Global Commodities Trade Slightly Up, Oil and Gas Slip Ahead of Fed Meeting

Gold traded at $4,189.46, marking a modest gain of $17.69 (0.42%) for the day, while silver climbed 0.387 points to $60.90, a 0.64% rise. Crude oil was mixed: WTI fell 1.71 points to $92.03, a 1.82% decline, and Brent slipped 1.65 points to $105.00, down 1.55%. Industrial metals were largely unchanged – copper edged up 0.0193 points to $6.7663, a 0.29% lift, and aluminum slipped 4.90 points to $3,042.90, a 0.16% drop. Natural gas prices fell 0.013 points to $3.154, a 0.41% decline. The market remains on edge as investors await the Federal Reserve’s upcoming policy decision, with commodity prices reflecting a cautious sentiment amid global economic uncertainty.