RY 174.21 0.4845% TD 77.21 -0.3099% SHOP 113.1 0.5155% CNR 157.51 -1.1299% ENB 57.59 0.1565% CP 112.08 -0.5678% BMO 129.49 0.3332% TRI 232.87 0.7921% CNQ 49.045 1.1654% BN 76.23 1.3023% ATD 73.74 -0.6066% CSU 4426.6099 0.3812% BNS 73.69 -0.1896% CM 86.29 0.4657% SU 53.56 0.7714% TRP 65.64 0.845% NGT 78.23 1.1246% WCN 250.66 0.2239% MFC 42.08 -0.1898% BCE 46.14 0.2172%
Global Commodity Market Wrap-Up
Last week, metal prices faced significant bearish momentum across the board. Gold showed resilience with a moderate loss of -0.89%, while silver experienced a more pronounced decline of -5.98%. Base metals followed suit with copper falling by -5.75% and zinc by -5.78%. Lead diverged slightly with a smaller decrease of -2.85%. This varied movement contrasts sharply with the stable prices observed in the previous week, indicating a shift towards bearish sentiment. Despite this, the overall outlook for the metals market remains influenced by investor confidence and optimism, suggesting potential for recovery and renewed bullish momentum in the future.
Last week, Natural Gas prices saw a notable downturn, marking a significant loss of -8.63% from their recent upward trend. This decline reflects a shift in market sentiment, possibly influenced by adjustments in supply dynamics or seasonal demand factors. In contrast, Crude Oil prices also decreased significantly by -2.94%, indicating evolving market confidence. Additionally, US Sugar experienced a notable decline of -2.98%, contributing to negative momentum in agricultural commodities.
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