold that glitters: Silver hits highest price since 1980

Silver prices touched $US50 an ounce for the first time in decades after a surge that beat even gold’s record-breaking rally.

  • Jack Ryan and Veena Ali-Khan
Advertisement
There is more than $US1.1 trillion ($1.7 trillion) in gold bars stored in vaults to underpin trading in New York and London alone.

Billions made and lost in a blink as gold rides Trump rollercoaster

A shock US ruling suggesting that the precious metal would be subject to tariffs plunged that system into chaos. The ruling, while short-lived, has put traders on edge.

  • Mark Burton, Jack Ryan and Yvonne Yue Li
US President Donald Trump.

The two Australian giants winning from Trump’s fast track

President Donald Trump’s administration is speeding up approvals for critical mineral projects in its trade war with China.

  • Simon Johanson and Paul-Alain Hunt
Wall Street is lower across the board to start the week.

ASX dives, following Wall Street’s slump as Trump doubles down on tariffs

The Australian sharemarket is trading sharply lower after President Donald Trump’s decision to push through tariffs on top trading partners sent US stocks to their biggest loss of the year.

  • Staff reporters
Wall Street is set for more losses.

ASX falls, dragged down by miners; Woolworths plunges

The Australian sharemarket closed lower today dragged by miners, as a slew of disappointing company results weighed on investor sentiment.

  • Cindy Yin