Metals Market Digest — 5 August 2026
🧱 LME Base Metals
- Crude oil continued to slump heavily, metals broadly rose, LME copper, LME and SHFE lead, and coking coal rose more than 1%, and COMEX and SHFE silver surged over 3% [Overnight Market] - Shanghai Metals Market
- LME traders were pricing the wrong metal supply crisis - Reuters
- LME base metals tumble on renewed Iran tensions, U.S. rate hike expectations (AA:NYSE) - Seeking Alpha
- Daily round-up: LME base metals trade mixed; European diesel margins surge - BigMint
- CHART: Copper price, aluminum ‘black hole’ fears lift LME base metals index to record high - Mining.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.com
- Gold and Silver Price Forecast: Strong Dollar Keeps Precious Metals Under Pressure - FXEmpire
- Central Bank of Armenia: exchange rates and prices of precious metals - 04-08-26 - Armenpress
- Gold and Silver Price Swings Favor Precious Metals Long Term - U.S. Gold Bureau
📈 Metals Pricing & Other Markets
- Silver – A Complex Bottoming Process Continues - Shanghai Metals Market
- 4 ways tariffs and geopolitics are impacting commodity markets - Waste Dive
- The precious metals market has shown strong intraday performance, with spot gold’s gains expanding to 1%, currently quoted at $4,096.27 per ounce. As a traditional safe-haven asset, gold’s recent rally is often closely associated with increased market risk av - Bitget
- Chinese firms look to strike gold in a volatile global metals market - South China Morning Post
- Recent Engagement with the Chinese Precious Metals Market - LBMA