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● December gold futures settled at $4,181.10 an ounce, up $11.00.
Nova Minerals Corp (NYSE American:NVA), a gold and antimony exploration micro-cap, closed Friday, October 16, 2026, at $3.13, down 12.81% on the session. The decline stands out because it ran directly against one of the day’s few supportive commodity trends: gold firmed. No company-specific …
Stardust Power Inc. (NASDAQ:SDST) was among the session’s most severe decliners on Friday, closing at $0.0298 for a loss of 26.24% on the day. The move pushed the lithium-refining developer further into sub-penny territory, a zone where share prices are driven overwhelmingly by order-book …
Greenland Mines Ltd. (NASDAQ:GRML) closed Friday’s US session sharply lower, finishing at $6.00, down 13.79% on the day. The mining micro-cap was among the session’s larger percentage decliners, but no company-specific news tied to Greenland Mines was confirmed for October 16, 2026. The most …
Alcoa (NYSE:AA) closed up 2.60% at $41.47 on Oct. 16, 2026, after reporting third-quarter adjusted earnings of $1.82 per share, which topped analyst expectations. Revenue of $3.7 billion came in slightly light of estimates. The results arrived alongside news of a land sale tied …
● The move reflects measured institutional positioning rather than disorderly speculative trading.
● LME warehouse inventories sit near multi-month lows, down 6.1% over the past 30 days.
● Palladium traded near $1,114-1,135 an ounce, up more than 3% on the day but still near a one-year low.
● Palladium settled up 0.89% to $1,114 an ounce on 16 October 2026, part of a volatile multi-week range.
● Platinum rose 0.64% to $1,631.90 an ounce on 16 October 2026, though it remains down 21.12% year-to-date.
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