Global Market Volatility Puts Metals and Oil in the Economic Spotlight

Amid escalating political and trade tensions, gold, aluminum,
and oil prices continue to experience sharp movements,
drawing the attention of investors worldwide.

Topic

Gold

Aluminum

Oil

Gold

Regains Its Shine Amid Intensifying Global Crises

Gold prices have surged noticeably, stabilizing near $3,390 per ounce,
fueled by a wave of geopolitical concerns among major powers—particularly tensions between the United States and China,
and the ongoing Russia-Ukraine conflict.
The precious metal’s strong performance—with a single-day gain exceeding 2.8%—
signals a renewed confidence in gold as a key hedge in turbulent markets, especially with the dollar falling to its lowest level since 2023.

The growing demand for gold reflects diminishing trust in U.S. monetary policy,
as the Federal Reserve is widely expected to cut interest rates soon—enhancing the appeal of gold, which yields no direct income.
Major financial institutions, including Goldman Sachs,
recommend holding gold in long-term investment portfolios as a shield against inflation and future volatility.

Aluminum

Trump’s Tariffs Drive U.S. Aluminum Prices to Record Highs

Aluminum prices in the U.S. market soared by over 50% after President Donald Trump announced a doubling of tariffs on metals,
effective midweek.
This surge suggests that the domestic market will face added pressure,
given that the U.S. relies on imports to meet more than 80% of its aluminum needs.

The impact goes beyond manufacturing, extending into the construction sector,
which has warned that rising costs of essential materials like aluminum and steel may slow down real estate and industrial projects.
Meanwhile, aluminum contracts on the London Metal Exchange rose about 0.9%,
amid speculation that tariffs may soon be extended to copper as well—reflecting a deepening global trade concern.

Oil

Rebounds Amid Supply Constraints and Geopolitical Risks

Oil prices recorded strong gains after the OPEC+ alliance announced a modest production increase of only 411,000 barrels per day for July—below market expectations, which reinforced upward price momentum.
Brent crude closed at $64.63 per barrel, while West Texas Intermediate settled near $63,
amid forecasts of further volatility driven by ongoing attacks on infrastructure in Russia and nuclear tensions with Iran.

Additional factors—such as wildfires in Canada, the world’s fourth-largest oil producer,
and rising Iranian uranium stockpiles—are also reducing the likelihood of supply increases in the near term.
From a technical perspective, futures have broken through key resistance levels,
signaling potential for further gains—particularly if markets remain under pressure from sanctions and environmental restrictions.

Global Market Volatility Puts Metals and Oil in the Economic Spotlight

Global Market Volatility Puts Metals and Oil in the Economic Spotlight

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