Metals Market Digest — 12 August 2026

🧱 LME Base Metals

• LME base metals up as US-Iran peace talks resume - Fastmarkets
• 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
• Crude oil surged over 5%, metals broadly rose, LME aluminum, zinc, and tin gained over 1%, precious metals continued to advance, and NY silver jumped over 3% [Overnight Market] - Shanghai Metals Market
• 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
• Gold Price Canada Today | Live Gold Price in CAD - KITCO
• Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally - CNBC
• Where will silver and gold prices head this August? Experts weigh in - CBS News
• Gold and Silver Price Forecast: Strong Dollar Keeps Precious Metals Under Pressure - FXEmpire

📈 Metals Pricing & Other Markets

• The Commodity Markets Outlook in eight charts - World Bank Blogs
• 4 ways tariffs and geopolitics are impacting commodity markets - Waste Dive
• Gold Surges, Silver Sinks: Why the Fed’s Hawkish Pause Is Splitting the Precious Metals Market - NAI500
• Chinese firms look to strike gold in a volatile global metals market - South China Morning Post
• LBMA Precious Metals Market Report: Q2 2026 - LBMA