Commodities News

Silver Slips as Fed Outlook Shapes Next Move

Key Moments XAG/USD slips about 1% to near $61.80 after a four-session advance. Read more

Gold Retreats as Stronger Dollar Weighs on Prices

Key Moments Gold (XAU/USD) retreats from above $4,200 after a three-day advance, as safe-haven demand lifts the US Dollar amid Strait of Hormuz tensions. Reduced expectations for further Federal Reserve rate hikes and ongoing central bank purchases help cushion downside in the Gold price. Technical signals on the 4-hour chart continue to favor buyers, with […] Read more

Gold Rebounds as Soft U.S. Jobs Data Eases Rate Hike Bets

Key Moments Spot gold climbed 1.1% to $4,170.99 an ounce, putting it on course for its first weekly advance in five weeks. Weaker-than-expected U.S. nonfarm payrolls data eased expectations of a Federal Reserve rate hike and pressured the U.S. dollar. OCBC cut its gold and silver price forecasts this week, even as analysts turned “cautiously […] Read more

Crude Oil Extends Slide as Hormuz Flows Normalize

Key Moments Brent crude traded at $71.79 a barrel and WTI at $68.50, with both benchmarks holding near levels last seen before the Iran war. Citigroup projected Brent could fall to $60 a barrel by year-end, citing normalizing shipping, softer Chinese demand, and weaker-than-expected inventory draws. The six-month Brent spread moved into contango, signaling an […] Read more

QatarEnergy LNG Fleet Resumes Hormuz Transit Operations

Key Moments QatarEnergy-controlled Q-Flex LNG carrier Al Shamal has transited the Strait of Hormuz in ballast, ending an apparent week-long pause in such passages. LNG carriers have been clustering in the Middle East Gulf and the Arabian Sea off India and Pakistan as they wait to load cargoes. Edison reported that QatarEnergy has extended force […] Read more

Aluminum Pulls Back as Gulf Output Gradually Returns

Key Moments LME aluminum three-month price moved down toward $3,000/t as the earlier geopolitical risk premium was unwound. Emirates Global Aluminium reported that about 7% of production pots at the Al Taweelah smelter have been restarted. The restart progress supported expectations that Gulf-related supply disruptions are temporary and that lost output will return over time. […] Read more

Livestock Futures Weaken in Thin Trade Ahead of Holiday

Key Moments August live cattle on CME settled at 239.225 cents per pound, down 2.60 cents, while October cattle closed at 234.300 cents, off 2.425 cents. USDA reported beef packer losses of $295.20 per head, deepening from $280.25 per head the previous day as margins stayed heavily negative. August lean hog futures gained 1.700 cents […] Read more

WTI Crude Holds Near $68 as Sellers Dominate Market

Key Moments WTI briefly climbed toward $69.25 before attracting new selling interest and slipping back toward the mid-$68.00s. Prices remain below the 200-day Simple Moving Average and the 61.8% Fibonacci retracement of the December 2025-March 2026 advance, preserving a bearish near-term structure. The Relative Strength Index hovers around 29 in oversold territory, while the MACD […] Read more

Energy Metals Reprice as Supply Risks Ease Gold RisesUp

Key Moments: ICE Brent prices move closer to $70/bbl as Strait of Hormuz oil flows normalize and the front of the curve slips into contango. LME three-month aluminium prices retreat toward $3,000/t following an update that around 7% of production pots at EGA’s Al Taweelah smelter have been restarted. Gold advances after weaker US jobs […] Read more

Gold Extends Three-Day Rally as Softer Fed Weighs on Dollar

Key Moments Gold (XAU/USD) advanced for a third straight session and approached a one-and-a-half-week high, staying on course for its first weekly gain in five weeks. Weaker-than-expected US Nonfarm Payrolls and a downward revision to prior jobs data dampened expectations for Fed rate hikes in 2026, pressuring the US Dollar. Geopolitical tensions around US-Iran dynamics […] Read more