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Global Commodity Market Wrap-Up
Global commodity markets ended the week on a mixed note as ongoing tensions between the United States and Iran kept uncertainty elevated, with limited progress on diplomatic engagement. A relatively firm U.S. dollar continued to influence price movements across commodities. Gold declined 2.84%, while silver dropped 6.66%, reflecting pressure on precious metals. Among base metals, copper eased 0.32%, lead slipped 0.28%, and zinc rose 0.96%, indicating uneven industrial demand. Overall sentiment remained cautious ahead of the upcoming Federal Reserve rate decision, as investors closely monitored geopolitical developments and macroeconomic signals for clearer direction on global growth.
Natural gas declined 3.81% over the week as comfortable supply levels and moderate demand expectations continued to weigh on prices after recent volatility. Crude oil, however, surged 11.67% as heightened tensions between the United States and Iran, along with limited progress in talks, raised concerns over supply flows through key routes. In the agricultural segment, U.S. sugar gained 4.67%, reflecting steady demand conditions. Overall, sentiment remained cautious as markets tracked geopolitical risks and evolving global supply dynamics.

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