RY 173.64 -0.3672% SHOP 148.58 -0.6486% TD 82.36 -0.9263% ENB 64.21 -0.2641% BN 83.24 -1.0579% TRI 230.54 0.013% CNQ 46.58 3.4881% CP 109.8 1.4131% CNR 148.11 0.8031% BMO 143.82 0.3489% BNS 73.94 0.5029% CSU 4345.0 -1.0785% CM 90.555 -0.1158% MFC 44.31 0.113% ATD 76.82 0.0521% NGT 60.2 -0.1327% TRP 69.31 1.0939% SU 56.975 0.9658% WCN 255.98 -0.7868% L 181.13 -0.1268%
Global Commodity Market Wrap-Up
Last week, the metals market experienced a pronounced bearish trend. Gold showed some resilience with a modest gain of 1.78%, while silver also saw an increase of 1.33%. However, base metals generally fell, with copper down by 0.75% and zinc decreasing by 0.87%. Lead, on the other hand, experienced a more significant drop of 2.70%. This varied performance contrasts sharply with the stability observed in the previous week, reflecting a shift towards a bearish sentiment.
Last week, Natural Gas prices saw a notable downturn, marking a significant loss of -4.40%. 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 -4.49%, indicating evolving market confidence. Additionally, US Sugar experienced a notable decline of -2.30%, contributing to negative momentum in agricultural commodities.
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