December 5, 2025 7:55 am
Spot Gold was on course for its second consecutive weekly advance ahead of the delayed September PCE inflation report, which may provide more clues on the Federal Reserve’s monetary policy trajectory. Traders were still weighing the latest US private payrolls numbers, which cemented expectations of an interest rate cut by the Fed next week. Employers […]
Read moreDecember 4, 2025 3:24 pm
Key Moments Natural gas has gained over 17% in the past month and more than 36% year-to-date, despite a 0.5% pullback to $4.968 per MMBtu at 08:55 ET (13:55 GMT). Prices have risen about 60% since mid-October, with the prompt Henry Hub contract recently trading above $4.90. Morgan Stanley maintains its view that Henry Hub […]
Read moreDecember 4, 2025 2:13 pm
Key Moments Brent crude traded at $63.02 and U.S. WTI at $59.36 as the market monitored Ukrainian strikes on Russian energy infrastructure. A Ukrainian attack on the Druzhba pipeline did not interrupt oil flows to Hungary and Slovakia, according to the operator and Hungary’s oil and gas company. Fitch Ratings reduced its 2025-2027 oil price […]
Read moreDecember 4, 2025 10:08 am
Spot Silver pulled back from a fresh record high of $58.98/oz. on Thursday as a result of a probable technical correction. The 14-day Relative Strength Index (RSI) has indicated that Silver prices rose quite much for a too short period of time (overbought conditions, with index readings above the 70.00 threshold). This prompted investors to […]
Read moreDecember 4, 2025 9:07 am
Key Moments Spot gold declined 0.3% to $4,191.55 an ounce and U.S. Gold Futures for February also eased 0.3% to $4,219.46 in Asian trading. Futures markets reflected nearly a 90% implied probability of a 25-basis-point rate cut at the Federal Reserve’s December 9–10 meeting. Silver, platinum, and benchmark London Metal Exchange copper prices moved lower […]
Read moreDecember 4, 2025 8:22 am
Key Moments: Ofgem approved £28bn of energy network investment over the next five years, as part of an estimated £90bn to be deployed by 2031. The regulator expects the program to add £108 to household bills by 2031, partially offset by around £80 of efficiency-driven savings. Most of the new funding is earmarked for gas […]
Read moreDecember 4, 2025 8:10 am
Spot Gold continued holding near a six-week peak of $4,264.70/oz. on Thursday, after weak US private payrolls data added to expectations of an interest rate cut by the Federal Reserve this month. Employers in the US private sector cut 32,000 jobs in November, which has been the largest drop in payrolls since March 2023. The […]
Read moreDecember 4, 2025 7:08 am
Key Moments The Dutch TTF benchmark slid below €28/MWh on Tuesday, its lowest level since April 2024, despite an early and cold European winter. U.S. LNG cargoes have supplied about 56% of Europe’s LNG imports this year, sharply reducing the TTF-Henry Hub price spread to $4.8/MMBtu. Goldman Sachs projects TTF could fall to €12/MWh by […]
Read moreDecember 3, 2025 1:21 pm
Key Moments Copper on the London Metal Exchange climbed as much as 2.6% to trade above $11,400 a ton, setting a new record high. A sharp increase in orders for copper stored in LME warehouses in Asia added to concerns about a looming global supply squeeze. The LME copper benchmark was up about 30% for […]
Read moreDecember 3, 2025 8:21 am
Key Moments Brent February futures slipped 0.3% to $62.24 per barrel, while WTI fell 0.3% to $58.44 per barrel in Asian trading. High-level discussions in Moscow between U.S. envoys and President Vladimir Putin ended without a Ukraine peace compromise, keeping geopolitical risks elevated. The American Petroleum Institute reported a 2.48 million-barrel weekly draw in U.S. […]
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