Global Commodity Market Wrap-Up

Global commodity markets turned mixed last week, with gold increasing 0.36%, silver advancing 3.01%, while copper increased 2.16%, lead advanced 1.66% and zinc gained 1.40%. Precious base metals recorded gains during the week, while markets continued to assess Federal Reserve policy, Treasury yields, inflation expectations and currency movements. The broader commodity market remained mixed as investors monitored global economic conditions, industrial demand expectations and developments across major commodity-producing regions.

Natural gas declined 2.13%, while Light Sweet Crude Oil surged 0.68% as markets assessed developments around the Middle East and the Strait of Hormuz. Oil prices remained sensitive to supply concerns, while diplomatic efforts continued to influence expectations around regional disruptions. In agriculture, soybean increased 0.54%, corn declined 0.52%, while US Sugar No. 11 fell 4.65%. Markets will also monitor upcoming U.S. New Home Sales and Initial Jobless Claims for further economic signals and market direction across global commodities markets.

Past performance is not a reliable indicator of future performance.