#ZeeBusiness Trade Optimism, Supply Woes, and Fed Signals Shape Global Commodity Trends
Trade Optimism, Supply Woes, and Fed Signals Shape Global Commodity Trends
Gold prices hovered near three-week lows as easing trade tensions and anticipation of a Fed rate cut pressured the metal. Copper hit a record high on supply disruptions and trade optimism, while crude oil rebounded after three days of decline amid OPEC+ output concerns. Meanwhile, sugar prices continued their steep fall, touching multi-year lows due to oversupply from Brazil. From precious metals to energy and soft commodities, global markets remain volatile ahead of key policy and trade developments.
#GoldPrices #CopperRally #CrudeOilUpdate #SugarMarket #Commodities #FedRateCut #TradeDeal #OPECPlus #MarketNews #GlobalEconomy
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