May 19, 2026 10:04 am
Key Moments Copper on the LME extended its latest bout of losses, weighed down by inflation worries tied to the Iran conflict, weaker Chinese data and a stronger USD. Prices have pulled back from recent highs reached just last week as macroeconomic headwinds have intensified. Even after the recent decline, copper remains about 8% higher […]
Read moreMay 19, 2026 8:57 am
Key Moments Roughly 20% of global oil and LNG flows have been disrupted at the Strait of Hormuz, triggering what is described as the largest energy-supply shock on record. The United States has solidified its status as a leading global energy supplier, briefly surpassing Saudi Arabia as the top oil exporter during the conflict while […]
Read moreMay 19, 2026 7:52 am
Key Moments Oil prices slipped after the US signaled a delay in a planned military strike on Iran. The move eased immediate fears of supply disruption in the Middle East. Traders remained cautious as geopolitical risks and negotiations with Iran continue. Oil Prices Fall as Trump Delays Iran Strike Oil prices moved lower after US […]
Read moreMay 19, 2026 5:53 am
Key Moments Silver (XAG/USD) faded an intraday rise toward the $79.00 area and retreated to a new daily low while holding above $77.00. The prior break below the 100-period SMA on the 4-hour chart at $78.02 keeps the near-term bias tilted toward sellers within a broader rising channel. Channel support near $74.60 remains the pivotal […]
Read moreMay 19, 2026 5:40 am
Key Moments WTI trades around $101.85 in early Asian dealings on Tuesday after retreating below $102.00. President Trump said he called off a planned military strike on Iran following appeals from Gulf leaders. The Strait of Hormuz remains effectively closed amid U.S.-Iran tensions, keeping supply risks in focus. Crude Retreats After Cancellation of Planned Iran […]
Read moreMay 18, 2026 2:14 pm
Key Moments Goldman Sachs keeps its year-end Gold price target at $5,400 per troy ounce, near the recent all-time high. Central bank Gold purchases are projected to rise to an average of 60 tonnes per month this year, exceeding the 12-month moving average of 50 tonnes seen in March. Gold’s short-term outlook remains pressured by […]
Read moreMay 18, 2026 1:25 pm
Key Moments TTF benchmark prices moved above EUR50/MWh, with upward momentum continuing in early-morning trading. ING strategists say the market is not fully reflecting potential supply disruptions linked to the Persian Gulf. EU gas storage stands at 36% of capacity, below the 5-year average level of 50%, highlighting a relatively tight backdrop. Middle East Tensions […]
Read moreMay 18, 2026 12:28 pm
Key Moments Johnson Matthey’s 2026 PGM Market Report projected a platinum supply deficit of about 317,000 ounces in 2026. The market also recorded a larger 951,000-ounce shortfall in 2025. Platinum futures climbed toward 2200 on May 15. This marked the highest level since March 12 before sellers capped the rally. The market continues to trade […]
Read moreMay 18, 2026 9:54 am
Key Moments Live cattle and feeder cattle futures on the CME advanced after cash prices climbed on extremely tight U.S. supplies described as a 75-year low. Cash cattle prices in northern regions such as Nebraska reached $265 per cwt this week, up as much as $7 from the prior week, according to traders. Meatpackers and […]
Read moreMay 18, 2026 9:27 am
Having dropped to an over 1 1/2-month low on Monday, Spot Gold steadied on likely dip buying. Mounting inflation fears led to a rout in the global bond market. The yield on benchmark 10-year US Treasuries went up to highs last seen in February 2025, pressuring non-yielding Gold. “The selloff in the longer end of […]
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