Metals

NEWS DESK

COT update: Dollar bulls retreat as metals attract fresh demand – Saxo Bank

News Desk 10/08/2026

Yen rebound hits dollar longs The latest reporting week to 4 August, covers a period in which the dollar’s recent advance came to an abrupt halt after late-July intervention by the BOJ and Fed helped support the Japanese yen. By the end of the reporting week last Tuesday, the dollar index had

NEWS DESK

From liquidation to consolidation: precious metals seek a floor – Saxo Bank

News Desk 06/07/2026

Precious metals are attempting to establish a floor after several months of heavy liquidation, technical damage and rapidly shifting macro narratives. Gold’s rebound towards USD 4,200, silver’s recovery back above USD 60 and renewed interest in platinum all suggest that hard-asset demand has not disappeared. However, the sector has moved from being aggressively bid to […]

NEWS DESK

COT update: Crowded positioning across assets raises the risk of countertrends- Saxo Bank

News Desk 29/06/2026

Our weekly Commitment of Traders update, based on data published by the CFTC and ICE Europe, highlights hedge fund and other speculative futures positioning across commodities, foreign exchange, and rates during the week ending Tuesday, 23 June. The latest report shows investors becoming increasingly committed to one dominant macro narrative. Inflation concerns,

NEWS DESK

Metals struggle as markets price peak hawkishness, not peak demand – Saxo Bank

News Desk 23/06/2026

Industrial and precious metals remain on the defensive as financial markets continue to adjust to the prospect of higher funding costs and a more restrictive US monetary policy outlook. The latest wave of selling has been amplified by a sharp correction across technology stocks, with today’s 10% tumble in the tech-heavy KOSPI index and the […]

NEWS DESK

COT update: dollar buying eases; grains in demand; metals slump attracts muted response – Saxo Bank

News Desk 31/03/2026

Forex:   The Middle East conflict continued to underpin the dollar, albeit at a slower pace in the latest reporting week to last Tuesday, 24 March. While positioning flows turned more mixed and less one-sided, the gross dollar long versus eight IMM futures still rose to USD 7.53 billion, the highest level since early December. […]

NEWS DESK

Equities Rise After Earnings; Dollar Weakens, Metals Climb – Comments from Century Financial

News Desk 26/02/2026

U.S. Markets  In yesterday’s session, the S&P 500 and Nasdaq indices increased by nearly 1%, driven by optimism ahead of Nvidia’s earnings, which make up 8% of the S&P 500. The rise was mainly fueled by the technology sector. NVIDIA’s earnings, which serve as a benchmark of the AI trade, were reported yesterday. Their fourth-quarter […]

NEWS DESK

Markets Slip as Tech Weakens; Dollar Supported, Oil Recovers, Metals Rebound – Comments from Century Financial

News Desk 06/02/2026

US Markets  The SPX index slipped 1.2% yesterday amid tech, AI, and broader selling that hit markets. This marked the third consecutive day of decline for the index. The indications are clear that AI spending will be rewarded by the markets only if its monetisation pipeline has started bearing fruits, beats expectations and generates strong […]

NEWS DESK

Risk-Off Returns: AI Stocks Slide, Dollar Rises, Metals Extend Losses – Comments from Century Financial

News Desk 05/02/2026

US Markets  The SPX index slid 0.5% yesterday amid selling pressure that rattled tech and AI companies. It is trading 0.48% lower at around $6,872 in today’s session. The software-sector jitters that affected markets yesterday are turning into a broader AI slump. Nasdaq fell 1.7%, marking two consecutive days of decline. Google reported an 18% […]

NEWS DESK

Commodities weekly: ags and energy steady the ship; metals lag as Powell looms – Saxo Bank

PR News Desk 22/08/2025

The commodity market is heading for its first gain in three, with the Bloomberg Commodity Index (BCOM) on track for a modest weekly gain of less than 1%. This advance has been carried by strong performances across the agriculture sector, and a rebound across the energy sector excluding natural gas, all of which have helped […]

NEWS DESK

Commodities weekly: metals and softs rise in August as energy and grains slide – Saxo Bank

PR News Desk 15/08/2025

Macro overview August has so far been shaped by a tug-of-war between supportive supply-side stories in parts of the commodity market and macro headwinds from weakening economic data in the US and around the world. The latest US inflation data, in the form of a hotter-than-expected July PPI, forced markets to recalibrate their Fed expectations. […]

NEWS DESK

Trump tariffs, copper chaos, and the metals that still matter – Saxo Bank

PR News Desk 06/08/2025

President Trump continues to wield considerable influence over global markets, including commodities. In July, attention centered on intense trade negotiations ahead of the self-imposed August 1 deadline. While a framework deal was reached between the U.S. and EU, and talks with China continued ahead of the mid-August expiry of a 90-day tariff truce, other U.S. […]

NEWS DESK

COT Report: Metals, energy demand offset by broad Ag selling – Saxo Bank

PR News Desk 11/06/2025

Forex In the latest reporting week to 3 June, the period saw the USD trade broadly weaker. Speculators nevertheless responded by reducing their overall short USD position versus the eight IMM FX futures contracts by 8%, to USD 12.2 billion. At the individual currency level, buying of EUR and MXN was more than offset by […]

NEWS DESK

Copper navigates energy transition, supply shocks, and market turmoil– Saxo Bank MENA

PR News Desk 29/04/2025

The combination of increased power demand for cooling and data centres, as well as the transition to cleaner energy sources and the push to mitigate climate change, will reshape commodity markets in the coming years. Governments and corporations around the world are currently investing heavily in renewable energy infrastructure, electric vehicles, and energy-efficient

NEWS DESK

Broad Strength Drives Commodities Sector to 26-month High– Saxo Bank MENA

PR News Desk 06/02/2025

A strong start to the year has seen one of the leading commodities indices reach a 26-month high, potentially signalling a breakout of a two-year horizontal range that emerged following the 2020–2022 pandemic- and Ukraine war-led surge and subsequent correction. Overall, the Bloomberg Commodity Total Return Index (BCOMTR) trades up 5.9% so far this year […]

NEWS DESK

Sovereign Metals transforms and digitalizes its vendor onboarding process in partnership with Effiya Technologies

News Desk 16/07/2024

Sovereign Metals, one of the leading precious metal refineries in India, has successfully digitalized its vendor onboarding process with Effiya’s onboarding and AML solution. This digital transformation is part of Sovereign Metals’ broader strategy to modernize its operations and improve overall productivity As part of this journey, Effiya has revolutionized

NEWS DESK

Lifezone Metals to Provide its Q1 2024 Operational Update

News Desk 02/05/2024

Lifezone Metals Limited (NYSE: LZM) will release its operational update and unaudited financial summary for the first quarter of 2024 before market open on Monday, May 13, 2024. The company invites shareholders, investors, and members of the media to join the executive team for a virtual presentation and discussion of the Q1 summary and outlook. The presentation