May 15, 2025 9:07 am
Spot Silver registered a fresh 1-month low of $31.65 on Thursday, as easing US-China trade tensions weighed on safe-haven demand. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese imports will be reduced from 145% to […]
Read moreMay 15, 2025 6:56 am
Spot Gold extended losses, while plumbing a fresh 5-week low of $3,120.76 on Thursday, as easing US-China trade tensions weighed on the safe-haven allure of the metal. During high-profile trade talks in Switzerland over the past weekend, the US and China agreed to significantly lower tariffs, which alleviated global trade anxiety. US tariffs on Chinese […]
Read moreMay 14, 2025 7:14 am
Spot Gold retreated on Wednesday, while erasing the gains from the prior trading day, as easing US-China trade tensions reduced the safe-haven appeal of the metal. According to a White House executive order, the US will reduce the “de minimus” tariff for low-value shipments from China to 30%. US President Trump said on Monday that […]
Read moreMay 13, 2025 2:19 pm
Key Moments: Natural gas futures moved above $3.67/MMBtu on Tuesday, approaching a one-month high of $3.8 reached on May 9th. Lower 48 natural gas production declined to 103.7 bcfd in May, down from April’s record 105.8 bcfd LNG feedgas demand dropped to 15.1 bcfd, attributed to maintenance at major US export terminals. Market Overview US […]
Read moreMay 13, 2025 1:59 pm
Key Moments: US egg prices declined 12.7% in April, dropping for the first time in months. Prices in April were still 79% higher year-over-year. April’s decline followed two consecutive record-breaking months, with prices peaking at $6.23 per dozen in March. Prices Ease but Remain Elevated Retail egg prices in the United States dropped in April […]
Read moreMay 13, 2025 11:01 am
Key Moments: Tuesday witnessed Brent futures climb to $65.48 per barrel, extending gains for the fourth consecutive session. WTI crude reached $62.53 per barrel, also logging its fourth straight rise. OPEC output increased by 411,000 barrels per day in May, exceeding expectations since April. Crude Futures Extend Rally Amid Shifting Geopolitical Focus Oil markets advanced […]
Read moreMay 13, 2025 9:01 am
Spot Silver rose more than 1.5% on Tuesday, bouncing off a 1 1/2-week low of $31.88, as initial optimism regarding the US-China trade agreement has begun to fade. The white metal lost ground on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade […]
Read moreMay 13, 2025 7:13 am
Spot Gold rebounded from yesterday’s 1 1/2-week low of $3,207.79 on Tuesday, recouping part of Monday’s steep loss, on likely bargain buying. The yellow metal plummeted 2.7% on Monday, as a breakthrough in US-China trade relations bolstered investor risk appetite and dampened demand for safe-haven assets. During high-profile trade talks in Switzerland over the weekend, […]
Read moreMay 12, 2025 1:26 pm
Key Moments: US natgas futures declined 3.24% to $3.672/mmBtu on Monday. Storage levels rose to 2.15Tcf, exceeding the five-year average by 1.4%. Second consecutive triple-digit inventory increase raises supply concerns. Inventory Surge Weighs on Prices Natural gas futures managed to climb above $3.830/mmBtu on Monday before plummeting by 3.24% to $3.672/mmBtu. According to ING commodities […]
Read moreMay 12, 2025 10:43 am
Key Moments: Brent crude spot prices rose 2.65% to $66.34 per barrel, while WTI gained 2.92% to $63.065 per barrel on Monday. China and the US have agreed to lower reciprocal tariffs by 115% for a 90-day period. OPEC’s plans to increase output in May and June limited the extent of oil price gains. Tariff […]
Read more