News

WTI regains ground near $80 amid continued energy supply risks

West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% higher around $81.40 during the early European trading session on Friday.

Source  Fxstreet1786686503
Gold extends pullback from two-month high as Iran risks counter receding Fed hike bets

Gold (XAU/USD) is seen extending the previous day's pullback from the vicinity of the $4,450 level, or the highest since June 5, and drifting lower for the second straight day on Friday.

Source  Fxstreet1786678894
Silver Price Forecast: XAG/USD extends correction as energy supply concerns remain intact

Silver price (XAG/USD) is down 1% to near $63.80 during the Asian trading session on Friday.

Source  Fxstreet1786677644
Iran says Strait of Hormuz is under its control and management 

A senior Islamic Revolutionary Guards Corps (IRGC) official, Hossein Taeb, said on Thursday that the Strait of Hormuz is "under Iran's control and management" after US President Trump said Washington has "total control" over the waterway, Fox News reported. 

Source  Fxstreet1786665170
Gold drifts higher above $4,350 as softer US PPI data reduces September Fed hike bets

Gold price (XAU/USD) holds positive ground near $4,360 during the early Asian session on Friday. The precious metal gains momentum following US inflation data. Traders will take more cues from the US July Retail Sales report, which is due later on Friday. 

Source  Fxstreet1786663666
Crude Oil sells a glut that never left the dock

The largest weekly build in American Crude Oil inventories in three and a half years landed on Wednesday into a market that two forecasting agencies spent the same morning describing as physically short, and the barrel has been selling since.

Source  Fxstreet1786648533
Gold slips as US Dollar recovers despite softer US factory inflation

Gold (XAU/USD) price declines on Thursday as the US Dollar (USD) trims some of its earlier losses, as economic data in the US showed that the disinflation process continues, amid a moderately softening jobs market.

Source  Fxstreet1786644810
Natural gas: Storage worries with TTF higher – ING

ING’s Warren Patterson and Ewa Manthey highlight that European gas prices have firmed, with TTF above EUR 60/MWh, even as positioning data show funds trimming net longs.

Source  Fxstreet1786639140
WTI Oil Price Forecast: Momentum turns flat as Bollinger Bands expand

West Texas Intermediate (WTI) Oil trades modestly lower on Thursday as traders weigh weaker demand forecasts from OPEC and the International Energy Agency (IEA) against supply disruptions in the Middle East. At the time of writing, WTI trades around $80.50 per barrel, down 1.35% on the day.

Source  Fxstreet1786624460
Gold Price Forecast: XAU/USD stands tall at two-month highs above $4,380

Gold (XAU/USD) posts marginal losses on Thursday, after meeting resistance at the $4,450 area, yet with price action holding just above previous highs around $ 4,380 at the time of writing.

Source  Fxstreet1786621940
Silver slips below $65, but cooling US inflation keeps downside in check

Silver (XAG/USD) trades lower around $64.90 on Thursday at the time of writing, down 0.64% on the day. The white metal consolidates after its recent advance as investors refrain from taking large positions ahead of the release of US producer inflation data.

Source  Fxstreet1786621280
Gold retreats from two-month high as traders await US PPI

Gold (XAU/USD) comes under selling pressure on Thursday, erasing all the gains recorded in the previous day after hitting a fresh two-month high of $4,449 during Asian trading hours. At the time of writing, the precious metal trades around $4,386, down 0.52% on the day.

Source  Fxstreet1786618630
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $64.48 per troy ounce, down 1.30% from the $65.32 it cost on Wednesday.

Source  Fxstreet1786613556
WTI Price Forecast: Prolonged energy supply concerns remain key tailwind

West Texas Intermediate (WTI), futures on NYMEX, trades 0.5% higher at around $82.10 during the European trading session on Thursday. The oil price reflects strength as fears of a prolonged energy supply disruption continue to act as a key tailwind for oil prices.

Source  Fxstreet1786606607
Gold Price Forecast: Cooling CPI Weakens Fed Rate Hike Expectations, Can PPI Push Gold Above $4,500?

TradingKey - As of the Asian session on August 13, gold prices (XAUUSD) pulled back intraday after yesterday's CPI pushed prices up to near $4,450, with the latest price trading around $4,380. This in

Source  Tradingkey1786605730
Gold: Upside capped by Fed hike risks – TD Securities

TD Securities’ Bart Melek notes Gold extended gains after the July Consumer Price Index (CPI) matched expectations, reinforcing a dovish narrative around Fed Chair Warsh.

Source  Fxstreet1786605037
Oil: Supply disruptions raise deficit risks – ING

ING analysts Warren Patterson and Ewa Manthey note Oil prices have eased, with Brent crude ending largely flat as US-Iran talks remain in deadlock and Russian port infrastructure escapes major damage.

Source  Fxstreet1786602781
India Gold price today: Gold falls, according to FXStreet data

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

Source  Fxstreet1786595708
Gold retreats from June 5 high as oil-driven Fed rate-hike bets underpin USD

Gold (XAU/USD) retreats after touching a fresh high since June 5, around the $4,450 area, during the Asian session on Thursday and is currently placed near the lower end of its daily range.

Source  Fxstreet1786592648
Silver Price Forecast: XAG/USD wobbles around $65.40, easing hawkish Fed bets strengthen outlook

Silver price (XAG/USD) trades in a tight range at around $65.40 during the Asian trading session on Thursday. The Silver price struggles for a direction; however, an expected slowdown in United States (US) inflationary pressures in July has improved its outlook.

Source  Fxstreet1786591775
Gold edges lower to near $4,400 as Iran-US tensions counter support from tame US inflation

Gold price (XAU/USD) declines to around $4,400 during the early Asian session on Thursday, pressured by escalating geopolitical tensions between the United States (US) and Iran.

Source  Fxstreet1786577352
Commodities: Weaker Dollar lacks growth catalyst – BNY

Geoff Yu at BNY says a less hawkish Fed has weakened the Dollar, but this has not translated into a broad commodity rally. Institutional investors remain sellers of metals and miners, while EM commodity sovereign debt continues to struggle and commodity FX buying has faded.

Source  Fxstreet1786576680
Silver Price Forecast: XAG bullish with eyes on 200-day SMA

Silver price surges over 1.40% on Wednesday as the latest inflation report in the United States (US) shows that prices are cooling, on its way towards the Federal Reserve’s goal of 2%. The XAG/USD trades at $65.53.

Source  Fxstreet1786562127
Gold price shines above $4,400 as inflation dip fuels Fed relief

Gold price (XAU/USD) registers gains of over 1% on Wednesday as US inflation data aligns with estimates, easing the Federal Reserve’s (Fed) task of further tightening monetary policy. The Consumer Price Index (CPI) continues its downward trajectory.

Source  Fxstreet1786561532
WTI holds firm as Strait of Hormuz concerns outweigh sharp US inventory build

West Texas Intermediate (WTI) Oil trades in a narrow range on Wednesday as traders weigh a sharp rise in US crude inventories against persistent supply risks in the Middle East. At the time of writing, WTI trades around $82.20 per barrel, hovering near a one-and-a-half-week high.

Source  Fxstreet1786555174
Oil: Tightening supply supports elevated prices – BNY

BNY notes Crude Oil prices remain elevated as doubts over a U.S.–Iran deal heighten supply concerns. The IEA reports global Oil markets tightened further in July, with demand, supply, refining runs and inventories all affected by geopolitical disruptions and high fuel prices.

Source  Fxstreet1786547993
Silver jumps more than 2% after US inflation meets expectations

Silver (XAG/USD) accelerates its advance on Wednesday and trades around $66.00 at the time of writing, up 2.18% on the day.

Source  Fxstreet1786547125

United States EIA Crude Oil Stocks Change above forecasts (-1.4M) in August 7: Actual (17.422M)

Source  Fxstreet1786545310
Oil: Chinese demand recovery could lift prices – NBC

National Bank of Canada's (NBC) Jocelyn Paquet analyzes how China’s sharp reduction in petroleum imports helped offset the Middle East supply shock and limit Oil price gains. The July rebound in Chinese imports is highlighted as historically large in percentage terms.

Source  Fxstreet1786539041
IEA forecasts 4.3 million bpd drop in global Oil supply

The International Energy Agency (IEA) cut its global Oil supply and demand forecasts for 2026 amid shipping disruptions in the Middle East.

Source  Fxstreet1786537688
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