Commodities News

Silver Rally Extends as Tensions Lift Safe Haven Demand

Key Moments XAG/USD advances for a second day, trading near $76.00 per troy ounce during Asian hours on Monday. Read more

Silver Holds Near $75 As Technical Barriers Limit Upside

Key Moments Silver trades around $75.52 on Friday after touching an intraday low of $73.95, marking a weekly drop of over 5%. XAG/USD remains capped below the 50-day SMA at $78 and the 100-day SMA at $79, preserving a bearish near-term bias. Stronger USD, firm Treasury yields, and Oil-driven inflation concerns linked to US-Iran tensions […] Read more

Gold Struggles for Direction as Oil and Dollar Rise

Key Moments Spot gold was up 0.3% at $4,707.43 an ounce by 08:31 ET (12:31 GMT), while gold futures traded largely flat at $4,724.11. Over the past one-week period, spot gold prices declined 2.6% and gold futures fell 3.2%. Oil prices stayed above $100 a barrel and remained on track for their biggest weekly gain […] Read more

Wheat Futures Ease After Rally as Supply Outlook Shifts

Key Moments Wheat futures followed Thursday’s broad rally with mild weakness across KC HRW, Chicago SRW, and MPLS spring contracts early Friday. Weekly U.S. wheat export sales showed 129,022 MT of old-crop bookings, led by demand from Japan and Nigeria, while new-crop commitments totaled 8,000 MT. The International Grains Council raised projected global wheat ending […] Read more

Geopolitics and Tight Supply Lift Oil Prices

Key Moments: BNY’s Bob Savage highlights Brent crude’s sharp gains. He links them to Iran war disruptions in global oil and LNG supply. The International Energy Agency expects a tight global gas market. It should last at least two more years. It also projects a cumulative shortfall of around 120 billion cubic meters between 2026 […] Read more

European Gas Futures Rise as Hormuz Risks Mount

Key Moments Dutch TTF front-month natural gas futures were up 0.9% at 44.83 euros per megawatt hour by 06:37 ET (10:37 GMT). Tensions around the Strait of Hormuz and attacks on Persian Gulf production facilities have reduced European gas supply flows. Further price support could emerge from lower wind generation in Europe and an LNG […] Read more

Soaring LPG Costs Squeeze West Java Producers

Key Moments Salted fish producers in Subang, West Java have shifted from LPG to firewood to keep their businesses viable amid higher fuel costs. One producer reported that switching to firewood has reduced operating expenses by up to 50%, but at the cost of longer processing times and higher labor needs. In Jakarta, authorities increased […] Read more

Silver extends losses, eyes sizable weekly drop

Spot Silver extended losses on Friday and was on course for a weekly fall amid stalled US-Iran peace negotiations, while elevated oil prices kept inflation concerns alive. The Strait of Hormuz has remained largely closed despite the Iran ceasefire extension, which translated into tighter oil flows, keeping prices high. According to a Bloomberg report, the […] Read more

Brent Crude Extends Rally as Geopolitical Tensions Rise

Key Moments Brent crude settled at $106.09/bbl after gains of +3.10% yesterday and +0.97% overnight amid persistent US-Iran tensions. The 6-month Brent future advanced +2.34% to a 3-week peak of $86.74/bbl, reflecting expectations for extended high energy prices. US wholesale gasoline prices and short-dated Eurozone and US inflation swaps moved sharply higher, signaling mounting inflation […] Read more

Gold Slides Toward Two-Week Low as Dollar Strengthens

Key Moments Gold (XAU/USD) has been trading just above a two-week low near $4,658-$4,657, on track for its first weekly loss in five weeks. Escalating US-Iran tensions and renewed inflation concerns have boosted the US Dollar and Treasury yields, pressuring non-yielding gold. Technical signals, including a break below an ascending channel and sub-200-period EMA trading, […] Read more