RY 178.27 -0.724% SHOP 167.55 4.6664% TD 73.51 -0.689% ENB 61.05 -0.9411% BN 84.64 0.4748% TRI 241.65 1.8546% CNQ 45.66 -2.1012% CP 106.61 -0.4854% CNR 151.37 -1.2912% BMO 146.32 4.7162% BNS 78.94 0.8302% CSU 4698.6602 -0.2014% CM 94.35 0.8659% MFC 45.81 0.2626% ATD 81.38 -0.2085% NGT 58.19 1.1472% TRP 68.29 -0.5823% SU 54.31 -1.1647% WCN 269.35 0.8688% L 191.71 -0.5499%
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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