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Spot silver rose more than 2% on the day, currently trading at $76.33 per ounce. New York silver futures extended their gains to 2%, currently trading at $76.76 per ounce.

2026-06-02

Spot silver rose more than 2% on the day, currently trading at $76.33 per ounce. New York silver futures extended their gains to 2%, currently trading at $76.76 per ounce.

Other News
2026-06-01

The UK Prime Minister's Chief Secretary: The UK House of Commons will debate the Mandelson Papers on Wednesday.

The UK Prime Minister's Chief Secretary: The UK House of Commons will debate the Mandelson Papers on Wednesday.
2026-06-02

Bananas for Japanese retail are ripened in ethylene-filled chambers; ethylene is produced from naphtha, and Japan’s naphtha stocks have dropped about 25% YTD. Shipping disruptions through the Strait of Hormuz, which have cut roughly 20% of global oil

Bananas for Japanese retail are ripened in ethylene-filled chambers; ethylene is produced from naphtha, and Japan’s naphtha stocks have dropped about 25% YTD. Shipping disruptions through the Strait of Hormuz, which have cut roughly 20% of global oil supply, are exacerbating the squeeze; Japan’s crude import dependence exceeds 90%. Japan imported about 1 mln tons of bananas last year. Eiji Akashi, secretary-general of the Japan Banana Importers Association, said: "Prices may rise, but we are doing everything to avoid supply shortages."
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