Commodity Prices Edge Higher Amid Fed Outlook and Geopolitical Tensions

On October 15 at 16:00 GMT, major commodity benchmarks showed modest gains as investors weigh the impact of potential Fed policy shifts and ongoing geopolitical uncertainty. Gold climbed to $4,186.56, up 15.92 points or 0.38%, while silver advanced to $57.910, a rise of 0.754 points or 1.32%. Energy markets were slightly weaker: WTI crude fell 0.65 points (-0.66%) to $97.32, and Brent dropped 0.46 points (-0.43%) to $105.46. Base metals saw mixed moves; copper edged up 0.0695 points (1.06%) to $6.6260, whereas aluminium gained 21.60 points (0.72%) to $3,006.60. Natural gas slipped 0.050 points (-1.55%) to $3.186. These small shifts reflect a cautious stance among traders as they await further clues on monetary policy and the evolving geopolitical landscape.