Gold (XAU/USD) rebounds sharply on Thursday after falling to a one-month low of $3,268 on Wednesday, pressured by stronger-than-expected US data and the Federal Reserve’s (Fed) decision to keep interest rates unchanged.
Gold price (XAU/USD) trades almost 1% higher around $3,315 during the European trading session on Thursday.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Comex Copper prices are under significant pressure, falling almost 19% after the White House provided further details on Copper tariffs set to take effect on 1 August, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil prices firmed further yesterday, driven by a shortened deadline for Russia to come to a peace deal with Ukraine and threats of secondary tariffs on countries importing Russian Oil.
West Texas Intermediate (WTI) Oil price halts its three-day winning streak, trading around $69.60 per barrel during the early European hours on Thursday. Crude Oil prices struggle, possibly driven by a surprise build in the United States (US) crude stocks.
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $69.45 per barrel, down from Wednesday’s close at $69.83.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $72.24 after its previous daily close at $72.61.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold price tumbled over 1.50% on Wednesday after the Federal Reserve, decided to hold rates unchanged, on a 9-2 split vote. Fed Chair Jerome Powell's leaning hawkish at the press conference, alongside strong Gross Domestic Product (GDP) figures for Q2 2025, weighed Bullion prices.
TradingKey - On July 30, local time, the White House announced that President Trump had signed an executive order imposing a 50% universal tariff on imported semi-finished copper and copper-intensive
Gold Price extends its losses on Wednesday after the Federal Reserve’s held interest rates unchanged though not unanimously as two dissenters, being Fed Governor Christopher Waller and Michelle Bowman. The XAU/USD traded volatile hoovering near $3,300 yet it remains down 0.71%.
Silver (XAG/USD) drifts lower on Wednesday, hovering around $37.50 after two days of muted, range-bound trading, pressured by renewed strength in the US Dollar (USD). The Greenback extended its rally after a string of stronger-than-expected US economic data, putting pressure on precious metals.
WTI and Brent crude rose on sanctions fears and heavy CTA buying, but positioning limits in WTI and rising global supply suggest limited upside. Prices may ease after summer as OPEC+ and US output continue to grow, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold (XAU/USD) is treading water on Wednesday, hovering near $3,327 during the European trading session. The precious metal is attempting to stabilize after falling to a three-week low of $3,301.90 on Monday.
Gold (XAU/USD) is moving higher on Wednesday, favoured by a somewhat softer US Dollar, as investors trim their recent USD long positions ahead of the US Preliminary GDP release and the Fed monetary policy decision, due later today.
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
Silver price (XAG/USD) loses ground after registering losses in the previous two sessions, trading around $38.10 per troy ounce during the European hours on Wednesday.
Oil prices surged higher yesterday, with ICE Brent up more than 3.5% and settling at the highest level in over a month. This was after President Trump confirmed that he’s giving Russia 10 days to come to a truce with Ukraine.
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $68.72 per barrel, down from Tuesday’s close at $68.91.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $71.56 after its previous daily close at $71.75.
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) US Crude Oil rose at its fastest single-day pace in over a month after US President Donald Trump announced that he's giving Russia just ten days to reach an acceptable resolution on Ukraine, or face stiff economic sanctions and penalties.
Gold (XAU/USD) steadies on Tuesday, halting a four-day slide after dipping to a near three-week low around $3,300 on Monday.
The price of Gold has slipped further in light of the preliminary resolution of the trade dispute between the EU and the US, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen reports.
The Joint Ministerial Monitoring Committee (JMMC) of OPEC+ held its regular bimonthly meeting virtually yesterday, Commerzbank's commodity analyst Carsten Fritsch notes.
The US government is apparently considering allowing US Oil companies to resume limited operations in Venezuela. This was reported by five sources familiar with the matter, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold price (XAU/USD) struggles to gain ground after a four-day sell-off near the round level of $3,300 during the European trading session on Tuesday.
Silver prices (XAG/USD) broadly unchanged on Tuesday, according to FXStreet data.
Copper prices on Comex slumped after Chile’s finance minister said the country will push for an exemption for a planned US tariff on the metal. Trade talks between the US and Chile started in Washington on Monday, ING’s commodity analysts Warren Patterson and Ewa Manthey note.