RY 169.51 -1.1719% SHOP 175.85 -3.2036% TD 85.4 -0.187% ENB 59.6 -1.715% BN 84.78 -1.4873% TRI 250.65 2.1186% CNQ 43.69 0.9007% CP 110.72 -0.5926% CNR 146.88 0.7891% BMO 142.84 -0.6054% BNS 72.34 -0.0829% CSU 4896.4902 0.1981% CM 87.07 -0.9668% MFC 45.08 6.5217% ATD 71.13 -0.6425% NGT 68.13 0.9932% TRP 64.42 -1.2872% SU 56.73 -0.0176% WCN 266.69 -0.146% L 176.74 -1.5157%
Global Commodity Market Wrap-Up
The metals market had a strong performance last week, with precious metals maintaining their upward momentum while base metals saw mixed results. Gold surged by 1.85%, reaching a new high, and silver climbed by 0.55%. Base metals also showed bullish trends, with copper rising by 3.88%, lead increasing by 2.11%, and zinc jumping by 3.45%. These movements reflect shifts in investor sentiment and varying demand across metal sectors. After a period of stability, the market entered a more volatile phase, with changing dynamics expected to impact prices shortly. The overall market outlook remains uncertain, influenced by evolving trends..
Last week, natural gas prices surged by 7.98%, driven by supply constraints and increased seasonal demand. Crude oil prices, on the other hand, dropped by 1.72%, as market uncertainty and changing investor sentiment weighed on prices. Meanwhile, U.S. sugar prices remained almost unchanged, rising by just 0.05%, in contrast to other agricultural commodities, which experienced declines. These movements reflect the ongoing effects of supply-demand dynamics, with investors adjusting their strategies amid global economic uncertainty. Both the energy and agricultural sectors are navigating a period of heightened volatility, influenced by supply disruptions and shifting demand patterns, which are expected to continue shaping price trends.
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