Commodity markets traded sharply lower on Monday, extending the risk-off mood seen after the weekend’s heightened volatility, with silver, crude oil and natural gas leading losses, while gold bucked the trend with modest gains.
Silver slipped nearly 5%, reflecting continued long liquidation after last week’s historic crash and ongoing pressure from margin tightening and profit booking. The metal remains volatile as traders reassess positioning following extreme moves in global markets.
Crude oil declined over 4%, weighed down by concerns over demand uncertainty and broader risk aversion across asset classes. Natural gas saw the steepest fall, tumbling nearly 9%, as traders unwound leveraged bets amid weak near-term fundamentals.
Base metals also remained under pressure. Copper fell around 1.7%, while zinc declined about 1.6%, tracking the broader sell-off in industrial commodities as growth concerns resurfaced.
In contrast, gold edged higher by about 1.6%, supported by safe-haven demand after recent turbulence, even as higher interest-rate expectations continue to cap upside.
Overall, commodity markets remain volatile, with traders focused on global macro signals, liquidity conditions and post-crash positioning adjustments rather than fresh fundamental triggers.
