May 14, 2026 6:03 am
Key Moments Silver (XAG/USD) trades near $87.30 per troy ounce, snapping a six-session advance during Asian hours on Thursday. US and Chinese officials are reportedly exploring a tariff-reduction framework on about $30 billion of goods to help stabilize relations. India has raised import duties on Gold and Silver to a combined 15%, aiming to bolster […]
Read moreMay 13, 2026 12:27 pm
Key Moments Gold (XAU/USD) trades around $4,700 with intraday losses of about 0.25% as the US Dollar strengthens and Treasury yields rise. US headline CPI climbed to 3.8% year-on-year in April from 3.3% in March, its highest level since May 2023, pushing rate-hike expectations higher. India’s increase in Gold and Silver import tariffs from 6% […]
Read moreMay 13, 2026 10:58 am
Spot Silver scaled a fresh 2-month high on Wednesday amid improving prospects for industrial demand despite expectations interest rates may stay elevated for longer. Silver is used in electronics, solar panels and other industrial applications because of its high electrical conductivity. Yet, uncertainty in the Middle East continued to weigh on the white metal. The […]
Read moreMay 13, 2026 9:32 am
Key Moments Europe’s share of LNG imports sourced from the United States rose to 63% in the first quarter, and is projected to reach roughly two-thirds in 2026. IEEFA projects Europe could obtain up to 80% of its LNG from U.S. suppliers by 2028 or 2029 as Middle East disruptions tighten the global market. Despite […]
Read moreMay 13, 2026 9:14 am
Key Moments The International Energy Agency now projects a 3.9 million bpd drop in global oil supply in 2026, assuming Strait of Hormuz flows gradually resume from June. The IEA forecasts world oil supply to undershoot demand by 1.78 million bpd in 2026, reversing its prior expectation of a 0.41 million bpd surplus. WTI Oil […]
Read moreMay 13, 2026 9:01 am
Key Moments Aluminium alloy 2607 futures retreated from intraday highs and settled at RMB 23,255 per tonne after overnight volatility. SHFE registered cast aluminium alloy warrants reached 33,884 tonnes on May 12, an increase of 237 tonnes from the prior trading day. Import ADC12 offers stayed elevated at USD 3,320-3,400 per tonne, with theoretical import […]
Read moreMay 13, 2026 8:30 am
Key Moments Copper prices climbed almost 2% to fresh record levels, driving broad gains across mining equities. Antofagasta PLC (LSE:ANTO), Anglo American PLC (LSE:AAL), Rio Tinto Ltd (LSE:RIO) and Glencore PLC (LSE:GLEN) all advanced more than 3% among FTSE 100 constituents. Supply constraints, including sulfuric acid shortages and export restrictions, have intensified an already tight […]
Read moreMay 13, 2026 8:21 am
Key Moments WTI futures on NYMEX trade around $97.20 during Wednesday’s European session after giving back part of earlier gains. Hotter-than-expected April US CPI data at 3.8% YoY boosts expectations for a more hawkish Federal Reserve, weighing on demand prospects for oil. Concerns about a prolonged disruption in the Strait of Hormuz due to stalled […]
Read moreMay 13, 2026 7:38 am
Key Moments Gold (XAU/USD) has been trading with a negative tone for a second consecutive day, unable to build on a rebound from multi-day lows around $4,638. Stronger-than-expected US CPI data lifted US rate hike expectations and pushed US Treasury yields higher, supporting the US Dollar and weighing on gold. Elevated US-Iran tensions and stalled […]
Read moreMay 13, 2026 7:03 am
Spot Gold extended its slide on Wednesday after the latest US inflation figures dampened hopes of Federal Reserve interest rate cuts. Uncertainty in the Middle East also weighed on the metal. The backdrop in the region remains unsettled following recent remarks by US President Donald Trump, who stated that Iran was “under control”, but warned […]
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