Metals Market Digest — 4 August 2026

🧱 LME Base Metals

• Crude oil slumped, base metals saw SHFE outperforming LME, stainless steel surged more than 3%, LME aluminum, SHFE nickel, and COMEX silver led gains [Overnight Market] - 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
• Tin Hits Record Above $51,000 on LME After Broad Metals Rally - Bloomberg.com

🥇 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
• Gold and Silver Price Swings Favor Precious Metals Long Term - U.S. Gold Bureau
• 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
• Recently, the Department of Industry and Information Technology of Jia - Shanghai Metals Market
• 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