RY 169.88 -1.0542% SHOP 144.59 -0.959% TD 77.85 -0.1667% ENB 59.62 -0.5505% BN 78.53 -0.971% TRI 223.92 -0.2495% CNQ 47.03 -0.0213% CP 102.49 -0.5627% CNR 147.77 -0.8787% BMO 131.32 -0.0685% BNS 78.4 0.0255% CSU 4463.7002 0.6222% CM 90.42 0.6344% MFC 44.91 -1.3184% ATD 77.0 -0.7604% NGT 60.01 -0.4149% TRP 68.0 -2.2989% SU 56.965 -0.4282% WCN 260.14 -0.653% L 176.45 0.7135%
Global Commodity Market Wrap-Up
Last week, the metals market experienced mixed performance, with precious and base metals both facing declines. Gold lost momentum after reaching its peak, falling 1.98%, while silver saw a sharper decline of 3.77%. Base metals also struggled, with copper down 1.58%, lead dropping 1.62%, and zinc falling 3.55%. This shift from the previous week’s stability indicates a move toward a more neutral market sentiment, reflecting evolving investor attitudes and differing demands across various metal categories.
Last week, natural gas prices saw a slight increase of 0.23%, driven by supply factors and seasonal demand patterns. Crude oil prices gained 1.28%, bolstered by ongoing market uncertainty and shifting investor sentiment. In contrast, the agricultural sector faced mixed outcomes, with U.S. sugar prices surging 3.67%, defying broader bearish trends in other agricultural commodities. This divergence across the energy and agricultural markets reflects varying supply and demand pressures, with investors adjusting to changing global conditions and economic uncertainty, signaling a cautious but dynamic market environment.
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