CPER

Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat

Commodities Energy Commodity Roundup: Citi projects gold to hit $3,000/oz amid geopolitical heat. Gold prices clocked another record-high settlement of $2,383/oz on Monday. Citi expects gold prices to hit a record high over the next 6–18 months.

Weekly Report: what happened at CPER last week (0408-0412)?

Commodity Roundup: Israel-Iran conflict adds to gold's safe-haven appeal

Gold prices hit a record high of $2,431.29 per ounce on Monday. Tensions in the Middle East add to safe-haven demand for gold. London Metal Exchange bans delivery of new Russian metal. Brent crude oil prices fall more than 1% to below $90 a barrel.

Commodity Roundup: Gold clinches record high again, set for fourth-weekly rise

Gold clinches record high again, set for fourth-weekly rise. Spot gold climbs to a record of $2,400.73 an ounce. Crude oil prices were trading higher, but are on track to break a streak of four-straight weekly gains. OPEC cut its demand growth forecast for 2024 and 2025.

Tighter Fundamentals And Geopolitics Are Pushing Commodities Higher

Home Market Outlook Commodities Tighter Fundamentals And Geopolitics Are Pushing Commodity Prices Higher. Oil market tightens as geopolitical risks grow. Europe exits winter with record natural gas storage. Copper is trading at its highest since the middle of 2022.

Copper price forecast raised to $9,200/tonne at BMI on tight supply, China optimism

Copper price forecast raised to $9,200/tonne at BMI on tight supply, China optimism. Copper prices fell on Thursday, weighed down by a stronger dollar, after rising to their highest level since January 2023. The metal was trading 0.4% lower at $4.27 per pound on Thursday. BMI raised its 2024 average annual copper price forecast from $8,800 to $ 9,200.

Gold's record rally sparks 'FOMO' among precious metal traders and investors - Saxo Bank

Gold prices ease slightly on Wednesday after extended record run fuelled by safe-haven bids amid geopolitical risks. Spot gold down 0.3% to $2,347.06, after hitting a record high of $2,.365.09 in the previous session. The metal has gained about 14% YTD.

Copper climbs to 15-month high; Citi says entering new bull market phase

Commodities Copper climbs to 15-month high; Citi says entering new bull market phase. Copper futures rose to their highest since January 2023. LME data show inventories rose by the most since September. Copper has entered its second secular bull market this century.