The commodity market showed mixed movement today. Some metals saw gains while others slipped. The data clearly shows where momentum is building and where weakness is setting in.
Gold price falls 0.57% while Silver drops 0.68%
Gold prices moved down. The last traded price stood at 4,790.70. The high touched 4,804.90 while the low came at 4,753.82. The overall change was -27.30 which equals a drop of 0.57%.
Silver followed a similar trend. It closed at 75.918. The high was 76.310 and the low was 74.900. The metal declined by -0.520 which means a fall of 0.68%.
Palladium also remained under pressure. It dropped by -20.00 to settle at 1,547.00. This marks a decline of 1.28%. Platinum was not far behind. It slipped by -26.25 to 2,085.85. This shows a fall of 1.24%.
Copper gains 2.07% while Aluminium rises 1.71%
Copper showed strong momentum. It rose by +0.1193 to reach 5.8838. The high was 5.9020 and the low was 5.7375. The percentage gain stood at 2.07%.
Aluminium also moved higher. It gained +58.85 and closed at 3,505.45. The session high was 3,509.05 while the low was 3,454.50. The rise of 1.71% reflects steady demand.
Nickel recorded a mild increase. It went up by +42.37 to 17,192.75. This marks a gain of 0.25%. Lead also edged higher with a small rise of +1.67. It closed at 1,928.15 which is a 0.09% increase.
Tin surges 3.55% while Zinc stays nearly flat
Tin was the top gainer of the session. It jumped by +1,627.00 to 47,465.00. This sharp move reflects a strong 3.55% increase. It remained stable at the same high and low levels during the session.
Zinc showed almost no movement. It slipped slightly by -5.45 to close at 3,326.00. The percentage change was just -0.16%, indicating a flat trend.
Overall, the market shows a clear split. Industrial metals like copper and tin are gaining strength. Precious metals like gold and silver are facing pressure. Traders are now watching global demand signals closely for the next move.