Commodity markets delivered contradictory signals on Friday as aluminum prices surged while precious metals declined. Junior brokers at Nummixo analyze how the S&P 500 materials sector plunged 7% for the week, representing the worst performance since April, despite aluminum jumping 9.75%, marking the largest weekly gain since January 2023. The divergence between industrial and precious metals reflects competing narratives about economic trajectory and inflation expectations. Aluminum is now up 15% year-to-date, outpacing virtually all major commodities. Supply disruption concerns from the Middle East conflict and Chinese production constraints drive prices higher despite fears of demand weakness. Precious Metals Break Winning...
BlockchainMarch 10, 2026March 10, 2026