Commodities news

Palladium has been profiting from easier macro conditions and fundamental drivers in the auto sector but the metal remains far away from its 2022 highs

Renewed tensions between China and the US weigh on market sentiment, with gold and silver receiving another boost

Traders react with cautious optimism to the news of a ceasefire between Hamas and Israel as the US government shutdown continues to cloud the outlook for rates

Gold (XAU/USD) is currently trading at $3,982.94 (as of 6:12pm UTC, 7 October 2025), after briefly crossing $4,000 per ounce for the first time during the session.

The technicals remain bullish with plenty of factors cited on the fundamental front, and traders both large and small remain very much in majority buy territory.

Silver outshines gold as lower real yields, AI and solar demand, and tight supply drive gains. Watch $46 support and $48.70 resistance as momentum stays firm

US data delay leaves markets focused on FOMC speakers and news headline with Japan in focus after their leadership change

Gaps into the $61s but yet to truly disrupt what have been bearish technicals, and in sentiment it’s very much a story of majority buy bias.

The government shutdown is expected to have a limited impact on markets as the tangible effects on growth are small, but gold is likely to remain bid as traders sell some risk

The US Government heads for another shutdown, potentially delaying economic data and leading to permanent lay-offs.