Gold and silver hit new all-time highs before correcting, with most metals, energy, and grain prices rising while soft commodities and meat futures fell in October. Palladium and crude oil crack spreads saw double-digit gains, but FCOJ and world sugar futures dropped significantly. Precious metals saw gains but corrected from record highs, with platinum the only one to decline. Soybean, corn, and wheat futures rallied due to trade deal prospects. Cattle, lean hog, and feeder cattle futures saw declines post-grilling season. Copper recovered, while lumber fell, and oil products and crack spreads rose. Soft commodities remained volatile, with FCOJ and world sugar futures dropping. Stocks rallied, bonds were slightly higher, and the dollar index rose. Natural gas and LNG demand could support prices as the winter season approaches. Gold and silver remain in bullish trends, while the stock market faces economic and geopolitical challenges. Expect continued volatility in commodities in November and beyond.

Read more at Yahoo Finance: Commodity Roundup- October’s Top Performers and Underperformers