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Platinum was the most profitable precious metal in 2022, rising by 11%. However, the global platinum market might face a deficit of approximately 300,000 ounces by the end of this year.

Gold climbed to $1,880 early in the week, settling at an eight-month high. U.S. inflation data for December will be closely monitored on Thursday. Economists at Commerzbank say that the official data will further support the metal.

Morgan Stanley's Global Commodity Strategist Martijn Rats shared his opinion on what would possibly become major factors of uncertainty for the world’s market of oil this year.

On the agenda, on January 10, will be EIA Short-Term Energy Outlook. On January 11, stocks of crude oil and petroleum products, as well as the production of gasoline and distillates will be in the spotlight. On January 12, data on natural gas reserves will be published.

Turnover in gold in the Moscow Exchange fell 33.4% from 2021 to 32.3 tonnes at the end of 2022. Turnover in silver grew 95.8% up to 78.7 tonnes.

According to a weekly report by Ole Hansen, head of commodity strategy at Saxo Bank, gold initially had a strong start to 2023. However, last Thursday's U.S. labour market report caused a temporal collapse in gold prices.

New Pacific Metals published the results of the Silver Sand project PEA. The project will be realized in Potosi Department, Bolivia.

Shortly before the new year started, the oil price growth stalled due to growing cautiousness of investors after two weeks of active oil contracts buying.

The first week of 2023 was pretty difficult for crude oil futures. This result was driven by very mild winter weather conditions in the Northern Hemisphere.

According to the oilfield services company Baker Hughes, which is located in the U.S., the number of active oil and gas drilling rigs around the world have risen for the second year in a row.