IAU - Commodity Roundup: Metals rise on softer dollar as inflation test looms

2023-12-12 06:02:12 ET

"Contract-based outflows across the agri complex totalled $10 billion, driven mainly by outflows across oilseeds and softs markets," JPM Commodities Research said.

"Sugar prices have plummeted by -18% from a recent high seen in early November of 27.95 USd/lb, largely driven by India's transformative ethanol policy change which mandates mills to immediately stop using cane juice and sugar syrup for ethanol production, while allowing supply of up to 1.3 billion L of B-molasses which were already offered to OMCs."

Recent Commodity Price Movements

• Energy

  • WTI Crude Oil ( CL1:COM ) -0.09% to $71.25.

  • Natural Gas ( NG1:COM ) +0.48% to $2.44.

  Metals

  • Palladium ( XPDUSD:CUR ) +1.73% to $973.81.

  • Silver ( XAGUSD:CUR ) +0.70% to $22.95.
  • Copper ( HG1:COM ) +0.52% to $3.80.

  Agriculture

  • Corn ( C_1:COM ) -0.13% to $460.40.
  • Wheat ( W_1:COM ) +0.93% to $596.74.
  • Soybeans ( S_1:COM ) +0.41% to $1,341.50.

  Commodity ETFs

  Gold ETFs:

  • SPDR Gold Shares ETF ( GLD )
  • VanEck Gold Miners ETF ( GDX )
  • VanEck Junior Gold Miners ETF ( GDXJ )
  • iShares Gold Trust ETF ( IAU )
  • Direxion Daily Gold Miners Index Bull 2X Shares ETF ( NUGT )
  • Sprott Physical Gold Trust ( PHYS )

  Other Metal ETFs:

  • iShares Silver Trust ETF ( SLV )
  • Sprott Physical Silver Trust ( PSLV )
  • Global X Silver Miners ETF ( SIL )
  • U.S. Copper Index Fund, LP ETF ( CPER )
  • abrdn Physical Palladium Shares ETF ( PALL )

  Oil ETFs:

  • U.S. Oil Fund, LP ETF ( USO )
  • Invesco DB Oil Fund ETF ( DBO )
  • U.S. 12 Month Oil Fund, LP ETF ( USL )
  • U.S. Brent Oil Fund, LP ETF ( BNO )
  • U.S. Natural Gas Fund, LP ETF ( UNG )
  • U.S. Gasoline Fund, LP ETF ( UGA )

  Agriculture ETFs:

  • Invesco DB Agriculture Fund ETF ( DBA )
  • Teucrium Soybean ETF ( SOYB )
  • Teucrium Wheat ETF ( WEAT )
  • Teucrium Corn Fund ETF ( CORN )

For further details see: