MSFT 417.14 0.9731% AAPL 229.0 -0.3438% NVDA 119.37 1.5137% GOOGL 163.38 0.989% GOOG 165.11 1.0465% AMZN 178.5 3.7067% META 521.31 0.5963% AVGO 162.82 3.7533% TSLA 214.11 3.7958% TSM 171.7 1.5075% LLY 960.02 2.1081% V 276.37 0.7473% JPM 224.8 1.1656% UNH 590.2 -0.2316% NVO 139.16 1.1926% WMT 77.23 1.0599% LVMUY 149.005 -0.3844% XOM 117.94 -0.1608% LVMHF 745.0 -0.4011% MA 483.34 0.5283%
Global Commodity Market Wrap-Up
Last week, metal prices maintained their upward momentum after a period of significant profit-taking. Gold demonstrated resilience, achieving a notable gain of 2.48%, while silver surged more prominently by 7.20%. Base metals followed this reversal trend, with copper rising by 3.42% and zinc by 2.10%. Lead, however, diverged slightly from this pattern with a minor increase of 0.15%. This contrasting movement, diverging from the previous week's rising prices, indicates a bullish momentum and underscores investor confidence and optimism in the metals market.
Last week, Natural Gas prices experienced a significant correction, marking a notable loss of -9.55% from their recent upward momentum. This correction signifies a substantial shift in market sentiment and possibly reflects adjustments in supply dynamics or seasonal factors affecting demand. In contrast, Crude Oil prices recorded a notable increase of 1.99%, signaling growing confidence in the market. Furthermore, US Sugar witnessed a minor loss of -0.84%, bolstering negative momentum in agricultural commodities.
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