#ZeeBusiness Commodity Market Update: Gold, Oil, Silver, Copper, Sugar & Palm Oil Surge

Commodity Market Update: Gold, Oil, Silver, Copper, Sugar & Palm Oil Surge
Global commodities saw sharp moves on Tuesday. Gold futures hit a new record at $3,578 per ounce as the dollar weakened and Fed rate cut bets rose. Silver hovered above $41, its highest since 2011. Oil surged on Ukraine-Russia tensions, while copper gained on strong Chinese demand. White sugar climbed past $500 per ton, supported by Brazil output trends. Palm oil futures rebounded above MYR 4,400 per tonne, lifted by stronger demand, weaker ringgit, and festive buying in India.

#GoldPrices #OilMarket #SilverRally #CopperDemand #SugarMarket #PalmOil #CommoditiesUpdate #GlobalMarkets #Investors #FedRateCut

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