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Commodities Watch β€” Week of Sep 8–12


πŸ“ˆ Commodities Watch β€” Week of Sep 8–12

Silver: $42.20 ↑ (+1.6%)

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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