[MARKET ANALYSIS] Commodities are mixed with crude rangebound amid the current geopolitical backdrop, while precious metals pulled back amid a firmer dollar
Importance
Level 1
WTI/Brent: WTI Apr'26 +0.2% / Brent May'26 +0.2%
- Oil futures are kept afloat in rangebound trade following the prior day's two-way price action, with the crude benchmarks tentative amid the ongoing geopolitical uncertainty.
Gold: -1.1%
- Faded some of the prior day's firm advances after briefly returning to above the USD 5,200/oz level, with pressure seen in tandem with a 3% slump in silver as the dollar strengthened.
Copper: +1.3%
- Climbed higher with an uplift seen as the red metal's largest buyer returned to the market for the first time in over a week
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