Group 1: Oil Market - Oil prices have risen for three consecutive days, driven by market speculation regarding Trump's potential actions on Russian energy [3] - Concerns over Russian energy sanctions have led traders to cover short positions, increasing supply worries [3] - The U.S. PPI decline in August has intensified expectations for Fed rate cuts, supporting energy demand [3] - As of the latest report, WTI crude oil rose by 1.7% to $63.67 per barrel, while Brent crude oil also increased by 1.7% to $67.49 per barrel [3] Group 2: Precious Metals - Gold prices have increased, benefiting from the recent U.S. inflation data, with August PPI showing its first decline in four months [4] - Market expectations now lean towards three rate cuts by the Fed for the remainder of the year [4] - ANZ analysts have raised their year-end gold price forecast by $200 to $3,800 per ounce, citing increased gold holdings in China and India [4] - Palladium prices surged by 4.7% due to supply concerns linked to potential tariffs on Indian imports, as Russia is the largest supplier of palladium [4] - As of the latest report, spot gold rose by 0.5% to $3,644.74 per ounce [4] Group 3: Base Metals - Copper prices have surpassed $10,000 per ton, primarily due to supply risks from Indonesia's Freeport McMoRan Grasberg mine, which has halted operations following an accident [5] - Other base metals also experienced slight increases, with LME aluminum up by 0.1%, nickel by 0.27%, and zinc by 1.07% [5] - The movements in commodity prices are closely linked to geopolitical events and supply chain changes, as well as Fed policy expectations [5]