April 8, 2025 1:21 pm
Key moments LME copper went up almost 1% on Tuesday, bringing its price close to $8,800 per metric ton. COMEX copper futures also went up, rising by 2.08% to $4.2730. The recent price volatility in copper markets can be largely traced back to the trade tensions that have gripped global markets. Tuesday Witnesses Copper Futures […]
Read moreApril 8, 2025 9:01 am
Spot Silver rebounded from a 7-month low of $28.37 per troy ounce, while steading above the $30.00 mark, amid shifting global trade dynamics. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism over a potential easing of trade tensions. US Treasury Secretary Scott […]
Read moreApril 8, 2025 7:09 am
Spot Gold rebounded from a 3 1/2-week low of $2,956.56 per troy ounce on Tuesday, while reclaiming the $3,000 mark, as concerns over an escalating global trade war continued to underpin safe haven assets. Yesterday US President Trump ramped up tariff threats against China, while the European Union outlined plans for retaliatory levies. “Escalation of […]
Read moreApril 7, 2025 1:56 pm
Key moments US natgas futures managed to climb above the $3.80 threshold. West Texas Intermediate futures experienced a marked decrease on Monday, reaching $60.86 after a 1.82% fall. Brent also saw a substantial decline, dropping by 1.69% to $64.47. Recession Fears Weigh Heavily on Crude Oil, Natural Gas Demonstrates Resilience United States natural gas futures […]
Read moreApril 7, 2025 8:49 am
Spot Silver registered its lowest price level since September 11th 2024 on Monday, at $28.37 per troy ounce, in a volatile trade, as market players continued to assess the impact of an escalating trade war on the global economy. Silver has lost more than 15% over the past three trading days alone amid a broader […]
Read moreApril 7, 2025 7:03 am
Spot Gold registered its lowest price level since March 13th on Monday, at $2,970.21 per troy ounce, amid a broader market sell-off, as market players likely sold bullion to realize profits and cover losses or margin calls on other trades. The yellow metal retreated over 2.5% on Friday after China’s retaliatory move to US tariffs. […]
Read moreApril 4, 2025 2:32 pm
Key moments Brent crude futures saw a sharp decrease of 7.44% on Friday. WTI crude futures sank 8.13%, with the price reaching $61.51. Oil prices were affected by the recent decision of OPEC+ to hasten supply growth along with China’s new tariffs on US imports. Crude Oil Futures in Freefall as Market Turmoil Mounts Brent […]
Read moreApril 4, 2025 9:01 am
Spot Silver hovered above a fresh one-month low of $31.16 on Friday, since global trade concerns led to a broad sell-off across market segments. That followed the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […]
Read moreApril 4, 2025 6:58 am
Spot Gold pulled back from yesterday’s record high, but was set to register its fifth straight week of gains, as market players reassessed risk outlook following the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […]
Read moreApril 3, 2025 1:55 pm
Key moments Brent crude futures plummeted near $70 on Thursday after a 6.40% fall. West Texas Intermediate crude futures dropped as well, reaching $66.70. OPEC+ opted to increase oil production for May, setting the output target at 411,000 barrels per day. The supply increase discouraged investors, with sentiments also dampened by the Trump administration’s latest […]
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