Doug Alexander

Commodities are soaring, fueled by escalating conflict in the Middle East, war in Ukraine, wild weather and supply chain bottlenecks. Gold’s rally has made buying Brent with bullion cheaper. And risks to Brazil’s corn crop are driving up prices of the grain.

Americans go to the polls on Tuesday in a presidential election that could influence gold prices and the future path for US renewable investments. And this week gets bookended by US agricultural reports that signal how the world’s wheat supplies are faring.

US tariffs are on the forefront as Donald Trump returns to the White House as well as the fallout from sactions against Russian oil. Meanwhile, a potential merger would create a mining powerhouse.

Peabody Energy Corp. is considering walking away from a $3.78 billion deal to acquire Anglo American Plc’s steelmaking coal assets after a fire at an Anglo mine in Australia.

The London Bullion Market Association said it’s seeking clarification on the recent US Customs and Border Protection ruling on reciprocal tariffs for gold bars.

The US blocked United States Steel Corp.’s plan to stop production at a plant in Illinois, according to a Trump administration official, a move highlighting the federal government’s continued influence over an iconic American firm after approving its takeover by Japan-based Nippon Steel Corp.

Copper fell as much as 3.4% on the London Metal Exchange after US President Donald Trump threatened a “massive increase” of tariffs on goods from China.

Copper fell as much as 3.4% on the London Metal Exchange after US President Donald Trump threatened a “massive increase” of tariffs on goods from China.

The Canadian government has cleared Anglo American Plc’s proposed takeover of Teck Resources Ltd. on national security grounds, the Globe and Mail reported, removing one hurdle for the two companies to combine.

Expand Energy Corp. agreed to buy gas marketer Twin Eagle Holdings NA LLC from private equity firm Five Point Infrastructure for $1.25 billion, moving the largest US natural gas producer further into marketing and trading.