Comex Gold Settles 0.61% Lower at $4187.20 — Data Talk

Front Month Comex Copper for December delivery lost 1.75 cents per pound, or 0.33% to $5.3645 today

• Largest one day dollar and percentage decline since Tuesday, Dec. 2, 2025
• Down two of the past three sessions
• Off 7.43% from its 52-week high of $5.795 hit Wednesday, July 23, 2025
• Up 34.58% from its 52-week low of $3.986 hit Tuesday, Dec. 31, 2024
• Rose 27.02% from 52 weeks ago
• Off 7.43% from its 2025 settlement high of $5.795 hit Wednesday, July 23, 2025
• Up 34.50% from its 2025 settlement low of $3.9885 hit Thursday, Jan. 2, 2025
• Off 7.43% from its record high of $5.795 hit Wednesday, July 23, 2025
• Month-to-date it is up 3.45%
• Year-to-date it is up $1.3785 or 34.58%

All prices are calculated based on the settlement price of the current front month contract.

Source: Dow Jones Market Data, FactSet

Front Month Comex Silver for December delivery lost 64.30 cents per troy ounce, or 1.10% to $57.779 today

• Fifth highest close in history
• Down four of the past five sessions
• Today's settlement value is the fifth highest this year
• Off 1.10% from its 52-week high of $58.422 hit Friday, Dec. 5, 2025
• Up 99.65% from its 52-week low of $28.94 hit Tuesday, Dec. 31, 2024
• Rose 79.35% from 52 weeks ago
• Off 1.10% from its 2025 settlement high of $58.422 hit Friday, Dec. 5, 2025
• Up 98.44% from its 2025 settlement low of $29.116 hit Friday, April 4, 2025
• Off 1.10% from its record high of $58.422 hit Friday, Dec. 5, 2025
• Month-to-date it is up 2.36%
• Year-to-date it is up $28.839 or 99.65%

All prices are calculated based on the settlement price of the current front month contract.

Source: Dow Jones Market Data, FactSet

Gasoline decreased to 1.80 USD/Gal, the lowest since October 2025.

Over the past 4 weeks, Gasoline lost 7.96%, and in the last 12 months, it decreased 7.19%.

Crude-oil futures have risen three straight days, but that appears to be in jeopardy as prices were beginning to move lower, with refined products also seeing downside.

After jumping across the $60 mark late last week, West Texas Intermediate futures pulled back and were holding just barely above the $59 level Monday as volumes continue to be light with the holidays and end-of-year quickly approaching.

February Brent was down as well, with prices moving either side of $63.

The downside is likely because of some profit taking after the move higher as geopolitics remain in focus with optimism surrounding a peace deal between Russia and Ukraine fading. While this could add to the geopolitical risk premium, growing inventories and reports of oil sitting in floating storage are keeping a lid on upside momentum.

January WTI was sitting slightly above the lows of the day at $59.10/bbl, down just inside of $1 and just 5cts above the morning low. February Brent was down by a similar amount at $62.78/bbl and, like WTI, just pennies above the lows.

Refined products were down sharply and the losses were exceeding those of crude oil, putting additional pressure on paper crack spreads. Rising product inventories over the past few weeks have met seasonal norms, particularly on the gasoline side.

This is also reflected in the U.S. spot markets that in some cases were seeing steep discounts.

CARBOB in California continues to be priced at parity with RBOB futures, with the New York Harbor market the only one pricing at a premium to futures.

Front-month RBOB is roughly 3cts lower at $1.8055/gal.

While the January contract was trading below the $1.80 level in late November, a front-month contract hasn't traded below $1.80/gal since Oct. 21. A return to sub-$1.80 price for front-month RBOB could be in play for afternoon trading.

After picking up almost 6cts on Friday, front-month diesel has given back nearly all of those gains. The January contract was barely holding onto the $2.30/gal level, last trading at $2.3063/gal, down 5.61cts.

However, the biggest declines from a percentage standpoint so far were in natural gas. Henry Hub futures were down some 6.5%, trading at $4.947/MMBtu, down 34.4cts after reaching a roughly three-year high on Friday.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

• Reporting by Denton Cinquegrana, dcinquegrana@opisnet.com; Editing by Michael Kelly, mkelly@opisnet.com

Oat decreased to 264.75 USd/Bu, the lowest since September 2020.

Over the past 4 weeks, Oat lost 1.72%, and in the last 12 months, it decreased 11.78%.

A $12 billion government aid package looks to offer short-term help for farmers affected by the U.S.-China trade impasse, lifting them over 2025's financial hump of high input costs and low commodity prices. But farmers are "unimpressed," says Peter Meyer of Muddy Boots Ag, as many see this as a band-aid over fundamental structural issues for the U.S. agriculture. "For the most part, farmers are against these payments as they see it as pass through to input suppliers, banks, and the like," Meyer says. "There is plenty of concern that these payments are becoming the new norm and will eventually strike an even stronger blow to the farm economy." Soybeans are leading the CBOT lower, with the most-active contract down 0.9%. (kirk.maltais@wsj.com)