Metals

Lower interest rates tend to favour non-yielding assets such as gold.

Gold rises but investors stay cautious about ‘hawkish’ Fed tone

The market is pricing in an 87% chance of a 25-basis-point rate cut

Lower interest rates tend to favour non-yielding assets such as gold.

Gold gains as Fed rate-cut optimism dents dollar

Dovish commentary from several Fed officials has further fuelled expectations of monetary easing

Silver prices have roughly doubled this year, outpacing a 60% rise in gold.

Silver hits fresh record as strong ETF inflows sustain rally

Global demand for the metal has outpaced output from mines for five consecutive years

Non-yielding gold tends to perform well in low-interest-rate environments.

Gold flat as investors await US data for rate-cut signals

US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool

Citi cancelled or earmarked for delivery nearly 112,000 metric tons of lead in London Metal Exchange approved warehouses in Singapore.

Citigroup faces US$5 million bill to transport its lead from Singapore

Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia

Non-yielding gold tends to perform well in low-interest-rate environments.

Gold edges lower as investors book profits

US rate futures are pricing in an 88% chance of a rate cut in December, according to the CME’s FedWatch tool

Precious metals have also been boosted by increased expectations that the Federal Reserve will cut interest rates in December.

Silver jumps to record high on supply tightness, rate-cut hopes

Markets are fully pricing in a quarter-point rate cut on continued weakness in the American labour market and a series of dovish comments by Fed officials