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Global Commodity Market Wrap-Up
The metals market reflected mixed trends last week, amid weakening momentum and rising geopolitical concerns that kept investors cautious. Precious metals advanced on safe-haven demand, with gold gaining 0.63% and silver surging 5.04%. Industrial metals moved unevenly as copper declined 2.46%, lead dropped 2.25%, while zinc rose 0.84%, highlighting selective buying interest. As global economic uncertainty lingers and key central bank decisions approach, volatility in the metals space is likely to persist in the near term.
In the energy and agriculture markets, natural gas prices declined 1.47% due to supply pressures despite falling seasonal demand. Crude oil climbed 2.13% on concerns over trade tensions and OPEC’s production policy. U.S. sugar advanced 1.16%, defying broader agricultural softness. These divergent movements reflect ongoing supply-demand imbalances and sensitivity to economic and geopolitical developments. Traders remain alert to global cues and policy shifts that could shape price movements in the sessions ahead.
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