South African Gold Production YoY (Dec) Y/Y 1.1% (Prev. -6.0%, Rev. From -6%)
The year-over-year gold production in South Africa has shown a notable recovery, rising to 1.1% in December from a prior contraction of 6%.
Chinese buyers are reportedly buying around 1mln tonnes per month of Australian barley due to a local feed supply shortage, traders report
ECB's Makhlouf says that the ECB is in a good place, adding that inflation is currently on target
South African Gold Production YoY (Dec) Y/Y 1.1% (Prev. -6.0%, Rev. From -6%)
EU Court Advisor says they should stop the release of c. EUR 10bln in funds for Hungary
IEA cuts 2026 global oil demand growth forecast to 850k BPD (prev. 930k BPD); cuts 2026 global oil supply growth forecast to 2.4mln BPD (prev. 2.5mln BPD)
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This positive shift indicates a potential turning point in production trends, which could support gold prices by alleviating supply concerns, particularly as global demand fluctuates. It may also impact the broader commodities market sentiment, reflecting potential inflationary pressures.
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