December 12, 2025 8:14 am
Spot Gold extended gains to a fresh 7 1/2-week high of $4,293.09/oz. on Friday, underpinned by expectations of further policy easing by the Federal Reserve. New signs of US labor market softness only added to prospects of two Fed interest rate cuts next year. US initial jobless claims rose by 44,000 to 236,000 during the […]
Read moreDecember 11, 2025 10:51 am
Key Moments The International Energy Agency raised its global oil demand outlook for 2025 and 2026 while lowering its supply growth projections. World oil supply declined by 610,000 b/d in November, with OPEC+ responsible for more than three-quarters of the drop. The IEA now estimates a 3.815 million b/d supply surplus in 2026, still a […]
Read moreDecember 11, 2025 8:29 am
Key Moments Spot gold declined 0.5% to $4,207.49 per ounce, even as March gold futures inched up 0.3% to $4,235.50/oz. Spot silver eased to $61.8095/oz after touching a record high of $62.8895/oz earlier in the session. The Federal Reserve cut rates by 25 basis points and announced Treasury bill purchases of $40 billion per month, […]
Read moreDecember 11, 2025 8:22 am
Spot Gold extended gains on Thursday, as the Federal Reserve delivered a largely anticipated rate cut. Yet, the central bank noted it would wait for clearer signs on a cooling job market and inflation, which “remains somewhat elevated”. The Fed lowered its federal funds rate target range by 25 basis points to 3.50%-3.75% at its […]
Read moreDecember 11, 2025 7:28 am
Key Moments Brent February futures traded at $62.44 per barrel and WTI at $58.78 per barrel, up 0.4% and 0.5% respectively as of 21:38 ET (02:38 GMT). U.S. commercial crude inventories fell by 1.812 million barrels, surpassing expectations for a 1.1 million barrel draw, while gasoline and distillate stocks increased. The Federal Reserve cut its […]
Read moreDecember 10, 2025 1:06 pm
Key Moments Silver traded near $62 per ounce on Wednesday, up from about $50 in late November and roughly $30 at the start of the year. Investors positioned for potential Federal Reserve rate cuts and a possible leadership change, with candidates seen favoring more aggressive easing than Jerome Powell. Silver’s inclusion on the 2025 Critical […]
Read moreDecember 10, 2025 11:24 am
Key Moments Copper on the Shanghai Futures Exchange slipped 0.37% to 91,720 yuan a metric ton as of 0315 GMT, while London Metal Exchange three-month copper rose 0.67% to $11,564 a ton. Investors scaled back positions ahead of the U.S. Federal Reserve’s policy decision, with expectations of a “hawkish cut” in December amid persistent inflation […]
Read moreDecember 10, 2025 7:59 am
Spot Silver scaled a fresh record high of $61.61/oz. on Wednesday, as investors braced for the outcome of the Federal Reserve’s two-day policy meeting. The Fed is widely expected to lower its federal funds rate target range by 25 basis points to 3.50%-3.75% at its December meeting. The Federal Reserve cut interest rates by 25 […]
Read moreDecember 10, 2025 7:31 am
Key Moments Spot gold in Asian trading edged up 0.1% to $4,211.24 per ounce, with March futures also adding 0.1% to $4,239.60/oz. Spot silver climbed to a record $62.018/oz after gaining over 100% so far in 2025, supported by supply concerns and safe haven interest. Markets broadly anticipated a 25-basis-point Federal Reserve rate cut, even […]
Read moreDecember 9, 2025 2:57 pm
Key Moments China’s steel shipments rose 6.7% in the first 11 months of 2025 to 107.72 million tonnes, as mills pushed exports while domestic construction demand remained weak. In contrast, refined aluminium exports fell 9.2% to 5.59 million tonnes over the same period, amid stronger local manufacturing and energy demand. Beijing’s informal production ceilings — […]
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