Citigroup is still optimistic about the gold market in the next 6-12 months.

Crude oil fell for two consecutive days. As of 15:06 CST today, WTI oil and Brent oil fell 0.49% and 0.47% respectively.

On Tuesday night CST, the World Bank released the latest semi-annual Global Economic Prospects. While raising the global economic forecast for 2023, it emphasised the harm and risks to developing economies caused by the Fed's interest rate hike and the European and US banking crisis.

Citi Research said it continues to advise investors to buy gold and silver until the end of the year.

Crude oil snapped its three-day winning streak. As of 15:05 CST, WTI oil and Brent oil fell 1.19% and 1.08% respectively. The U.S. dollar has fallen for two consecutive days. As of 15:06 today, the U.S. dollar index fell 0.14%.

Crude oil rose today. As of 15:01 CST today, WTI oil and Brent oil rose 1.48% and 1.38% respectively. The U.S. Dollar index rose 0.14% as of 15:01.

Russia's largest nickel producer Norilsk Nickel (Nornickel) said on Wednesday that the global nickel market is expected to see a surplus of more than 200,000 mt this year, higher than the estimated 120,000 mt in February.

Crude oil fell slightly today. As of 15:02 CST, WTI oil and Brent oil fell 0.26% and 0.27% respectively. The U.S. dollar rose 0.37% as of 15:03.