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 […]
Today Markets Analysis Gold held around $4,150 per ounce on Friday after rebounding in the previous session, as falling equity markets and heightened geopolitical risks encouraged investors to seek protection in precious metals and government bonds. The decline in bond yields has eased pressure on gold, which does not pay interest. However, the outlook remains […]
Today Markets Analysis | Lithium | Battery Metals | Electric Vehicles | Commodities Lithium carbonate prices in China have fallen to CNY 100,000 per tonne in October, their lowest level in nearly ten months, as concerns over softer battery demand combine with ample supply and rising reported inventories. The decline highlights the challenges facing the […]
Today Markets Analysis | Gold | Precious Metals | Federal Reserve | Central Bank Demand Gold is attempting to recover from its recent sell-off, rising more than 1% as investors assess the impact of higher US Treasury yields, Federal Reserve rate expectations and persistent geopolitical uncertainty. The precious metal has stabilised around the $4,100–$4,150 per […]
Nickel prices have fallen below $15,300 per tonne, reaching their lowest level since December 2025 as expectations of a global supply surplus continue to pressure the market. The International Nickel Study Group (INSG) has revised its 2026 outlook from a 32,000-tonne deficit to a 19,000-tonne surplus and expects the excess to widen to 70,000 tonnes […]
Zinc futures have fallen to approximately $3,670 per tonne in mid-October, reaching their lowest level since early August. The decline reflects expectations of increased Chinese zinc concentrate availability and renewed pressure from a stronger US dollar. However, tightening production conditions in Western markets and uncertainty surrounding European smelting capacity continue to create a more complex […]
Copper futures are facing renewed selling pressure, moving towards $6.50 per pound after extending losses for a third consecutive session. Stronger-than-expected US inflation has increased concerns about further Federal Reserve rate hikes, raising the risk that higher borrowing costs could weaken industrial activity and metals consumption. However, supply disruptions across Chile, the world’s largest copper-producing […]