Metals Market Digest — 3 August 2026
🧱 LME Base Metals
- Crude Oil Plunges, Metals Broadly Decline; Iron Ore, LME and SHFE Nickel, and SHFE Lead Lead Losses; Polysilicon Surges Over 7% [SMM Midday Review] - Shanghai Metals Market
- LME base metals tumble on renewed Iran tensions, U.S. rate hike expectations (AA:NYSE) - Seeking Alpha
- LME traders were pricing the wrong metal supply crisis - Reuters
- CHART: Copper price, aluminum ‘black hole’ fears lift LME base metals index to record high - Mining.com
- US Dollar Monthly Line Falls, Crude Oil Monthly Lines Surge Over 24%, LME Outperforms SHFE, Copper, Aluminum, and Gold Monthly Lines Close Positive [Overnight Market] - Shanghai Metals Market
🥇 Precious Metals
- Silver Price Today | Silver Spot Price Charts - SD Bullion
- Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally - CNBC
- Gold and Silver Price Forecast: Strong Dollar Keeps Precious Metals Under Pressure - FXEmpire
- The spot gold price has surged past the $4,110 per ounce mark, rising by 2.06% intraday. As a precious metal with both safe-haven and inflation-hedging properties, gold prices have recently been influenced by a combination of global macroeconomic conditi - Bitget
- Local coin shops ride out wild swings in gold and silver prices - Milwaukee Journal Sentinel
📈 Metals Pricing & Other Markets
- 4 ways tariffs and geopolitics are impacting commodity markets - Waste Dive
- Recent Engagement with the Chinese Precious Metals Market - LBMA
- Chinese firms look to strike gold in a volatile global metals market - South China Morning Post
- NEXT WEEEK: 2026 Platinum Group Metals Market Outlook - Register Now - KITCO
- The precious metals market saw an intraday increase, with spot gold rising by 2% and currently quoted at $4,109.19 per ounce. As a popular safe-haven asset, gold’s recent price fluctuations have been influenced by multiple factors, including the global macro - Bitget