Commodities

Key Takeaways: Prices hit multi-year peaks: LME aluminum breached $3,636 per metric ton, its highest level since March 2022, while Shanghai futures jumped 2.9%. Massive supply deficit looms: Analysts at JPMorgan Chase forecast a 1.9-million-ton shortfall this year—the largest since 2000—driven heavily by Middle Eastern production losses. Global inventories plunge: …

Key Takeaways: Gold nears one-month highs: Spot gold climbed 0.9% past $4,835 an ounce as a prolonged slide in the U.S. dollar reignited demand for precious metals. Dollar drops for a ninth consecutive session: The greenback hit a six-week low, pressured by soft producer inflation data and a revival in …

Iran has signaled a possible shift in its stance on the Strait of Hormuz, offering ships safe passage through the Omani side of the waterway if ongoing negotiations with Washington lead to a broader agreement. The proposal comes amid one of the largest disruptions to global oil and gas supplies …

Global oil prices, led by Brent crude, climbed on Wednesday as concerns over shrinking supply dominated market sentiment. The rally was driven by heightened uncertainty in the Middle East, particularly around the Strait of Hormuz, a vital passage for nearly 20% of global oil shipments. US crude futures for May …

Gold is trading within a tight range with a mild downward bias, as investors weigh a complex mix of geopolitical developments and monetary policy expectations. While tensions in the Middle East remain elevated, improving sentiment around potential renewed talks between Donald Trump and Iran has helped ease immediate safe-haven demand.Expectations …

Gold prices pulled back slightly Wednesday from recent highs as market participants assessed the likelihood of U.S.-Iran ceasefire negotiations before a fragile truce expires next week. Spot gold declined 0.6% to $4,815.17 per ounce, while gold futures fell 0.3% to $4,838.40 per ounce by 02:23 ET. The pullback followed a …

Gold and silver continued to push higher in today’s trading session, maintaining strong momentum despite ongoing market fluctuations and uncertainty across global financial conditions. Both metals attracted renewed buying interest, reinforcing their role as key safe-haven assets in the current environment.Gold Advances Toward New Intraday HighsGold (XAUUSD) recorded another strong …

Oil prices declined in Asian trading Tuesday as investors weighed geopolitical risks against emerging signals of potential diplomatic breakthroughs. The U.S. blockade of Iranian ports, initiated to compel Tehran toward a lasting settlement, created competing pressures in the market. Brent crude futures dropped 1.3% to $98.04 per barrel, while West …

Beyond Oil: A Wider Shockwave The Strait of Hormuz has long been the world’s most critical energy artery, but the current conflict in the Middle East has revealed a deeper vulnerability. With shipping routes disrupted and infrastructure damaged, the crisis is not only driving oil and gas prices higher—it’s also …

As inflation returns to the spotlight and markets reprice involved risk, gold opened the week under mild selling pressure as rising oil prices reignited concerns that inflation may stay elevated for longer than previously expected. The renewed energy-cost shock is shifting market sentiment, with traders increasingly cautious about how long …