Commodities news

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.

Technical overview remains bullish in both daily and weekly time frames, and trader bias remains heavy to extreme buy.

Steel is trading at $797 per short tonne as of 11:35 UTC on 16 September 2025 (Trading Economics, 16 September 2025).

Nickel is trading near $15,403 at 16:25 UTC on 15 September 2025, within an intraday range of $15,295-$15,472.

A line can be drawn on copper's price chart starting in 2006, capturing one, two, three, four reactions over 19 consecutive years.

Major tailwinds are pushing gold to new all-time highs.