Global Commodity Market Wrap-Up

The metals market showed signs of cooling last week as earlier momentum faded amid rising geopolitical tensions and ongoing global economic uncertainty. Investors turned cautious, leading to profit-taking in precious metals gold fell 1.94% and silver dropped 0.92%. In the industrial segment, copper edged up 0.07%, zinc rose 0.22%, and lead gained 0.01%, reflecting mixed sentiment. The overall movement indicates a shift in investor positioning, balancing risk aversion with selective interest in cyclical assets. Markets remain focused on upcoming central bank decisions and continued concerns over the broader economic outlook and regional geopolitical developments.

Natural gas prices jumped 7.25% last week amid supply concerns despite easing seasonal demand. Crude oil rose 3.58%, extending its rally on heightened Middle East tensions and tighter supply expectations. In contrast, U.S. sugar prices held steady at 0.00%, defying broader agricultural trends. These varied moves highlight ongoing supply-demand imbalances and the commodities market’s sensitivity to geopolitical risks and economic shifts, keeping volatility elevated across the energy and agricultural segments.

Global commodity prices extended their bullish trend last week, underpinned by improving sentiment despite persistent macroeconomic and geopolitical headwinds. Precious metals hovered near key resistance levels, indicating consolidation as investors reassessed risk appetite. Crude oil continued its upward momentum, driven by hopes of recovery and a tightening supply outlook, while natural gas traded with high volatility within a broad range. Agricultural commodities remained steady, supported by firm demand and favorable sector-specific fundamentals. Overall, markets reflected a cautiously optimistic stance, with participants selectively positioning ahead of key economic data releases and central bank policy signals, keeping a close eye on global developments.