Commodities

Citadel posts worst return since 2018 as natural gas bets falter

This is partly due to erratic swings triggered by geopolitical turmoil, making trades hard to stick to

“The move into gold is not about de-dollarisation, it’s about 'de-fiatisation',” says Guy Wolf, global head of market analytics at Marex.
OUTLOOK 2026

Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers

Returns are expected to moderate for the precious metal in the new year, say analysts

On Wednesday, the US Federal Reserve cut interest rates by 0.25 per cent, and projected one more quarter-point cut in 2026.

Silver surges, the won sinks and markets recalculate

What does the Fed’s new “neutral rate” mean for Asia? Plus, silver’s boom, Korea’s rally, and Nvidia’s China chip deal.

The price of silver hit US$63.86 per ounce on Dec 10, nearly double its level a year ago, after the Fed trimmed rates by 25 basis points.
THE BROAD VIEW

Is silver the new gold?

The surge in the precious metal’s price could have ominous implications for the markets

Buyers of US LNG have contemplated delaying cargo loading, while some owners of oil tankers are seeking to maximise earnings.

Ship rates spiking 467% marks upended trade across commodities

Freight costs typically dip at year-end due to seasonal weakness in demand

Physical trading houses such as Trafigura and IXM typically already trade some gold and silver as a byproduct of their activities in copper, lead and zinc ore, known as concentrates.

Gold trader hiring spree drives up pay as bullion market booms

In addition to the demand from trading houses, hedge funds, refiners, brokers and banks are also hiring precious metals traders, leading to a huge turnover of jobs at both senior and junior levels

Some oil hubs have seen wait times lengthen as tanker owners sought to comply with the new directives.

Commodity vessels clog China ports as fee imposed on US ships

The Asian nation has introduced a hefty extra fee on vessels known to have American links, following a similar America move

Bank of America Merrill Lynch sees gold reach US$5,000 per ounce by next year. The rationale is brutally simple – investment demand.

Gold’s ‘semi-rational’ run gives Wall Street vertigo

If American households start to see that it is an essential hedge against inflation and devaluation of the greenback, then the sky is the limit

Continued demand for Singapore equities led to daily average value of S$1.5 billion in the July-to-September quarter, the highest quarterly figure since 2021.

SGX securities trading volume surges 50.8% in September on stronger equities demand

Daily average values and commodity derivatives post records in the quarter

Ragnar Udd, chief commercial officer at BHP, sees Singapore as an "incredible jurisdiction" for commercial operations.
COMMODITY INSIGHTS

BHP sharpens Asia focus; bets on copper, potash over rare earths

Asia’s firm demand underscores the mining giant’s commitment to the region