News · Metals

Metals news.

Releases, central-bank decisions and the market moves that followed, newest first. For the week ahead, see the economic calendar; for what moved after each big release, the event desk.

METALS7 h ago

Gold claws back above $4,050 as oil eases, Fed decision looms

Gold rebounded above $4,050 after briefly dipping under $4,000, helped by softer oil prices, even as the US dollar and Treasury yields firmed. OCBC strategists say the metal's next move hinges on the Fed and Thursday's core PCE data.

METALS15 h ago

US civilian sector makes only 300 tonnes of rare earth magnets versus 48,000-tonne demand

METALS15 h ago

Freeport-McMoRan beats Q3 estimates as metal prices offset rising costs

METALS15 h ago

LME launches Shanghai-linked steel contract, over 550 lots traded

METALSYesterday

Gold holds near $4,000 as dollar strength persists before Fed decision

METALSYesterday

Teck’s Highland Valley copper mine slows output amid strike

24 Oct 2026

METALS

China pushes central bank gold purchases to 79 tonnes in August

Goldman Sachs estimates that monetary authorities worldwide added 79 tonnes of gold in August, nearly five times their typical monthly pace, with China responsible for about 25 tonnes of that amount.

23 Oct 2026

METALS

India clears 6,500-tonne silver import quota, Hindustan Zinc slides 4%

Indian authorities have authorised 6,500 metric tonnes of silver imports for the next six months to meet festive demand, a decision that dragged down local silver prices and sent Hindustan Zinc shares sharply lower on Friday.

23 Oct 2026

METALS

Gold drops below $4,050, two-month low, as oil jumps on Saudi attacks

Gold (XAU/USD) traded near $4,025 in early Asian hours on Friday, its weakest level in more than two months, after oil prices surged on fresh attacks in Saudi Arabia ahead of next week's Federal Reserve meeting.

23 Oct 2026

METALS

Silver falls below $54, hits fresh 2025 low

Silver (XAG/USD) dropped below $54.00 on Friday, its weakest level since November 2025, as the metal heads for a second straight weekly decline.

22 Oct 2026

METALS

Standard Chartered hikes copper and zinc forecasts, trims aluminium

Standard Chartered has raised its 2026-2027 price outlook for copper and zinc on persistent supply tightness, while cutting its aluminium forecast as Gulf output rebounds faster than expected.

22 Oct 2026

METALS

Silver slides over 3% on Thursday, closing in on year-to-date low near $54.77

Silver (XAG/USD) fell more than 3% on Thursday, dropping below $56.00 as a rally in oil prices pressured precious metals and put the year-to-date low at $54.77 back in view.

21 Oct 2026

METALS

Bank of Russia gold stockpile shrinks to 2,264 tonnes after September sale

Moscow's central bank offloaded 200,000 troy ounces of gold last month, pushing national reserves down to their smallest size since 2019 and pointing to ongoing budget pressure.

16 Sep 2026

METALS

Gold slips as real yields rise after inflation data

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