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Spot Silver extends pullback from 1 1/2-week peak

January 8, 2026 11:55 am
Spot Silver extended its pullback from recent 1 1/2-week high near the $83 mark, while tracking Gold. Investors weighed soft US jobs data, which reinforced Fed rate cut expectations, along with stronger-than-expected ISM data. Still, sentiment remained balanced, with market participants mindful of the potential for profit taking at current close to record price levels. […] Read more

Spot Gold extends pullback from 1 1/2-week high

January 8, 2026 8:12 am
Spot Gold extended its pullback from recent 1 1/2-week high on Thursday. Investors weighed soft US jobs data, which reinforced Fed rate cut expectations, along with stronger-than-expected ISM data. Still, sentiment remained balanced, with market participants mindful of the potential for profit taking at current high price levels. Additionally, the US Dollar continued holding close […] Read more

Gold Retreats as Stronger Dollar and Cautious Trade Precede U.S. Jobs Report

January 8, 2026 7:28 am
Key Moments Spot gold fell 0.5% to $4,436.62 an ounce and U.S. Gold Futures dipped 0.4% to $4,442.86/oz in Asian trading. A firmer U.S. dollar and profit-taking weighed on bullion as markets awaited the upcoming U.S. nonfarm payrolls report. Heightened U.S.-Venezuela tensions and related oil tanker seizures helped limit downside in gold by supporting safe-haven […] Read more

Global Banks See Gold Surging Toward Fresh Records in 2026

January 8, 2026 7:08 am
Key Moments Major international banks have projected gold prices could approach or exceed $5,000 per ounce by the end of 2026. Forecasts cite central bank buying, potential interest rate cuts, and ongoing political and economic uncertainty as key drivers of demand. Analysts also caution that a stronger US dollar or persistently high interest rates could […] Read more

AI and Defense Spending Set Stage for Sharp Jump in Copper Use by 2040

January 8, 2026 6:06 am
Key Moments S&P Global expects global copper demand to reach 42 million metric tons per year by 2040, up from 28 million in 2025. However, the consultancy warns that more than 10 million metric tons of annual demand could go unmet without more mining and recycling. In addition, artificial intelligence, defense, and robotics are set […] Read more

Crude Oil Rebounds in Asia as Traders Weigh U.S. Strategy on Venezuela

January 8, 2026 5:49 am
Key Moments Brent March futures rose 0.5% to $60.24, while WTI climbed 0.5% to $56.17 by 23:01 ET (04:01 GMT), rebounding after two days of losses. Meanwhile, a Wall Street Journal report said the Trump administration plans long-term oversight of Venezuela’s oil sector to target a $50 per barrel price. Additionally, U.S. crude inventories fell […] Read more

Gold Market Braces for Potential Pressure From Upcoming Index Rebalancing

January 7, 2026 1:46 pm
Key Moments BCOM’s January rebalancing will cut gold’s target weight to 14.9% from 20.4%, near the index cap. Deutsche Bank estimates the shift could trigger sales of about 2.4 million troy ounces of gold. Gold and silver are expected to see some of the largest supply increases from rebalancing flows. Index Rebalancing May Pressure Gold […] Read more

SMR 20 Extends Rally as Weather Risks and China Stimulus Lift Kuala Lumpur Rubber Market<

January 7, 2026 9:41 am
Key Moments The Kuala Lumpur rubber market ended mixed, with SMR 20 continuing its uptrend on support from regional futures. China’s latest stimulus measures and concerns over supply disruptions in major rubber-producing countries bolstered sentiment. Gains were capped by weaker crude oil prices following news of a US deal to import US$2 billion of Venezuelan […] Read more

Spot Silver slips from 1 1/2-week high amid profit taking

January 7, 2026 9:28 am
Spot Silver pulled back from a 1 1/2-week high near the $83 mark on likely profit taking following the recent rally, while the US Dollar held close to an over two-week high, weighing on precious metals’ prices. Investor focus now sets on the US data set, including ADP employment figures, job openings as well as […] Read more

Silver Pulls Back From Record High as Profit-Taking Hits Bullion Rally

January 7, 2026 9:02 am
Key Moments MCX silver futures for March delivery fell ₹4,161, or 1.61%, to ₹2,54,650 per kg after reaching a record intraday high of ₹2,59,692 per kg. Comex silver futures dropped $1.41, or 1.74%, to $79.63 per ounce, after briefly trading near $82.58 per ounce. Gold futures eased in domestic and international markets as traders locked […] Read more