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GOLD 

• Comex Gold snapped its four-day winning streak in the previous session as investors booked profits near the multi-week high of $3,390. The metal settled marginally lower by 0.4%, closing around $3,368, following a sharp $100 rally amid a cautious return of risk sentiment. Despite the pullback, the broader trend remains constructive, supported by a weaker dollar index and rising economic uncertainty
• Nymex Crude Oil extended its losing streak to a fifth consecutive session. Concerns over a global economic slowdown, coupled with an expected increase in output from OPEC+, continued to weigh on market sentiment. Prices declined to a six-week low amid uncertainty surrounding potential sanctions on Russia. Market participants are closely monitoring developments for clarity on the timing and scope of any sanctions or tariffs, as well as their potential impact on global supply dynamics
• Comex Copper ended the session with modest gains of 0.7%, buoyed by a weaker dollar and supply concerns after Chile’s El Teniente mine suspended operations due to a tunnel collapse, raising fears of near-term disruptions
• Nymex Natural Gas prices rose for the second straight session, gaining nearly 3% amid lower production levels, robust LNG export activity, and continued heatwave conditions across large parts of the U.S., which lifted demand expectations. 

SILVER

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