News

Silver Price Forecast: Reclaims $60 as RSI recovery targets $65 breakout

Silver prices reclaim the $60.00 mark for the second straight day and extend their weekly gains to over 5.50%, trading at $62.42 amid broader US Dollar weakness that is pushing the white metal to an eight-day high of $62.89.

Source  Fxstreet1783103619
Gold price climbs as weak NFP cool Fed hike bets

Gold (XAU/USD) price rises by more than 1% on Friday as investors digest a softer-than-expected US jobs report, trimming hawkish bets despite higher inflation. At the time of writing, the XAU/USD pair trades at $4,174, after bouncing off daily lows of $4,121.

Source  Fxstreet1783103069
Copper: Tariff risks and Chile supply strain – Commerzbank

Commerzbank analyst Norman Liebke reports that the Copper market is focused on a potential 15% US import tariff on refined Copper, which could temporarily boost US demand and prices if implemented in 2027.

Source  Fxstreet1783100820
WTI Crude Oil advances on softer US jobs data and lingering Middle East tensions

West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the day, recovering part of its recent losses as the US Dollar (USD) weakens following softer-than-expected US employment data.

Source  Fxstreet1783096874
Oil: Market expectations diverge from data – Commerzbank

Commerzbank’s Commodity Research team, led by Norman Liebke and colleagues, notes that Oil prices have fallen as optimism grows over US–Iran talks and a potential reopening of the Strait of Hormuz.

Source  Fxstreet1783090688
Oil Market Enters Phase of Cooling, Brent Crude Trades Near $72, Citi Forecasts Oil Price May Fall to $60

Tradingkey - On July 3, Eastern Time, the US stock market is closed today due to the Independence Day holiday. Trading of precious metals, energy, foreign exchange, US Treasuries, and stock index futu

Source  Tradingkey1783088809
Gold: Price rebound seen as corrective – Commerzbank

Commerzbank’s Carsten Fritsch notes that the Gold price has rebounded toward USD 4,200 per ounce after steep second-quarter losses, helped by weaker US labour data and reduced rate hike expectations.

Source  Fxstreet1783084943
Aluminium: Gulf supply disruptions seen temporary – ING

ING analysts Warren Patterson and Ewa Manthey say LME Aluminium fell towards $3,000/t as markets unwound the geopolitical risk premium from earlier Middle East tensions.

Source  Fxstreet1783080768
Gold extends gains as weak US NFP data dents Fed rate hike expectations

Gold (XAU/USD) extends gains on Friday as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday batters the US Dollar (USD) and cools expectations of an imminent Federal Reserve (Fed) interest rate hike.

Source  Fxstreet1783079990
Silver climbs above $62 on fading Fed rate hike expectations

Silver (XAG/USD) advances to $62.35 on Friday at the time of writing, up 2.32% on the day, as investors increase exposure to precious metals following the release of a weaker-than-expected US employment report.

Source  Fxstreet1783079380
Gold: Rebound tests major resistance band – Societe Generale

Societe Generale analysts note that Gold has held the $3,930/3,885 support zone linked to the November 2025 low and rebounded sharply.

Source  Fxstreet1783077440
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $62.60 per troy ounce, up 2.72% from the $60.94 it cost on Thursday.

Source  Fxstreet1783071029
WTI Price Forecast: Hovers around mid-$68.00s amid oversold RSI; bearish potential intact

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh sellers following an intraday uptick to the $69.25 area on Friday, its modest bounce from the lowest level since late February touched the previous day.

Source  Fxstreet1783069180
Gold: Higher range forming as Fed risks ease – TD Securities

TD Securities’ Bart Melek notes that weaker US jobs data and reduced odds of a 2026 Fed rate hike have driven Gold above $4,100/oz. The bank expects Gold to trend toward $4,280/oz near term, with support near $3,900/oz holding.

Source  Fxstreet1783068680
Silver Price Forecast: Cooling Non-Farm Payrolls Weaken Fed Rate Hike Expectations, Silver Expected to rebound Toward $70.

TradingKey - As of the Asian session on July 3, silver ( XAGUSD) prices extended yesterday's post-NFP rebound momentum, reclaiming the level above $62. Technical indicators suggest that silver may con

Source  Tradingkey1783064842
Gold: Softer US data boosts safe-haven demand – ING

ING’s commodities strategists highlight that Gold rallied after weaker US jobs data reduced fears of further Federal Reserve rate hikes. Lower Treasury yields and a softer Dollar improved the appeal of non-yielding assets.

Source  Fxstreet1783060738
WTI holds gains above $69.00 on a weaker US Dollar

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.10 during the early European trading hours on Friday. The WTI price recovers some lost ground on a weaker US Dollar (USD) ahead of a long holiday weekend in the United States (US). 

Source  Fxstreet1783058555
Gold advances to $4,200 neighborhood as reduced Fed hike bets keep USD depressed

Gold (XAU/USD) is seen building on this week's recovery move from its lowest level since November 2025 and gaining positive traction for the third straight day on Friday.

Source  Fxstreet1783050921
WTI remains below $68.50 amid easing Middle East tensions

West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencing a notable cooling period as geopolitical tensions in the Middle East begin to ease.

Source  Fxstreet1783040025
Iran vows “decisive response” to any US “miscalculation”

Iran’s joint military command warned any US interference in the Strait of Hormuz will be met with a “decisive and swift response” as tensions continue to roil negotiations, Aljazeera news agency reported on Thursday.

Source  Fxstreet1783035207
Gold surges as weak US NFP knocks US Dollar

Gold (XAU/USD) price soars over 2% on Thursday after the latest US employment report reduced the chances of a Federal Reserve (Fed) rate hike and pushed the US Dollar (USD) and US Treasury yields lower. The XAU/USD pair trades at $4,111 after bouncing off daily lows of $4,032.

Source  Fxstreet1783018723
Crude Oil forgets the war and shrugs at the tollbooth

Crude Oil finished Thursday at its lowest level in 18 weeks, which means the vast risk premium that built up around this year's conflict has fully bled away, back to pre-war levels.

Source  Fxstreet1783016392

United States Baker Hughes US Oil Rig Count increased to 445 from previous 440

Source  Fxstreet1783011656
Silver Price Forecast: Weak NFP pushes XAG/USD to the top of its weekly range

Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD trades around $61.15, up nearly 3.50% on the day.

Source  Fxstreet1783006446
Here's where Gold could head next after the WGC pencils in $5,000 as upside ceiling

Gold prices are expected to trade broadly stable in the second half of the year, seesawing within a 5% range from current levels of around $4,100 per troy ounce, according to analysts at the World Gold Council (WGC).

Source  Fxstreet1782991471
$4,000: Gold defends key support as traders await US NFP

Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week.

Source  Fxstreet1782990729
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $59.92 per troy ounce, up 1.38% from the $59.10 it cost on Wednesday.

Source  Fxstreet1782984664
WTI Price Forecast: Consolidates below $68.00, lowest since February amid oversold RSI

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – enters a bearish consolidation phase near its lowest level since late February, set earlier this Friday.

Source  Fxstreet1782983006
Silver Price Forecast: XAG/USD rises to near $59.60 as US Dollar slumps ahead of US NFP data

Silver price (XAG/USD) trades 0.9% higher to near $59.65 during the European trading session on Thursday. The white metal gains as the US Dollar (USD) slumps ahead of the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT.

Source  Fxstreet1782981395
Brent: Dovish momentum with geopolitical support – Deutsche Bank

Deutsche Bank’s Early Morning Reid, authored by Henry Allen and colleagues, highlights a sharp decline in Brent Oil as geopolitical developments ease inflation concerns. Brent crude has fallen to a four‑month low near $71.57/bbl and extended losses toward $70.81/bbl.

Source  Fxstreet1782981137
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