Zinc prices have rebounded above $3,800 per tonne, recovering from a more than six-week low as persistent supply constraints continue to support the market. The latest move comes as Western smelters face pressure from high energy costs and limited access to raw materials, creating uncertainty over refined zinc production. Western refined zinc output fell 3.4% […]
Copper prices are approaching $6.70 per pound, extending their weekly advance as Chinese traders return from a week-long holiday with a more optimistic outlook for industrial demand. Improving sentiment in China is providing fresh support to the copper market, while strong earnings from South Korean technology giant Samsung Electronics are reinforcing expectations for continued investment […]
Silver price (XAG/USD) gains ground after two days of losses, trading around $60.40 per troy ounce during the Asian hours on Thursday. However, non-yielding Silver may face mounting headwinds as US Treasury bond yields hover near their highest levels since 2002, dampening investor demand for precious metals. Meanwhile, elevated energy prices are stoking broader inflation […]
Silver price (XAG/USD) declined after opening at a bullish gap, remaining in positive territory and trading around $60.90 per troy ounce during Asian hours on Wednesday. Non-yielding Silver experienced downside pressure as a rebound in crude oil prices, driven by persistent Middle East supply risks, kept inflationary concerns and rate-hike expectations firmly in focus. Oil […]
Platinum is trading around $1,700 an ounce, close to two-month lows, as elevated Treasury yields and stronger oil prices weigh on the broader precious metals complex. Higher energy prices are keeping inflation concerns elevated, while persistent fiscal risks and increased debt issuance linked to artificial intelligence infrastructure are contributing to upward pressure on longer-term yields. […]
Gold prices are easing toward $4,150 an ounce as renewed strength in oil prices raises concerns about inflation and the potential for interest rates to remain elevated for longer. The latest move comes as escalating risks to Middle East energy supplies support crude oil, while US Treasury yields remain elevated amid persistent inflation concerns, fiscal […]
Key takeaways Commodities Overview In the commodities market, we are observing a clear polarization in the energy sector, where European natural gas continues its strong wave of appreciation (+2.24% today, +162.78% YTD), while crude oil prices have come under strong supply pressure. Today’s declines in Brent crude (-3.07%) and WTI (-2.46%) deepen the correction, driven […]
Silver price (XAG/USD) pares its recent gains from the previous day, trading around $60.70 per troy ounce during Asian hours on Tuesday. Silver remains locked near two-month lows as a resilient US Dollar (USD) and surging Treasury yields continue to overshadow supportive economic drivers. While softer US employment figures and diminished expectations for an October […]
Gold (XAU/USD) attracts fresh sellers following the previous day’s consolidative price move and drops to a two-month low during the Asian session on Tuesday, with bears now awaiting a break below the $4,100 mark before positioning for further losses. Despite receding October Federal Reserve (Fed) rate hike bets, the US Dollar (USD) retains its bullish […]
Copper prices are finding renewed support above $6.50 per pound as expectations for further Federal Reserve tightening ease following softer US employment data. Lower expectations for interest-rate increases are helping reduce pressure on non-yielding commodities, while longer-term demand prospects linked to data centres, electrification and renewable-energy infrastructure remain supportive. However, copper’s near-term outlook remains mixed. […]