COMMODITIES BRIEF 13 May 2026 • 05:17 CET
Commodities Markets — Session Overview
Commodities maintain their structural supercycle momentum as dollar weakness supports broad-based gains. Risk sentiment remains constructive despite regional geopolitical tensions, with industrial metals leading the charge on sustained infrastructure demand.
Precious Metals Gold trades at $4714.20/oz, up 0.78% intr
COMMODITIES BRIEF 13 May 2026 • 05:17 CET
Commodities Markets — Session Overview
Commodities maintain their structural supercycle momentum as dollar weakness supports broad-based gains. Risk sentiment remains constructive despite regional geopolitical tensions, with industrial metals leading the charge on sustained infrastructure demand.
Precious Metals Gold trades at $4714.20/oz, up 0.78% intraday despite marginally negative real rates. Central bank purchasing continues supporting the complex. Silver outperforms at $87.39/oz, gaining 2.65% on industrial demand crosscurrents. Platinum ($2127.00/oz) an
d palladium ($1510.00/oz) benefit from automotive sector recovery. Copper surges 2.54% to $6.65/lb, confirming its role as the premier global growth barometer amid electrification trends.
Energy WTI crude retreats 1.42% to $100.73/bbl while Brent slides 1.39% to $106.27/bbl on profit-taking after strong weekly gains. The $5.54/bbl Brent-WTI spread reflects persistent refining capacity constraints. OPEC+ production discipline remains intact despite elevated prices. Natural gas softens 0.88% to $2.82/MMBtu on seasonal demand patterns.
Agriculture Grain complex strengthens on weather concerns. Wheat advan
ces 0.86% to $670.75/bu amid persistent drought conditions in key producing regions. Corn rallies 2.51% to $479.00/bu on Brazilian export constraints. Soybeans gain 0.91% to $1224.50/bu supported by robust Chinese demand.
Trade Ideas LONG: Silver (industrial demand acceleration), Copper (infrastructure supercycle), Wheat (weather premium) SHORT/HEDGE: WTI crude (technical correction due), Natural gas (seasonal headwinds)
Key Risks Dollar strength reversal could pressure broad complex. Geopolitical escalation threatens energy supply chains. Aggressive central bank tightening may dampen industrial demand.
COMMODITIES BRIEF 13 May 2026 • 05:17 CET Commodities Markets — Session Overview Commodities maintain their structural supercycle momentum as dollar weakness supports broad-based gains
ces 0.86% to $670.75/bu amid persistent drought conditions in key producing regions. Corn rallies 2.51% to $479.00/bu on Brazilian export constraints. Soybeans gain 0.91% to $1224.50/bu supported by robust Chinese demand.
Trade Ideas LONG: Silver (industrial demand acceleration), Copper (infrastruc