February 9, 2026 9:30 am
Key Moments LME aluminum cash offer price rose to USD 3,045 per tonne on February 6 from USD 3,014 per tonne on February 5, up 1.03%. Opening stocks on the LME fell to 490,975 tonnes on February 6 from 492,975 tonnes, a 0.4% decrease. LME alumina Platts price increased to USD 308.73 per tonne on […]
Read moreFebruary 9, 2026 8:33 am
Key Moments Gold on COMEX last traded at $5,053 per ounce, up 1.4% after reclaiming $5,000. China extended its gold-buying streak to 15 months in January, lifting reserves to 74.19 million ounces. Spot silver last traded at $81.670 per ounce, up 6.1% after intraday swings as wide as 27.8%. Gold Reclaims $5,000 on Dollar Weakness […]
Read moreFebruary 9, 2026 8:18 am
Spot Gold extended last Friday’s gains on Monday, as the metal reclaimed ground above $5,000/oz. on softer US Dollar ahead of delayed US jobs and inflation data prints, which may provide fresh clues over the Fed’s monetary policy trajectory. “Any softness in the jobs data could help gold’s rebound efforts. We are not expecting a […]
Read moreFebruary 9, 2026 8:01 am
Key Moments Shanghai Futures Exchange copper gained 1.78% to 101,780 yuan ($14,679.24) a metric ton as of 0308 GMT. London Metal Exchange three-month copper traded at $13,046.50 a ton, up 0.40% and holding above $13,000. SHFE copper inventories rose to 248,911 tons on Friday, the highest level since March 2025. Dip-Buying Supports Copper After Sharp […]
Read moreFebruary 9, 2026 7:35 am
Key Moments Brent crude traded at $67.38 a barrel and U.S. WTI at $62.94 a barrel, both down 1% by 0444 GMT. Market anxiety over Middle East supply disruptions eased after the U.S. and Iran agreed to continue indirect nuclear talks. Investors monitored shifting trade flows away from Russian seaborne crude and potential implications for […]
Read moreFebruary 6, 2026 3:13 pm
Key Moments Commerzbank’s Barbara Lambrecht highlights mounting short-term pressure on copper from rising exchange inventories and heightened metals market volatility. Chinese power grid operators, described as major copper consumers, reported a 35% year-on-year jump in January capital expenditure for grid expansion. The China Nonferrous Metals Industry Association projected copper production growth of 5% for the […]
Read moreFebruary 6, 2026 1:49 pm
Key Moments The Kuala Lumpur rubber market closed higher, buoyed by strength in crude oil prices. Brent crude oil was up 1.63 per cent at US$68.59 per barrel at the time of writing. Standard Malaysian Rubber (SMR) 20 climbed to 760.50 sen per kg, while latex-in-bulk advanced to 578.5 sen per kg by 3 pm. […]
Read moreFebruary 6, 2026 1:21 pm
Key Moments XAU/USD traded near $4,880 on Friday after rebounding from an intraday low of $4,655 in Asian hours.
Read moreFebruary 6, 2026 10:44 am
Key Moments Silver (XAG/USD) trades just above $74.00 after bouncing from seven-month lows near $64.00. The metal has dropped almost 30% over the past two weeks. This decline follows easing geopolitical tensions and recent US political developments. Technical indicators remain bearish as XAG/USD trades below the key $92.00 resistance zone. Price Action and Market Drivers […]
Read moreFebruary 6, 2026 8:54 am
Key Moments Gold (XAU/USD) recovered from recent lows, trading near $4,840 after touching an intraday high close to $4,846 on renewed safe-haven demand. Weak U.S. labor market indicators and rising expectations of Federal Reserve rate cuts in 2026 weighed on the U.S. dollar and supported precious metals. Silver (XAG/USD) advanced toward the 74.00 level with […]
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