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Commodities news — August 4, 2026

Publications tagged with Commodities published on August 4, 2026 (UTC). This is a fixed calendar-day archive.

3 publications

Business Trade Logistics Commodities
Aug 4, 2026, 14:16 UTC
Ringgit's Movement Against US Dollar Next Week
Analysts predict the ringgit to trade within RM4.07 to RM4.09 against the US dollar next week, influenced by US economic data releases and their implications for Federal Reserve interest rate prospects. The ringgit strengthened against the USD to 4.0835/0875 from 4.0885/0935 last week, but depreciated against most major and regional currencies.
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Science Commodities
Aug 4, 2026, 12:35 UTC
Brent Oil Falls Below $80 for First Time Since Mid-July
The price of Brent oil fell below $80 per barrel for the first time since mid-July, driven by hopes for a resolution to the Middle East conflict and an agreement between the US and Iran regarding the Strait of Hormuz. The price drop was significant, with Brent falling as low as $78.5 per barrel on Wednesday.
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World Middle East Commodities
Aug 4, 2026, 04:08 UTC
Gold Bar Sales Surge in Russia
Sales of gold bars in Russia have increased significantly in the first half of 2026, with a 31% rise compared to the same period last year. This growth is attributed to Russians preferring gold bars over coins, with sales of the latter also increasing by 8%. Meanwhile, silver coin purchases rose by 45%, but silver bar sales decreased by 4%. The trend is partly due to the abolition of VAT on gold and the expected profits from investments in precious metals.
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