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Gold tests AI turbulence as diesel and natgas steal the show
The Bloomberg Commodity Total Return Index is on track for a fourth consecutive, if moderate, weekly gain of around 0.5%, lifting the year-to-date return to 13%. Beneath the surface, performance remains highly uneven between individual commodities and those belonging to the same sector. In energy, a small weekly loss in WTI and Brent is more than offset by strength in natural gas and fuel products, most notably diesel, while grains and softs are split between short-covering winners and supply-heavy laggards. Precious metals continue a controlled consolidation quietly stress-testing the risk of an AI-led equity ... (full story)