US Job Data, BoJ Policy to Fuel Commodity Market Volatility

• Commodity market is expected to be volatile this week, driven by US job data and the Bank of Japan's (BoJ) policy decisions.
• The US Federal Reserve cut rates by 25 basis points, but new concerns over AI stock valuations led to a decline in US equities.
• Precious metals, including gold and silver, recorded strong weekly gains, with COMEX gold reaching $4,388/oz and silver $65/oz before profit booking.
• Crude oil prices fell due to oversupply concerns, while base metals showed mixed performance, with copper briefly hitting a new record high.
• Upcoming central bank decisions from BoJ, BoE, and ECB, along with key economic data, are anticipated to increase financial market volatility.

Why It Matters: US job data and BoJ policy will drive commodity market volatility this week.