January 23, 2026 7:45 am
Key Moments Brent March futures rose 0.9% to $64.62 a barrel, while WTI gained 0.9% to $59.89 in Asian trading. President Donald Trump warned that a U.S. naval “armada” was moving toward Iran, raising fears of supply disruptions. Crude prices remained on track for a fifth straight weekly gain, supported by stronger demand hopes and […]
Read moreJanuary 23, 2026 7:14 am
Key Moments Spot gold hit a record $4,967.48 per ounce in Asian trading. Futures briefly moved above that level. Silver and platinum also touched record highs. Spot silver neared $100, while platinum climbed toward $2,700 per ounce. Safe-haven demand strengthened after President Donald Trump said a U.S. naval “armada” was heading toward Iran. Gold Advances […]
Read moreJanuary 22, 2026 2:21 pm
Key Moments UBS now sees platinum reaching $2,500 per ounce after prices doubled in seven months to record highs. The bank attributes the rally mainly to strong investment demand and tight physical supply. UBS warns that platinum’s small market size could keep price volatility elevated. UBS Boosts Platinum Price Target UBS has raised its platinum […]
Read moreJanuary 22, 2026 10:43 am
Key Moments The Kuala Lumpur rubber market closed lower on Thursday amid mixed regional futures. Sentiment weakened as crude oil prices moved unevenly and the ringgit strengthened versus the dollar. SMR 20 slipped to 742.5 sen per kg at 3 pm, while latex-in-bulk held at 576 sen. Market Overview By Fatin Umairah Abdul Hamid The […]
Read moreJanuary 22, 2026 8:42 am
Key Moments Silver trades near $94.20 per troy ounce after rebounding from two days of losses. XAG/USD stays above the rising nine-day and 50-day EMAs, keeping the bullish trend intact. The 14-day RSI sits at 70.99, suggesting overbought conditions and a possible pullback. Price Action and Technical Structure Silver (XAG/USD) has recovered after two days […]
Read moreJanuary 22, 2026 8:19 am
Key Moments WTI trades near $60.60 in early European hours on Thursday, holding above $60.50. US President Donald Trump said he would delay tariffs on Europe over Greenland, boosting risk sentiment. However, oversupply worries remain as the IEA expects supply to exceed demand, and US crude inventories rose about 3 million barrels. Price Action and […]
Read moreJanuary 22, 2026 8:02 am
Spot Gold pulled back from a record high of $4,887.82/oz. on Thursday, as geopolitical tensions eased after US President Donald Trump backed away from threats to impose tariffs as leverage to take control of Greenland. Trump also ruled out the use of force and said a “framework of a future deal” over Greenland had been […]
Read moreJanuary 22, 2026 7:40 am
Key Moments Front-month Henry Hub futures jumped 25% yesterday. As a result, prices are up more than 50% this week amid a severe U.S. cold spell. U.S. natural gas storage stood at 3.19Tcf as of 9 January. This is 1% above last year and 3.4% above the five-year average. Meanwhile, European TTF prices rose over […]
Read moreJanuary 22, 2026 7:08 am
Key Moments Goldman Sachs raised its year-end gold price target to $US5400 per ounce from $US4900. The bank highlighted growing private sector diversification into gold as a primary driver of the new forecast. Gold recently traded around $US4783 per ounce after hitting a record high of $US4888 per ounce on Wednesday. Forecast Upgrade and Rationale […]
Read moreJanuary 21, 2026 2:06 pm
Key Moments SHFE aluminium 2602 trended higher intraday, while SMM A00 aluminium settled at RMB 23,710 per tonne, up RMB 30 from the previous trading day. East and Central China sentiment indices for both buyers and sellers showed modest month-on-month gains, though overall trading interest stayed subdued. Aluminium ingot stocks in major consuming regions fell […]
Read more