January 28, 2026 2:07 pm
Key Moments Brent crude reached $67.95 a barrel and U.S. WTI $62.76, both trading at their highest levels since late September. Weakness in the U.S. dollar and weather-related supply disruptions in the United States and Kazakhstan supported prices. OPEC+ is expected to maintain its pause on output increases for March, while U.S. sanctions relief for […]
Read moreJanuary 28, 2026 7:33 am
Key Moments Spot gold climbed to a new record of $5,266.38/oz, while April futures touched $5,297.86/oz. Silver and platinum prices rose, with spot silver up 2.8% to $115.25/oz and spot platinum increasing 1.3% to $2,688.23/oz. Markets widely expected the Federal Reserve to hold rates at 3.75%, while investors looked to Chair Jerome Powell for signals […]
Read moreJanuary 27, 2026 3:14 pm
Spot Silver held in proximity to an all-time high of $117.69/oz. on Tuesday amid persistent geopolitical tensions, a crisis of confidence in the US administration and broader economic uncertainty. Last week, US President Donald Trump backed away from threats to impose tariffs as leverage to take control of Greenland. But, this past weekend, the US […]
Read moreJanuary 27, 2026 3:07 pm
Key Moments Deutsche Bank expects copper to stay in an incentive price range, supported by tight mine supply and electrification demand. The bank projects a quarterly peak near $13,000/t in Q2, then a gradual decline as mine output recovers. Potential US tariffs on refined copper may shift flows and add volatility later in the year. […]
Read moreJanuary 27, 2026 2:27 pm
Key Moments Silver (XAG/USD) trades near 112.50 on Tuesday, up 3.80% and marking a fourth straight gain. Political uncertainty in the United States and renewed trade tensions are pushing markets into a risk-off stance. Expectations of Federal Reserve rate cuts are weighing on the US Dollar and supporting Silver demand. Risk-Off Mood Lifts Silver Prices […]
Read moreJanuary 27, 2026 1:55 pm
Key Moments Front-month Henry Hub futures settled almost 29% higher at $6.80/MMBtu, extending a strong rally. Total gains in front-month prices since 19 January reached almost 120%, while spot Henry Hub briefly exceeded $30/MMBtu. ING strategists indicated that early signs of production recovery suggest U.S. natural gas prices may have already peaked. Storm-Driven Rally Lifts […]
Read moreJanuary 26, 2026 3:20 pm
Key Moments Severe tightness in aluminum scrap supply has kept EU scrap and secondary ingot prices firm, despite weak end-user demand. Aluminum pressure diecasting ingot DIN226/A380, delivered Europe, traded near €2,430–2,530 ($2,854–2,971) per tonne, up €10. Fastmarkets assessed aluminum scrap floated frag, delivered consumer Europe, at €1,900–2,000 per tonne, rising 2.63% week-on-week. Scrap Shortages Dominate […]
Read moreJanuary 26, 2026 1:49 pm
Key Moments Brent March futures dipped 0.2% to $64.97 per barrel, and WTI fell 0.3% to $60.91 at 08:15 ET (13:15 GMT). Geopolitical tensions, including U.S. military moves toward the Middle East, kept risk premiums high. OPEC+ is expected to keep production unchanged for March, after raising targets earlier in 2025. Early Session Price Action […]
Read moreJanuary 26, 2026 12:58 pm
Key Moments EU governments approved a law to end Russian LNG imports by the end of 2026 and pipeline gas by September 30, 2027, with a possible extension to November 1. However, Hungary and Slovakia voted against the measure, while Bulgaria abstained. Hungary also plans to challenge the law in court. Meanwhile, companies face fines […]
Read moreJanuary 26, 2026 11:02 am
Key Moments Henry Hub natural gas prices pushed above $6/MMBtu, the highest level since late 2022, as a severe US winter storm hit production and demand. European benchmark TTF climbed above EUR40/MWh as EU storage dropped below 46% full, well under the 5-year average of 61%. Silver traded above $108/oz and gold surpassed $5,000/oz, extending […]
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