📈 Commodities Watch — Week of Sep 8–12
Gold: $3649 ↑ (+0.4%)
Silver: $42.20 ↑ (+1.6%)
WTI: $63.29 ↑ (+1.7%)
Brent: N/A →
NatGas: $2.954 →
Weekly Focus:
Precious metals advanced as the dollar weakened after softer US labor data reinforced Fed rate cut bets. Gold defended $3620 and closed the week near $3650, while silver outperformed with stronger momentum.
Oil prices posted modest gains, supported by supply jitters, but capped by fragile demand outlooks. Natural gas remained stable, reflecting balanced inventories.
Outlook:
Next week, Fed and BoE rate decisions are likely to drive metals, while energy markets remain sensitive to demand signals.
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