A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities in April for the second consecutive month. The June dollar index moved 4.44% lower, while the June U.S. 30-year Treasury bond futures fell 0.80% to 116-26 during the fourth month of 2025. Gold was higher, reaching a new record peak, while the other precious and base metals were lower; grains were mixed with gains in corn and soybeans and a loss in CBOT wheat futures. Animal proteins rallied, while the energy sector was mostly lower. Soft commodities were mixed, with gains in cocoa, FCOJ, and Arabica coffee, while sugar and cotton prices moved lower.
