News

WTI holds gains near $80.00 on upbeat Oil demand outlook

West Texas Intermediate (WTI), futures on NYMEX, cling to gains near the psychological resistance of $80.00 in Tuesday’s European session.

Source  Fxstreet1718707551
Natural Gas extends retracement on easing tensions in Gaza

Natural Gas price (XNG/USD) trades broadly flat on Tuesday and holds above the $2.80 level while trying to avoid a five-day losing streak.

Source  Fxstreet1718706600
Gold retreats on risk appetite despite survey showing central bank demand to endure

Gold (XAU/USD) price edges lower, exchanging hands in the $2,310s on Tuesday as an overall positive risk tone to markets weighs on the safe-haven precious metal.

Source  Fxstreet1718704344
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

Source  Fxstreet1718701808
India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.

Source  Fxstreet1718693077
WTI corrects from multi-week top, slides back to mid-$79.00s confluence breakpoint

West Texas Intermediate (WTI) US crude Oil prices edge lower during the Asian session on Tuesday and erode a part of the overnight strong gains to the $80.00 neighborhood, or a nearly three-week high.

Source  Fxstreet1718679318
Gold price remains confined in a familiar trading range above $2,300 mark

Gold price (XAU/USD) struggles to gain any meaningful traction on Tuesday and oscillates in a narrow trading band, around the $2,320 region during the Asian session.

Source  Fxstreet1718677010
Silver Price Analysis: XAG/USD slumps amid hawkish Fed comments, high US yields

Silver's price edged lower and posted minimal losses of 0.38% on Monday.

Source  Fxstreet1718663786
Crude Oil snaps higher as hopes of rising demand continue to bolster barrel bids

West Texas Intermediate (WTI) US Crude Oil shrugged off recent bearish pressures to climb back towards the $80.00 handle on Monday.

Source  Fxstreet1718655557
Gold price dives amid rising US yields

Gold prices retreated on Monday due to rising US Treasury bond yields after Federal Reserve (Fed) officials decided to keep rates unchanged and revised their expectations on rate cuts from three to one later in the year.

Source  Fxstreet1718653675
Post-OPEC+ oil price recovery fades away – TDS

Crude Oil's recovery could start to fade as upside momentum eases, TDS Senior Commodity Strategist Ryan McKay notes.

Source  Fxstreet1718636158
Precious metals start the week trading weaker – TDS

Gold (XAU/USD) faces some Commodity Trading Advisor (CTA) selling amid the back-and-forth price action, but the latest Federal Reserve (Fed) meeting generated some demand for the Yellow Metal, Ryan McKay, Senior Commodity Strategist, notes.

Source  Fxstreet1718635257
Silver Price Analysis: Pulling back within a probable downtrend

Silver (XAG/USD) trades a third of a percent lower in the $29.40s on Monday.

Source  Fxstreet1718631767
Copper and Aluminum set to slide on short-term – TDS

The industrial metals continue their descent from their recent euphoric highs, Ryan McKay, Senior Commodity Strategist at TDS, notes.

Source  Fxstreet1718631760
Gold tracks other commodities lower

Gold (XAU/USD) trades marginally lower in the $2,320s on Monday as it joins a broad sell-off in commodities sparked by a run of poor Chinese economic data.

Source  Fxstreet1718621483
Oil ticks up as markets reassess long-term demand outlook

Oil prices are heading slightly higher on Monday, with no big headlines driving up prices. It looks like traders are evaluating and estimating how the shift to Electric Vehicles will impact demand in the medium to long term projections, while an uprising in

Source  Fxstreet1718620200
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet data.

Source  Fxstreet1718615188
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Source  Fxstreet1718609985
Silver Price Forecast: XAG/USD retreats to $29 as Fed officials advocates only one rate-cut this year

Silver price (XAG/USD) falls back to the crucial support of $29.00 in Monday’s European session after a short-lived pullback to near $29.60.

Source  Fxstreet1718606822
WTI holds below $78.00 amid weaker US consumer demand and Chinese data

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.75 on Monday.

Source  Fxstreet1718601275
Gold price drifts lower on Fed rate jitters, $2,300 mark hold the key for bulls

Gold price (XAU/USD) struggles to capitalize on Friday's positive move and attracts fresh sellers on the first day of a new week.

Source  Fxstreet1718594199
Gold Price Forecast: XAU/USD attracts some sellers below $2,350, eyes on Eurozone political concerns

Gold price (XAU/USD) trades on a softer note near $2,325 during the early Asian trading hours on Monday.

Source  Fxstreet1718584756
Gold price surges over 1.3% as soft US inflation data fuels rate cut hopes

Gold's price spiked during the North American session on Friday after inflation data in the United States (US) increased investors' hopes of the Federal Reserve (Fed) cutting interest rates later this year.

Source  Fxstreet1718397888

United States Baker Hughes US Oil Rig Count declined to 488 from previous 492

Source  Fxstreet1718385260
Silver Price Forecast: XAG/USD holds key support of $29 as cooler US CPI boosts Fed rate-cut bets

Silver price (XAG/USD) clings to key support of $29.00 in Friday’s American session.

Source  Fxstreet1718375910
The post OPEC+ sell-off is finally going away – TDS

Commodity Trading Advisors (CTAs) are on the bid with WTI and Brent crude on Friday, analysts at TD Securities note.

Source  Fxstreet1718375680
Copper loses positions amid increasing inventory levels – TDS

The industrial metals continue to slide into the end of the week, analysts at TD Securities say.

Source  Fxstreet1718374566
Gold rushes up on weak US CPI and less hawkish Fed – TDS

Gold (XAU/USD) prices are nearly back to the post-CPI highs seen on Wednesday, analysts at TDS note.

Source  Fxstreet1718374366
WTI Oil Price Analysis: Closing in on cluster of resistance in the $79.00s

WTI Oil is trading in the $78.50s during the US session on Friday.

Source  Fxstreet1718372844
Natural Gas holds above $3 as Europe faces global supply disruptions

Natural Gas price (XNG/USD) recovers slightly on Friday after breaking below a key support level at $3.08 on Thursday. The risk for more downside comes with the political turmoil in Europe, particularly in France, that is causing distress in the European

Source  Fxstreet1718366700
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