TradingKey - Gold and silver prices surged to historic highs this week before sharply pulling back — but the retreat has not derailed broader bullish sentiment. Analysts say the move reflects a health
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.99 per barrel, down from Thursday’s close at $61.16.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.82 after its previous daily close at $64.99.
Gold prices fell in India on Friday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the early Asian trading hours on Friday. The WTI loses traction amid easing geopolitical tensions in the Middle East. Traders will closely monitor how long the US federal government shutdown will last.
Gold price retreated during the North American session on Thursday after hitting a record high of $4,058, plunges below $4,000 as the Greenback posts solid gains.. XAU/USD trades at $3,978, down 1.5%.
Gold (XAU/USD) trades around $4,021 on Thursday, down 0.50% on the day at the time of writing, yet comfortably holding above the key $4,000 psychological mark.
TradingKey - On October 9, spot silver surged over 3% in a single day, reaching a high of $50.37 per ounce, surpassing the previous COMEX (New York Mercantile Exchange) record of $50.35 set on January
Gold (XAU/USD) steadies on Thursday after smashing through the $4,000 psychological mark and setting a fresh all-time high of $4,059 on the previous day.
Gold’s reversal has been contained above the $4,000 psychological level, and the precious metal appreciates again on Thursday, trading at $4035 at the moment of writing, with the $4,060 record high at a short distance.Precious metals remain bid on Thursday.
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
LME Copper prices moved above $10,800/t (the highest since May 2024) as supply concerns keep the market in tight supply.
Oil prices traded under pressure this morning following reports of easing tensions in the Middle East and a build reported in the weekly US Oil stockpiles.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI gains traction amid a larger-than-expected crude inventory build. However, easing geopolitical tensions in the Middle East might cap its upside.
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.24 per barrel, up from Wednesday’s close at $61.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.81 price posted on Wednesday, and trading at $66.13.
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
TradingKey - After gold’s historic breakthrough above $4,000 per ounce, easing geopolitical tensions in the Middle East have cooled investor enthusiasm, while its overbought technical condition is pro
Gold price rally extends for the third consecutive trading session in the week, hitting a record high of $4,056 a troy ounce, up over 1.70% on the day.
West Texas Intermediate (WTI) Crude Oil is extending its recovery for a fourth consecutive day on Wednesday, with the market staging a fresh leg higher immediately after the release of the US Energy Information Administration’s (EIA) weekly Crude Oil Stocks Change report.
Gold (XAU/USD) marks another milestone on Wednesday, smashing through the $4,000 level for the first time as investors flock to the precious metal amid global economic and political uncertainty, coupled with a dovish Federal Reserve (Fed) outlook.
Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold.
TradingKey - On October 8, spot gold prices broke through $4,000 per ounce for the first time in history, briefly hitting a record high of $4,040. December-delivery New York gold futures also set a ne
US Dollar (USD) is extending its advanced against most currencies, eyeing the upper bound of its range dating back to June. Treasuries are pushing higher, US equity futures are up, and gold prices soared above $4000 per ounce for the first time ever, BBH FX analysts report.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
NYMEX WTI continues to swing upward this morning for a fourth straight session with prices trading fairly above $62/bbl, following a mixed inventory report from the American Petroleum Institute (API).
Spot Gold extended its rally to top $4,000/oz for the first time this morning, as concerns over the US economy and a government shutdown boost demand for safe havens, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold extended its run-up above another fresh intra-day high of 4040, OCBC's FX analysts Frances Cheung and Christopher Wong note.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.95 during the early European trading hours on Wednesday. The WTI extends the rally after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) opt for a modest production increase.
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $61.95 per barrel, up from Tuesday’s close at $61.74.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.56 price posted on Tuesday, and trading at $65.77.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.