RY 172.7 -0.1792% SHOP 152.38 -3.7762% TD 74.49 -0.4144% ENB 58.66 0.2906% BN 80.21 0.2124% TRI 235.76 -0.7034% CNQ 42.27 -1.3305% CP 102.81 -2.4851% CNR 145.02 -0.9426% BMO 139.15 0.5855% BNS 77.045 -0.149% CSU 4497.2998 0.6756% CM 92.23 -0.335% MFC 43.28 0.8858% ATD 79.0 -1.1882% NGT 53.35 -1.8038% TRP 65.26 0.215% SU 49.61 -1.411% WCN 251.65 -0.2181% L 191.14 0.1205%
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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