How to trade extreme weather

Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips Europe and meteorologists flag the risk of a powerful El Niño this year. The World Meteorological Organization expects a “strong El Niño event” in the tropical Pacific between July and September this year. El Niño is a…

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Gold and silver hit fresh highs as Greenland holds investor attention

Gold and silver surged to fresh highs just days after breaking previous records, as investors flock to safe-haven assets amid a choppy geopolitical and economic ‍outlook. U.S. gold futures for February delivery rose 1.71% to $4,674.20 per ounce on Monday, after earlier hitting a record high last week. Spot gold was 1.6% higher at $4,668.14. It comes after U.S. President Donald Trump announced…

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