Technical momentum and softer US-China trade rhetoric drive silver to $87/oz, but overbought signals suggest near-term pullback risks. Silver prices surged to around $87–88 per ounce, breaking past the $83–84 resistance zone, driven by technical momentum and pre-positionin
Copper trades above $14,000/t due to supply-side risks Copper is trading above $14,000/t, close to its all-time high of $14,527.50, due to supply-side risks and tight refined markets. The metal's price is being driven by low inventories outside the US and ongoing disr
Excellon Resources (EXNRF) on Wednesday said its 75%-owned subsidiary Saxony Silver entered binding agreements for a non-brokered private placement expected to raise C$2.125M at a pre-money valuation of C$20.8M. - The financing will support exploration activities at the Silver...</stron
TD Securities strategists note Silver is maintaining its upside, trading resiliently despite higher energy prices. While recent CTA (Commodity Trading Advisors) buying has slowed, they see renewed interest from Chinese traders on SHFE (Shanghai Futures Exchange) and strong
Summer travel could be disrupted for millions of airline passengers as airlines pass on higher jet fuel prices onto air fares and cancel unprofitable routes, according to the global association Airports Council International. The surge in jet fuel prices as a result of the
Gold June (GC=F) futures opened at $4,722.30 this morning, up 0.8% from Tuesday’s closing price of $4,686.70. The price of gold fell 1.2% yesterday The price of gold as of 6:47 a.m. ET this morning was $4,711.70. Silver July (SI=F) futures opened at $87.32 per ounce
Silver is perking up, copper just hit a record, and gold is sitting out the move. Silver futures (SI=F) and copper futures (HG=F) have been rallying hand-in-hand lately, while gold futures (GC=F) have drifted lower The metals market is drawing a line between safe-ha
The USDA reduced its U.S. wheat production outlook for 2026 due to drought, sending Chicago futures to daily trading limits. Wheat futures on the Chicago Board of Trade reached their daily limit-up price after the U.S. Department of Agriculture slashed its 2026 domestic pr
Shell plans to sell its 60 French service stations Shell is selling its network of about 60 service stations in France. The company expects to find a buyer for its French service station network in the third quarter of this year. The sale is part of a strategic p
Independent refiners in Shandong reduce operating rates to 50% amid tanker disruptions and shrinking margins. Independent refiners in China’s Shandong province have slashed operating rates to 50%, down from 55% in April, as the Strait of Hormuz crisis disrupts crude flows
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