Commodities News

Gold Nears Gains but Strong Dollar Caps Further Upside

Key Moments XAU/USD trades slightly above the $4,500 level in Asia after rebounding from its lowest point since March 27 in the $4,367-$4,366 zone. Read more

Silver Rally Extends on Ceasefire and Soft US Inflation

Key Moments: XAG/USD trades around $75.80 per troy ounce in Asian hours, marking a second consecutive day of gains. Read more

Gold Slides as Inflation Fears Boost Strong Dollar

Key Moments Gold (XAU/USD) trades at $4,386 after setting a fresh two-month low at $4,366, slipping below its 200-day SMA. The US Dollar Index hovers near 99.35 after reaching a seven-week high of 99.54, as investors favor the Greenback over Gold. Markets look to the upcoming US core PCE Price Index, with expectations for a […] Read more

Brent Crude Slips as US-Iran Deal Hopes Weigh on Risk

Key Moments Brent crude has dropped to $94.29 per barrel, slipping below the 7 May low of $96.03 per barrel. MUFG’s Lloyd Chan links the decline primarily to rising optimism over a potential US-Iran deal. Uncertainty persists as reports highlight Trump’s dissatisfaction with talks and continued subdued tanker traffic through the Strait of Hormuz. Brent […] Read more

WTI Crude Tops $91 as Geopolitical Risks Rise

Key Moments WTI rebounds during the Asian session, recovering much of the prior day’s drop from its lowest level since April 21 and trading back above $91.00. Fresh US strikes on an Iranian military site and a retaliatory move by Iran’s IRGC keep the geopolitical risk premium elevated in crude markets. A stronger US Dollar […] Read more

Silver Drops to Multi-Week Low as Dollar Rises Sharply

Key Moments Silver (XAG/USD) dropped to around $72.30 in early European trading, its weakest level since May 6. Fresh US military strikes in Iran and stronger crude oil and US Dollar prices pressured the USD-denominated metal. Technically, XAG/USD remains below key moving averages, with initial resistance at $77.95 and first support at 71.22. Geopolitical Tensions […] Read more

Copper Market Seen Moving From Surplus to Deficit This Year

Key Moments The global copper market recorded a sizeable surplus of nearly 400,000 tons in Q1 2026, driven by a sharp increase in refined production. Refined output rose strongly in China and the DR Congo, while global copper demand expanded by less than 1%. Commerzbank expects demand to accelerate and production growth to slow, supporting […] Read more

Gold Falls to Multi-Month Low on Hawkish Fed Bets

Key Moments Gold (XAU/USD) trades near $4,430, its lowest level since March 30, despite a weaker US Dollar and softer Oil prices. Cautious optimism around a potential US-Iran understanding pressures the US Dollar, but expectations of higher-for-longer interest rates continue to drag on Gold. XAU/USD remains pinned near the lower Bollinger Band around $4,422, with […] Read more

Corn Futures Fall Further as Energy Weakness Weighs

Key Moments Corn futures were lower on Wednesday morning, extending Tuesday’s declines of 1 1/4 to 5 3/4 cents across the board. Weekly U.S. corn export inspections reached 1.582 MMT, up 11.43% from the prior week and 13.01% above the same week a year earlier. U.S. corn planting advanced to 86% complete, running 3 percentage […] Read more

Natural Gas Slips as APAC Demand, Storage Weigh on LNG

Key Moments US natural gas trades toward the 2.90 region as LNG markets adjust to softer Asia-Pacific macro data and elevated storage competition. Prices remain below key short-term EMA participation zones, with 2.90, 2.95 and 3.00 acting as critical structure levels for traders. Market participants closely monitor Thursday’s US PCE and GDP releases for potential […] Read more