📌 Commodity Market Update

Advisory Bazaar Info Services

🔹 Bullion Update

Gold and silver may face pressure due to profit booking.

Safe-haven demand has eased after US President Donald Trump withdrew tariff threats and ruled out military action regarding Greenland.

Gold (Feb): 150,000 – 154,500

Silver (Mar): 315,000 – 325,000

After meeting NATO Secretary General Mark Rutte, Trump stated that Western Arctic allies could reach a new agreement on Greenland, including cooperation on missile defense and access to critical minerals.

The US 10-year Treasury yield slipped by 1 basis point to 4.24% during Tokyo trading.

🔹 Energy Update

Crude Oil (Feb): Volatile trend; expected to trade in the 5500–5640 range.

The US decision to step back from tariff threats against Europe has reduced global economic risk, supporting oil demand.

According to the API, US crude inventories rose by 3.04 million barrels in the week ended January 16.

Crude and gasoline stocks increased, while distillate inventories declined.

Natural Gas (Jan): Bullish momentum may continue; trading range seen at 460–500.

Colder weather has boosted heating demand, increased pressure on storage, and pushed up spot supply prices.