Goldman Sachs Says Central Bank Gold Buying Provides Price Floor

Gold prices remain under pressure from elevated US bond yields, but Goldman Sachs believes robust central bank demand should prevent any sustained sell-off, providing a solid floor for the precious metal despite near-term headwinds. The Gold price in US Dollars (XAU/USD) traded around $4,300 on Tuesday after retreating from recent highs, as stronger US economic data and higher Treasury yields weighed on …

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Geopolitical tensions keep aluminium prices volatile, while long-term demand outlook remains firm

For much of 2026, aluminium prices have been driven more by geopolitics than by underlying demand. As tensions between the US and Iran intensified, fears of disrupted shipments through the Strait of Hormuz pushed LME aluminium higher, with prices rising to around a four-year high and reaching an intraday peak above USD 3,700 per tonne. The ceasefire eased those concerns, …

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China lithium prices hit five-month low on expectations of oversupply in 2027

China‘s lithium futures prices sank to a five-month low on Tuesday on expectations of oversupply of the electric vehicle battery metal in 2027, even as near-term demand remained strong, according to analysts. The most active lithium carbonate contract on the Guangzhou Futures Exchange hit its lowest since February 10 at 136 800 yuan ($20 216.95) a ton, before erasing some losses to trade down …

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