Keywords: Commodities
UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning......
Gold prices continued to retreat on Friday as investors moved to lock in profits following the precious metal’s sharp rally earlier in the week. After reaching unprecedented levels, the market shifted into correction mode, triggering a notable pullback. In early trading, the price of gold dropped......
Silver prices have soared to record highs near $90 an ounce, fueled by a nearly 200% surge over the past year, driven largely by robust industrial demand from solar panels, electric vehicles, and AI data centers. However, a stark analysis from Neo Wealth Management cautions that this rally faces severe......
Silver surged past $90 per ounce for the first time on January 13 and 14, capping a stunning rally that has lifted the white metal nearly 200% since January 2025 and outpaced gold in what analysts call a structural revaluation driven by supply shortages and booming industrial demand. Spot silver touched......
Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......
Oil prices have dropped to their lowest level in nearly four years, with Brent trading around 61 dollars a barrel on 6 January 2026, capping a historic slide driven by one of the largest supply surpluses in two decades. The December 2025 monthly average of 63 dollars a barrel was the weakest since early......
The prices of silver, platinum, and palladium plummeted on December 30, marking a tumultuous conclusion to a year characterized by extraordinary highs for these precious metals. Investors capitalized on their gains amid a volatile environment, significantly reducing their positions after seeing remarkable......
Türkiye’s main stock index began the week with little movement, opening Monday’s session at 10,898.10 points, a marginal decline of 0.01% compared to the previous close. The slight dip follows Friday’s 0.43% drop, which saw the BIST 100 halt trading at 10,898.70......
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