Gold prices remain under pressure, approaching $4,100 per ounce as the precious metal records a third consecutive session of losses. Elevated oil prices are intensifying inflation concerns, reinforcing expectations that interest rates could remain restrictive for longer and supporting the US dollar and government bond yields. The combination is creating a challenging environment for non-yielding […]
Zinc futures are holding above $3,700 per tonne, maintaining a recovery from the October 16 low of $3,664.90 as persistent supply constraints support prices. Reduced production in Western markets, declining Chinese output and lower inventories monitored by the Shanghai Futures Exchange are reinforcing concerns about the availability of refined zinc. Supply uncertainty is also being […]
Iron ore futures have climbed above CNY 680 per tonne, recovering from four-year lows as stronger Chinese steel production and better-than-expected economic growth provide fresh support for demand expectations. China’s daily crude steel output increased by 1.9% month over month to 2.45 million tonnes in September, marking the first monthly increase since June and offering […]
Steel rebar futures are trading at 3,083.00 after declining 0.19% in the latest session, extending a monthly loss of 1.03%. Despite the recent weakness, prices remain 1.82% higher than a year ago, suggesting that the market has retained modest annual gains while struggling to establish stronger near-term momentum. The fourth-quarter forecast stands at 3,109.08, above […]
Copper prices are trading at 6.5665, up 0.54% on the day, as the metal maintains a strong annual performance despite a modest monthly pullback. Copper has gained 30.96% over the past year, highlighting the strength of the broader price trend, while the latest monthly decline of 1.80% suggests some consolidation following the substantial advance. The […]
Gold has climbed above $4,170 an ounce, extending its recent gains as changing Federal Reserve expectations, falling bond yields and renewed safe-haven demand support the precious metal. Investors are reassessing the outlook for US interest rates ahead of the Federal Open Market Committee’s October 27–28 meeting, while concerns about AI-related investment valuations and escalating geopolitical […]
The Baltic Dry Index has fallen to its lowest level since June 30, extending its decline to ten consecutive sessions as weak iron ore demand, subdued Chinese steel market sentiment and ample vessel availability weigh on dry bulk shipping rates. The benchmark closed at 2,515 points on Friday, down approximately 1.3% on the day and […]
Metals markets head into Monday with mixed momentum, as silicon and platinum lead the reported gains while lithium carbonate, silver and gold remain under pressure. The latest moves point to divergent conditions across industrial metals and precious metals, with demand expectations, industrial activity, investor positioning and interest-rate expectations likely to shape the next session. Monday’s […]
Silver price (XAG/USD holds onto Thursday’s recovery near $57.60 during the European trading session on Friday. The white metal rebounds as the US Dollar (USD) is under pressure due to Artificial Intelligence (AI)-driven risk-off. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.1% lower to […]
Today Markets Analysis Copper futures climbed towards $6.60 per pound on Friday, ending a three-session losing streak as a weaker US dollar and disruptions at major Chilean mines supported prices. The market is balancing near-term uncertainty over artificial intelligence investment against longer-term demand from data centres, semiconductor manufacturing and battery energy storage. The outlook remains […]