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Commerzbank lowers its end-2026 gold forecast to $4,800/oz from $5,000/oz.
2026-06-02
Commerzbank lowers its end-2026 gold forecast to $4,800/oz from $5,000/oz.
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2026-06-02
[June 2, 2026 Interbank Foreign Exchange Market Central Parity Rate of the RMB] USD/CNY was 6.8187, up 20 points (RMB depreciation); EUR/CNY was 7.9068, down 54 points; HKD/CNY was 0.86998, up 1.2 points; GBP/CNY was 9.1472, up 133 points; AUD/CNY wa
[June 2, 2026 Interbank Foreign Exchange Market Central Parity Rate of the RMB] USD/CNY was 6.8187, up 20 points (RMB depreciation); EUR/CNY was 7.9068, down 54 points; HKD/CNY was 0.86998, up 1.2 points; GBP/CNY was 9.1472, up 133 points; AUD/CNY was 4.8681, down 78 points; CAD/CNY was 4.9081, down 107 points; JPY/CNY was 4.2621, down 35 points; CNY/RUB was 10.6364, up 1476 points; NZD/CNY was 4.0327, down 262 points; CNY/MYR was 0.58268, down 4.1 points; CHF/CNY was 8.6485, down 437 points. The Singapore dollar/Chinese yuan exchange rate was 5.3167, down 30 points.
2026-06-02
Vitol Energy Group Bahrain head: The world cannot consume its inventory indefinitely, so if demand recovers, oil prices will rise further, and the only solution will be demand destruction.
Vitol Energy Group Bahrain head: The world cannot consume its inventory indefinitely, so if demand recovers, oil prices will rise further, and the only solution will be demand destruction.
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