— 28 Nov 2025
Global commodity markets showed strength on 28 November 2025 as gold prices rallied to a 3-month high, supported by rising geopolitical hedging demand and weakening short-term bond yields.
Crude oil stabilized near recent support levels following OPEC+’s launch of a digital export verification system, aimed at reducing shipment fraud and increasing transparency in crude allocation among member states. The reform has streamlined oil trade logistics, particularly between the Gulf and Asia.
Industrial metals saw mixed movement, while wheat and sugar contracts picked up slightly due to renewed seasonal import activity across South Asia. Market strategists describe the current commodities environment as cautiously bullish but supply-driven rather than inflation-led.
