Brent Holds at $64 and WTI Near $59 Amid Trade Pressures and Fragile Supply Balance
Brent holds at $64, WTI near $59 as trade tensions weigh on demand, while supply risks ease but localized disruptions limit price drops.
Demand Concerns Weigh on Copper Prices After Record Highs
Copper prices fell to $5.87/lb as slowing Chinese demand and lower import premiums offset recent record highs driven by supply concerns.
Egypt Plans National Gold Refinery to Boost Reserves and Transform Economy from Raw Exporter to Industrial Hub
Egypt plans a national gold refinery to boost reserves, curb raw exports, create jobs, and position itself as a regional industrial hub.
Iraqi Government Implements Six Measures to Regulate Gold Market and Enhance Oversight
Iraq launches six reforms to regulate its gold market, including a unified hallmark, stricter oversight, and a national trader registry.
Brent Crude Holds at $63.57, US Crude at $59.05 per Barrel Amid Volatile Gas Prices
Brent crude steady at $63.57, US crude at $59.05; oil stable, gas prices surge on weather and demand, energy market remains divided and volatile.
Glencore Secures Long-Term Supply Deal for Low-Carbon Iron Project in Oman
Glencore secures long-term HBI supply from Oman's Meranti Green Steel, boosting low-carbon steel for Europe amid stricter regulations.
Safe Havens Drive Gold to $4,670 and Silver to $93.2 per Ounce Amid US Tariff Escalation on Europe
Gold hit $4,670/oz, silver $93.2/oz, as US-EU tariff tensions spur safe-haven demand; silver also gains from supply deficit and critical mineral statu
Energy Security Drives Coal Prices Higher as China Achieves Record Output Despite Gradual Shift to Clean Energy
China's record coal output boosts prices as energy security trumps clean energy shift; over 100 new coal plants planned in 2025.
Weaker Dollar and Mixed Chinese Signals Support Copper Recovery After Sharp Correction
Copper prices rebounded on a weaker US dollar and mixed Chinese data, but China's property woes limit optimism for long-term demand.
Iron Ore Prices Under Pressure as Supply Surges and Demand Slows Amid Simandou Shipments
Iron ore prices drop as Simandou shipments boost supply, while weak demand and high inventories add further downward pressure in China.
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