January 29, 2026 10:20 am
Key Moments India’s top LNG importer said Asian spot prices must drop from $11 to $6-$7/MMBtu to boost demand. India is expected to import around 29 million tons of LNG this year, but a 15% gas share in the energy mix would require about 100 million tons of capacity. Price-sensitive Indian buyers have delayed long-term […]
Read moreJanuary 29, 2026 9:40 am
Key Moments Silver touched a new all-time high of $120.46 per troy ounce before easing to around $116.60 during European trading on Thursday. Heightened geopolitical tensions, U.S. political uncertainty, and questions over Federal Reserve independence have supported safe-haven demand. Investor interest in precious metals has stayed firm as U.S. Dollar strength fades, even as the […]
Read moreJanuary 29, 2026 8:20 am
Key Moments Copper prices on the Shanghai Futures Exchange and London Metal Exchange both hit all-time highs during Thursday’s session. Investor demand for physical assets intensified amid geopolitical risks and a weak U.S. dollar, following record-setting moves in gold and silver. The rally in copper and other base metals occurred even as indicators of Chinese […]
Read moreJanuary 29, 2026 8:12 am
Spot Gold extended its rally to a new record high above $5,550/oz. on Thursday amid continued US Dollar weakness, persistent geopolitical tensions and broader economic uncertainty. The US Dollar continued to weaken amid an incoherent US trade policy and tariffs approach along with an erratic and uncertain geopolitical policy administration. US President Donald Trump brushed […]
Read moreJanuary 28, 2026 2:55 pm
Key Moments Copper on the London Metal Exchange rose 0.6% to $13,087 a metric ton in official open-outcry trading. Aluminium and zinc touched their highest levels since April 2022 and January 2023, respectively, as the metals rally broadened. The cash LME copper contract traded at a $90 a ton discount to the three-month forward while […]
Read moreJanuary 28, 2026 2:22 pm
Key Moments XAG/USD is trading near $113.7 after climbing more than 30% in two weeks and almost 60% so far this month. Citi has raised its 0-3 month silver price forecast to $150 per ounce, up from a prior $100 target. Despite falling ETF holdings and lighter speculative futures positions, strong physical buying – especially […]
Read moreJanuary 28, 2026 2:07 pm
Key Moments Brent crude reached $67.95 a barrel and U.S. WTI $62.76, both trading at their highest levels since late September. Weakness in the U.S. dollar and weather-related supply disruptions in the United States and Kazakhstan supported prices. OPEC+ is expected to maintain its pause on output increases for March, while U.S. sanctions relief for […]
Read moreJanuary 28, 2026 7:33 am
Key Moments Spot gold climbed to a new record of $5,266.38/oz, while April futures touched $5,297.86/oz. Silver and platinum prices rose, with spot silver up 2.8% to $115.25/oz and spot platinum increasing 1.3% to $2,688.23/oz. Markets widely expected the Federal Reserve to hold rates at 3.75%, while investors looked to Chair Jerome Powell for signals […]
Read moreJanuary 27, 2026 3:14 pm
Spot Silver held in proximity to an all-time high of $117.69/oz. on Tuesday amid persistent geopolitical tensions, a crisis of confidence in the US administration and broader economic uncertainty. Last week, US President Donald Trump backed away from threats to impose tariffs as leverage to take control of Greenland. But, this past weekend, the US […]
Read moreJanuary 27, 2026 3:07 pm
Key Moments Deutsche Bank expects copper to stay in an incentive price range, supported by tight mine supply and electrification demand. The bank projects a quarterly peak near $13,000/t in Q2, then a gradual decline as mine output recovers. Potential US tariffs on refined copper may shift flows and add volatility later in the year. […]
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