Steel prices remain under pressure, with Chinese rebar futures falling towards CNY 3,000 per tonne and approaching three-month lows. Weak downstream demand, elevated inventories and compressed steelmaker profit margins continue to weigh on market sentiment, while environmental restrictions across northern China are temporarily limiting hot metal production. The broader outlook for the steel market has […]
Iron ore futures are approaching CNY 670 per tonne, remaining close to four-year lows as increasing global shipments add pressure to an already subdued market. Higher supply from Australia and Brazil is weighing on prices, with major mining companies increasing output to meet quarterly and annual production targets. Demand conditions in China, the world’s largest […]
Copper prices have come under renewed pressure, with futures slipping towards $6.40 per pound, as selling across technology stocks weighs on sentiment towards the metal’s long-term demand outlook. The latest decline reflects growing concerns about artificial intelligence valuations and the sustainability of investment in data centres, power grids and electrical infrastructure. Copper is a critical […]
Silver (XAG/USD) edges higher at the start of a new week, recovering a part of Friday’s heavy losses to sub-$49.00 levels, or a fresh low since November 2025. The white metal, however, struggles to capitalize on a modest Asian session uptick and currently trades around the $50.00 psychological mark, up 1.70% for the day. From […]
Gold prices have recovered modestly above $3,900 an ounce after falling to one-year lows, as declining oil prices ease concerns over energy-driven inflation and the possibility of further Federal Reserve interest rate increases. The recovery comes as investors reassess geopolitical developments involving the United States and Iran while preparing for this week’s closely watched US […]
Today Markets Analysis Gold prices tumbled below $3,900 per ounce on Friday, touching their lowest level since October 2025 as rising energy costs, persistent inflation concerns and expectations of higher US interest rates reinforced selling pressure across the precious metals market. The decline came after major central banks, including the Federal Reserve and European Central […]
Today Markets Analysis Precious metals ended Friday sharply lower, with silver recording the largest decline across the major metals. Silver fell 5.79%, while platinum dropped 3.94% and gold declined 3.62%, leaving the entire precious metals complex under significant selling pressure heading into the weekend. The scale of the losses highlights a broad retreat across the […]
The metals complex is facing broad-based selling pressure, with platinum, silver, lithium carbonate and gold all recording declines. Platinum leads the losses, falling 3.36%, followed by silver at 2.83% and lithium carbonate at 2.60%. Gold has also moved lower, declining 0.91%, indicating that weakness is extending across both precious and industrial metals. The latest performance […]
Copper futures have fallen towards $6.50 per pound, extending losses for a second consecutive session as disappointing corporate earnings trigger renewed selling across technology and artificial intelligence stocks. The pullback highlights copper’s growing sensitivity to sentiment surrounding global technology investment. The metal is a critical component in data centres, electricity networks and power infrastructure, making […]
Iron ore futures have fallen below CNY 680 per tonne, moving closer to four-year lows as weakening fundamentals continue to weigh on the market. Rising inventories at major Chinese ports, subdued steel mill profitability and sluggish downstream demand are reinforcing the bearish outlook, while elevated shipments from international producers are adding to concerns over supply. […]