Commodities News

Gold Pressured by Strong Dollar and Fed Outlook

Key Moments XAU/USD trades below the $4,580 resistance area, maintaining a vulnerable tone despite earlier bids. Read more

Silver Retreats as US-Iran Tensions Stoke Rate Fears

Key Moments Silver (XAG/USD) trades around $76.40 per troy ounce, giving back gains from the previous session during Asian hours on Tuesday. US self-defense strikes in southern Iran raise fears of an energy-driven inflation shock and longer-lasting tight monetary policy. US-Iran talks on extending a ceasefire and reopening the Strait of Hormuz are described as […] Read more

WTI Crude Near $91 as Supply Risks Reignite Fears Again

Key Moments WTI trades near $90.60 per barrel in Asian hours on Tuesday after a more than 6% slide on Monday. U.S. forces conducted self-defense strikes in southern Iran on Monday, targeting missile sites and vessels near the Strait of Hormuz. Three LNG tankers and an Iraqi crude supertanker have recently transited the Strait of […] Read more

Century Aluminum Faces Margin Pressure Amid Volatile Markets

Key Moments Recent quarterly results highlighted pressure on Century Aluminum Company’s profitability from lower aluminium prices and elevated power costs. Ongoing capital spending on expansion and low-carbon initiatives is adding to near-term earnings headwinds. Exposure to U.S. domestic supply dynamics and European energy and environmental policies remains central to the company’s strategic outlook. Operational Footprint […] Read more

Oil Prices Slip as US-Iran Deal Uncertainty Weighs

Key Moments: ICE Brent futures settled 2.3% lower below $103/bbl, marking the weakest close since early May. Persistent uncertainty around US-Iran negotiations, including uranium enrichment and the Strait of Hormuz toll proposal, has driven sharp price volatility. Global refined products remain tight in gasoline and jet fuel, while Singapore oil product stocks rose marginally by […] Read more

Feeder Cattle Futures Hit Limit on Demand Uncertainty

Key Moments Feeder cattle futures at the Chicago Mercantile Exchange closed down by the full 9.250-cent daily limit at 356.525 cents per pound. Market participants focused on potential softness in consumer demand ahead of the US Memorial Day holiday and a key USDA cattle report. June lean hog futures fell 2.150 cents to 95.125 cents […] Read more

WTI Crude Tests Support as Bearish Momentum Builds

Key Moments WTI trades in the mid-$96.00s after holding above the $95.00 psychological area, a near two-week low. Key support confluence sits around the 200-period SMA at $95.09 and an upward trend line near $95.49 on the 4-hour chart. RSI near 36 and negative MACD indicate increasing downside pressure unless WTI clears resistance at $100.42. […] Read more

Gold Struggles as Firm Dollar, Fed Outlook Weigh on Prices

Key Moments XAU/USD stays under pressure above the $4,500 level while the US Dollar trades near a six-week high. Read more

Silver Slips as Fed Hawks, US-Iran Tensions Weigh XAGUSD

Key Moments Silver (XAG/USD) trades near $76.10 per troy ounce after two straight sessions of gains. Federal Reserve officials are shifting away from rate cut expectations and are prepared to hike if inflation does not ease. US-Iran negotiations over a potential deal and control of the Strait of Hormuz keep market participants focused on inflation […] Read more

Crude Futures Firm on Iran Strait Tensions, U.S. Draws

Key Moments Brent crude futures were up $0.40 to $105.42/bbl and WTI rose $0.50 to $98.76/bbl by 08:09 GMT on 21 May. Oil benchmarks had dropped more than 5.6% on Wednesday after comments from U.S. President Donald Trump that Iran peace talks were close to conclusion. U.S. EIA data showed a record withdrawal of roughly […] Read more