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Global commodity & trading news

A roundup of positive developments moving the commodity and share trading markets right now.

Precious Metals

Gold surges past $4,000/oz, with major banks eyeing $6,000

Gold has climbed to roughly $4,042 an ounce, extending its rally as investors seek safe-haven assets amid interest-rate uncertainty. J.P. Morgan Global Research now projects gold could reach $6,000/oz, with $6,300/oz seen as a further possibility — a strongly bullish outlook for bullion traders.

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Source: J.P. Morgan Global Research
Dubai / DMCC

DGCX launches same-day gold settlement contract

The Dubai Gold & Commodities Exchange, part of DMCC, has launched a Gold Spot T+0 contract enabling same-day settlement for bullion dealers, refineries, brokers and institutions — a major infrastructure upgrade for the region's gold trade, offering improved price certainty and vault-backed physical delivery.

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Source: Business Recorder
Trade

UAE holds #2 spot in global Commodity Trade Index

DMCC's Future of Trade report confirms the UAE remains the world's second-largest commodities trading hub, with South-South trade now accounting for 35% of global flows — reinforcing Dubai's position as a gateway for international commodity business.

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Source: DMCC
Base Metals

Copper hits record highs on AI infrastructure boom

Copper has repeatedly set new historical highs, with the LME three-month contract touching $11,771 per ton, driven by surging demand from AI data-center construction and the global energy transition — a strong tailwind for base-metal traders.

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Source: Yahoo Finance
Precious Metals

Silver's rally continues to build

Silver broke above $55 an ounce and has held firmly in the $50–$54 zone, posting year-to-date gains near 120% at its peak, as investors rotated into precious metals alongside gold on continued safe-haven demand.

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Source: TradingKey