Commodities – Page 3

China Is Buying Gold, Sending Prices to Record Highs

The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.

By Daisuke Wakabayashi and Claire Fu

Commodities Costco Wholesale Corporation Gold United States Economy

Gold Bar Sales Are Surging at Costco. Why?

Costco may be selling up to $200 million worth of the bars each month, according to a Wells Fargo analysis. The bars sell out quickly, and customers are trading advice online about how to get them.

By Rebecca Carballo

Commodities Economic Conditions and Trends Inflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

Why Oil Prices Have Been Rising Recently

The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.

By Stanley Reed

Commodities Inflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Refineries Strategic Petroleum Reserve (US)

Gas Prices Have Crept Higher This Summer, a Challenge for the Fed

Now at their highest level in 11 months, they can complicate the Federal Reserve’s campaign to rein in inflation.

By Santul Nerkar