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• Comex Gold prices declined sharply by over 1.5% in the previous session, weighed down by stronger-than-expected U.S. economic data. In addition, the Federal Reserve’s decision to maintain interest rates, as widely anticipated, further dampened investor sentiment toward precious metals. Market participants now turn their attention to this week’s U.S. Non-Farm Payroll data, which is expected to play a pivotal role in shaping the short-term direction of the yellow metal. Any unexpected deviation in the data could significantly influence sentiment across the bullion segment
• Nymex Crude Oil extended its upward momentum for a third consecutive session, with prices settling above the $70 mark and climbing to a one-month high. The rally was supported by renewed concerns over potential U.S. sanctions on Russian crude, as well as optimism surrounding international trade agreements with the European Union and Japan. Additionally, a stronger-than-forecast rise in U.S. second-quarter GDP contributed to bullish undertones in the energy complex
• Comex Copper registered a steep decline of more than 20%, marking its largest single-day loss on record. The sell-off followed President Trump’s announcement to exclude refined copper from the upcoming tariff package set to take effect on Friday, triggering a sharp reversal in sentiment
• Nymex Natural Gas dropped more than 4% in the previous session, hitting a three-month low. The fall was driven by an increase in supply amid subdued near-term demand expectations. A forecast for cooler weather is likely to reduce power sector consumption for air conditioning, adding further pressure on prices

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