Global Commodity Market Wrap-Up
Last week, the metals market demonstrated strong gains. Gold increased by 3.41%, showing notable resilience, while silver surged by 10.24%. Base metals also performed well, with copper rising 3.73%, zinc climbing 7.11%, and lead advancing 4.27%. This marked contrast to the prior week’s stability underscores a shift toward more bullish market sentiment.
Last week, natural gas prices dropped by 0.31%, reflecting a shift in market sentiment that may be due to changes in supply dynamics or seasonal demand. Conversely, crude oil prices rose by 1.15%, suggesting robust market confidence. In the agricultural sector, U.S. sugar prices increased by 0.73%, adding to the mixed performance observed across various commodities.
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