March 24, 2026 2:06 pm
Key Moments TD Securities warns that gold’s ongoing bull market is becoming constrained as energy importers and Middle Eastern producers grapple with economic shocks that weigh on official sector demand. TD Securities’ simulations indicate that Commodity Trading Advisors (CTAs) are likely to turn net sellers of gold in the coming week, with algorithms poised to […]
Read moreMarch 24, 2026 12:58 pm
Key Moments LME copper prices slipped about 1% after a sharp advance driven by news of a temporary pause in planned US strikes on Iran. The metal has fallen roughly 10% over the month, a decline that has spurred renewed purchasing interest from Chinese buyers. Mysteel reported a 78,700-tonne weekly drop in inventories to 486,200 […]
Read moreMarch 24, 2026 9:59 am
Key Moments Gold dropped to 4,300 USD per ounce on Tuesday and remained under pressure despite ongoing Middle East tensions. Since its March peak, gold has lost up to 25% as rising energy prices fueled expectations of tighter monetary policy. Technical signals suggest scope for a short-term rebound, but the broader price trend stays decisively […]
Read moreMarch 24, 2026 9:46 am
Key Moments Silver has declined by more than 40% from its early-January all-time peak of about $120/oz to around $70/oz. Prices oscillated above $80/oz between Feb. 19 and March 13 before consolidating near $70/oz, which some analysts view as a new floor. The photovoltaic sector is expected to reduce silver usage in 2026 as manufacturers […]
Read moreMarch 24, 2026 7:20 am
Key Moments WTI trades near $91.00 per barrel in Asian hours on Tuesday after suffering more than 9% losses the previous day. Signals of possible direct military involvement by US-aligned Gulf states in the Iran conflict heighten supply risk. Transit through the Strait of Hormuz remains limited and tightly controlled, with only several LPG vessels […]
Read moreMarch 23, 2026 1:02 pm
Key Moments Rabobank analysts say Ras Laffan strike impacts and prolonged Strait of Hormuz closure have effectively ended the LNG glut, triggering a sharp repricing of TTF gas. They now project Q2 2026 TTF at €61/MWh, full-year 2026 around €50/MWh, and 2027 at €42/MWh as Europe and Asia vie for restricted LNG cargoes. Total available […]
Read moreMarch 23, 2026 10:54 am
Key Moments Gold has faced selling pressure as rising global yields, higher real rates, and renewed inflation concerns trim expectations for near-term Federal Reserve rate cuts. Outflows from gold-backed ETFs and stress-driven liquidations are adding to downside moves, even as geopolitical risks remain elevated. OCBC strategists still project a constructive medium-term outlook, anticipating that gold […]
Read moreMarch 23, 2026 10:16 am
Spot Silver dove to lows not seen since December 12th on Monday, extending a three-week streak of losses, as the Middle East conflict escalated, fueling inflation concerns and adding to prospects of higher interest rates globally. Geopolitical risks rose further as the situation around the Strait of Hormuz deteriorated. US President Donald Trump issued a […]
Read moreMarch 23, 2026 9:41 am
Key Moments Brent crude and WTI futures have surged amid intensified Middle East conflict and an effective shutdown of the Strait of Hormuz. Rabobank now projects crude and product flows through the region to recover only gradually to about 80% of pre-war volumes by August. The bank has raised its Brent and WTI price forecasts […]
Read moreMarch 23, 2026 8:26 am
Spot Gold plunged to lows not seen since November 24th on Monday, extending a three-week streak of losses, as the Middle East conflict escalated, fueling inflation concerns and adding to prospects of higher interest rates globally. Geopolitical risks rose further as the situation around the Strait of Hormuz deteriorated. US President Donald Trump issued a […]
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