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Citi reaffirmed its bullish three-month copper price target of $15,000 per tonne, citing structural demand from power grids and electric vehicles. Despite near-term risks from US tariff headlines, th…
Silver fell to 62.53 USD/t.oz, hitting multi-month lows and extending a 4.88% decline over the past four weeks. Despite the short-term pullback, silver retains a 46.53% gain over the past 12 months.
Cotton futures softened alongside a 33-cent decline in crude oil and a slipping US dollar. CFTC data revealed managed money near record net-long cotton positioning, while ICE certified cotton stocks …
Gold prices fell to two-week lows despite escalating U.S.-Iran military tensions. Surging oil prices and potential supply disruptions around the Strait of Hormuz have heightened expectations for Fede…
India's Prime Minister Modi renewed appeals to curb gold purchases to reduce the trade deficit and support the rupee. The move threatens physical demand from one of the world's largest consumers ahea…
Gold prices face short-term pressure following hawkish comments and rising yields after surging 10% in August. Despite near-term pullbacks, major Wall Street analysts remain heavily bullish due to fi…
Silver dropped toward $68 an ounce following stronger-than-expected US PCE inflation and robust economic data. The resilient macroeconomic indicators dampened Federal Reserve interest rate cut expect…
Silver prices retreated below $68 per ounce as recent bullish momentum stalled ahead of crucial US inflation data and the Jackson Hole Symposium. Traders are taking profits while monitoring Federal R…
Silver dipped to $65.12 amid rising oil prices and stalled US-Iran diplomatic talks. Despite short-term fluctuations, major analysts project long-term bullish upside toward $80 by year-end and $100 b…
Physical copper faces a severe supply squeeze with spot prices jumping 4.3% amid widespread mine disruptions, including cuts from Antofagasta and Codelco. LME spot spreads reached multi-year highs, c…
Cotton futures and crude oil prices are seeing gains on Wednesday. WTI crude oil is up significantly by over $2 per barrel, while the US dollar index is slightly down.
Gold and silver register modest gains of over 0.5%, while platinum and palladium experience declines of 1.48% and 1.71% respectively, showcasing divergent trends in the precious metals sector.
Precious metals trade mixed with gold posting minor gains while silver, platinum, and palladium trend lower, with platinum leading the losses down over one percent.
Global crude oil benchmarks plunged, with WTI dropping over 5% and Brent falling more than 4%, indicating sharp selling pressure. Meanwhile, soft commodities cocoa and coffee posted modest gains.