Metals Market Digest — 2 May 2026

🧱 LME Base Metals

• Base Metals LME Midday Snapshot Report - stonex.com
• CHART: Copper price, aluminum ‘black hole’ fears lift LME base metals index to record high - Mining.com
• LME base metals prices mixed; supply gains offset by macro and geopolitical risks - BigMint
• Crude Oil Continued to Rise, Most Metals Fell; LME and SHFE Copper, LME Zinc Dropped Over 1%; SHFE Nickel Rose Nearly 2%; Gold and Silver Declined [Overnight Market] - Shanghai Metals Market
• LME traders were pricing the wrong metal supply crisis - Reuters

🥇 Precious Metals

• Precious Metals News: Gold, Silver, PGMs React to New Reality of Protracted War - Investing News Network
• Silver Price Today | Silver Spot Price Charts - SD Bullion
• Why are ⁠gold and silver prices up today, and will precious metals continue to rise or fall again? Full ma - The Economic Times
• Why Is Gold Falling? Gold Price Risk Crash to $3,400 - Finance Magnates
• Gold price rises as precious metals extend rally ahead of key US data - Investing.com

📈 Metals Pricing & Other Markets

• Geopolitical risks, inflation concerns weigh on commodity markets - Anadolu Ajansı
• From copper oversupply to aluminium crisis: Middle East conflict reshapes metals market - alcircle
• LBMA Precious Metals Market Report: Q1 2026 - LBMA
• The Commodity Markets Outlook in eight charts - World Bank Blogs
• [SMM Analysis] Cost Support Strengthened, Nickel Sulphate Prices Rose - Shanghai Metals Market