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Global Commodity Market Wrap-Up
The metals market posted mixed results last week, as weakening momentum and rising geopolitical tensions kept investors cautious. Precious metals showed modest safe-haven demand, with gold slipping 0.17% and silver declining 1.26%. Industrial metals moved in different directions, with copper gaining 1.24%, lead falling 0.68%, and zinc rising 3.36%, reflecting selective buying interest. The varied performance highlights ongoing uncertainty in the global economic outlook. With key central bank decisions ahead and geopolitical risks still elevated, metals markets are likely to experience continued volatility in the near term as traders remain watchful of further developments.
Natural gas prices rose 7.37% last week amid supply pressures, despite weaker seasonal demand. Crude oil declined 1.13% on worries over trade tensions and OPEC’s production strategy. U.S. sugar gained 1.16%, bucking the broader softness in agriculture. These mixed moves highlight persistent supply-demand imbalances and market sensitivity to economic and geopolitical signals. Traders remain focused on global developments and policy changes that may influence prices in the coming days.
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