[MARKET ANALYSIS] Oil prices remain lacklustre, while gold rebounds following the prior session's pullback after finding support around the USD 5,000/oz level
Importance
Level 1
WTI/Brent: WTI Mar'26 -0.5% / Brent Apr'26 -0.6%
- Oil futures are lacklustre following the prior day's flimsy performance, with Kazakhstan set to resume production at its biggest oilfield, while reports also noted that OPEC+ is likely to maintain its supply pause in March.
Gold: +1.0%
- Rebounded from the prior session's trough with a brief pullback cushioned after finding support around the USD 5,000/oz level.
Copper: -2.3%
- Faded some of its recent gains after failing to sustain a brief return above the USD 6/lb level, and with demand not helped by the downbeat mood in its largest buyer, China.
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