June 10, 2025 11:15 am
Key Moments: US Comex copper futures declined 1.2% to $4.8655 on Tuesday. London Metal Exchange copper rebound and rose by 1.1%. LME copper warehouse stocks dropped by another 2,000 tons to 120,400 tons. Trade Tensions Weigh on US Copper Market US copper prices slid by 1.21% to $4.8655 on Tuesday as investors remained cautious ahead […]
Read moreJune 10, 2025 7:44 am
Spot Gold was mostly stable on Tuesday, as investors were on watch for further developments in regard to trade talks between the US and China. Communication between the two countries appears constructive, as President Donald Trump has stated that he had “a very good phone call with President Xi Jinping” during which they discussed details […]
Read moreJune 9, 2025 10:35 am
Key Moments: Futures tied to WTI prices rose 0.42% on Monday and hit $64.85. Brent contracts advanced even further by climbing 0.45% to $66.77. OPEC and allied nations agreed to a July production increase of 411,000 barrels per day Commerzbank recently warned that gains may be limited due to a potential for further hikes in […]
Read moreJune 9, 2025 9:04 am
Spot Silver held close to a fresh 13-year high of $36.44 on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will helm their respective delegations in the […]
Read moreJune 9, 2025 7:23 am
Spot Gold hovered just above a 1-week low of $3,293.50 per troy ounce on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, top negotiators from the US and China are expected to meet in London later on Monday. […]
Read moreJune 6, 2025 2:38 pm
Key Moments: Today’s trading saw Brent crude futures advance 1.35% to $66.22 per barrel, while WTI jumped 1.6% to $64.38. Oil benchmarks were poised for weekly gains of nearly 6% amid optimism over US-China trade prospects. Wildfires in Canada added to the momentum of crude prices. Oil Markets Rebound on Trade Negotiation Optimism Crude oil […]
Read moreJune 6, 2025 10:27 am
Key Moments: During Friday’s trading session, Dutch TTF gas futures rose 0.84% while UK NBP Natural Gas contracts advanced by 1%. However, both benchmarks eventually retreated. Norwegian exports increased by 16 mcm/d as operations commenced at two fields following maintenance. European gas storage was recorded at 49.9% full, far below last year’s level. Futures Suffer […]
Read moreJune 6, 2025 6:51 am
Spot Silver held just below an intraday high of $36.18 on Friday, its strongest price level since February 29th 2012, as weak US macro data and a dovish Federal Reserve outlook continued to underpin safe-haven demand. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with […]
Read moreJune 5, 2025 9:00 am
Spot Silver held close to a 32-week high of $34.79 on Thursday, as rising economic uncertainty underpinned safe-haven assets. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. The data added to expectations that the […]
Read moreJune 5, 2025 6:58 am
Spot Gold held in proximity to a 1-month high of $3,392.30 per troy ounce on Thursday, as market players continued to grapple with rising economic uncertainty. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. […]
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