January 22, 2026 7:08 am
Key Moments Goldman Sachs raised its year-end gold price target to $US5400 per ounce from $US4900. The bank highlighted growing private sector diversification into gold as a primary driver of the new forecast. Gold recently traded around $US4783 per ounce after hitting a record high of $US4888 per ounce on Wednesday. Forecast Upgrade and Rationale […]
Read moreJanuary 21, 2026 2:06 pm
Key Moments SHFE aluminium 2602 trended higher intraday, while SMM A00 aluminium settled at RMB 23,710 per tonne, up RMB 30 from the previous trading day. East and Central China sentiment indices for both buyers and sellers showed modest month-on-month gains, though overall trading interest stayed subdued. Aluminium ingot stocks in major consuming regions fell […]
Read moreJanuary 21, 2026 11:39 am
Spot Silver held within striking distance of an all-time high of $95.87/oz. on Wednesday amid simmering tensions between the US and Europe over US President Donald Trump’s push to take over Greenland. Trump said over the weekend that the US would impose a 10% tariff on imports from several EU countries that oppose the Greenland […]
Read moreJanuary 21, 2026 11:17 am
Key Moments Front-month Henry Hub futures climbed more than 25%, briefly trading near $3.90 per million British thermal units. Colder weather models for the Midwest and Northeast into late January raised concerns over heating demand and storage. Bears rapidly covered their positions, fueling a short-covering rally amid strong LNG feedgas demand and pipeline constraints. Weather […]
Read moreJanuary 21, 2026 10:25 am
Key Moments LME Copper has stalled near the 13,400 resistance level, according to Société Générale’s FX analysts. The daily MACD has slipped below its trigger line after reaching multi-year highs, pointing to waning bullish momentum. Analysts see scope for short-term consolidation between the recent pivot low near 12,300 and 13,400. A break above 13,400 is […]
Read moreJanuary 21, 2026 8:49 am
Key Moments Analysts expect at least 35 million metric tons of new LNG capacity to start up this year, mainly in the U.S. and Qatar. Asian spot LNG prices are forecast to average between $9.50 and $9.90 per mmBtu in 2026, down from $12.45 in 2025. China, India, and Europe are projected to absorb much […]
Read moreJanuary 21, 2026 7:56 am
Spot Gold extended its bullish run to a fresh record high of $4,887.82/oz. on Wednesday amid simmering tensions between the US and Europe over US President Donald Trump’s push to take over Greenland. Trump said over the weekend that the US would impose a 10% tariff on imports from several EU countries that oppose the […]
Read moreJanuary 21, 2026 7:30 am
Key Moments Silver trades sideways near its record high around $95.90 as markets await Trump’s Davos speech. US–EU tensions over Greenland and tariffs have weakened the Dollar and boosted safe-haven demand. XAG/USD trades at $94.92, well above the rising 20-day EMA at $82.96, with RSI near overbought levels. Geopolitics Keep Silver Near Record Levels Silver […]
Read moreJanuary 21, 2026 7:19 am
Key Moments Brent traded at $64.16 a barrel and WTI at $59.76, both retreating after earlier gains. Kazakhstan halted output at the Tengiz and Korolev fields, with outages lasting up to 10 days. Analysts expect U.S. crude inventories to rise by roughly 1.7 million barrels. Prices Ease After Tuesday’s Rally Oil futures slipped on Wednesday. […]
Read moreJanuary 20, 2026 3:04 pm
Key Moments Natural gas futures jumped 25% to $3.88 per MMBtu by 8:19 a.m. Eastern on Monday amid intensifying cold weather. Traders cited a Bomb Cyclone and unusually cold forecasts as the main drivers behind the rapid price surge and volatility. The latest rally reverses a prior drop from over $5.20 per MMBtu seen at […]
Read more