Societe Generale’s Commodity Compass Analytics team, led by Michael Haigh and Jeremy Sellem, argues that Copper has been increasingly driven by AI-related demand, arbitrage flows and US trade policy since February 2025.
West Texas Intermediate (WTI) US Oil falls 1.55% on Monday and trades around $85.00 at the time of writing, giving back some of its recent gains as investors take profits ahead of the announcement of new US sanctions against Iran.
Societe Generale analysts highlight that Gold has broken out of a small base formation, reclaimed its 200‑DMA and is enjoying an extended rebound. The move is framed within broader Dollar debasement concerns and rising term premium.
Gold (XAU/USD) extends its advance on Monday, building on the strong rally seen last week following the US Treasury’s buyback announcement. At the time of writing, XAU/USD trades around $4,644, up nearly 0.90% on the day, at levels last seen on May 15.
Gold (XAU/USD) maintains a bullish bias on Monday and trades near its highest levels since mid-May.
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $68.80 per troy ounce, down 0.25% from the $68.98 it cost on Friday.
TradingKey - As of the European session on August 24, gold (XAUUSD) extended last week's strong momentum today, holding firmly above $4,600 intraday and peaking at $4,659.92, hitting a near three-mont
TD Securities’ Bart Melek notes that Gold has rallied sharply as recent U.S. Dollar weakness and concerns over Fed credibility and Treasury bond-market intervention drive fresh long positioning.
Danske Research Team highlights renewed geopolitical tension around Iran as Washington prepares tougher sanctions that could hit Oil flows from the Gulf.
ING Commodities Strategist Ewa Manthey highlights that Gold has rebounded from its July lows near $4,000/oz to around $4,600/oz, supported by renewed investment demand, a weaker Dollar and mounting concerns over the US fiscal outlook.
Crude prices are trimming some of last week’s gains on Monday. The US benchmark West Texas Intermediate Oil is changing hands at $85.35, with investors awaiting details of a new package of US sanctions against Iran that might extend to Russia or China.
Gold (XAU/USD) builds on last week's breakout momentum above a technically significant 200-day Simple Moving Average (SMA) and climbs above $4,650 during the Asian session on Monday, hitting a fresh high since mid-May.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Silver (XAG/USD) seesaws between tepid gains and minor losses around the $69.00 mark through the Asian session on Monday. The white metal, however, remains within striking distance of a two-month high, around the $70.00 psychological mark touched on Friday, and seems poised to appreciate further.
Gold price (XAU/USD) gains traction to around $4,625 during the early Asian trading hours on Monday. The precious metal climbs to the highest since May 15 as the US Treasury's buyback support plan weighs on the US Dollar (USD).
TradingKey - Brent crude futures rose to touch $93 a barrel, up 1.41% on the day to hit a new high since July 24. Since August 5, Brent crude prices have surged over 20%. Currently, renewed geopolitic
Silver prices rally for the third straight day, up more than 2% and, for the week, gains over 7.40%, as a firm US Dollar is not an excuse for precious metals buyers, who are choosing flight-to-quality over haven demand due to the difficult US fiscal stance.
Gold price hits a three-month high and is poised to end the week with gains of over 5.6%, even though business activity in the services sector in the US was solid. Recent developments in the Middle East and a softer US Dollar underpin the yellow metal, which has surpassed the $4,600 threshold.
TradingKey - Spot gold (XAUUSD) broke through the $4,600 mark on August 21 Eastern Time and is heading toward $4,700. This is also the first time gold has returned to this level since May 15.Looking a
Norman Liebke at Commerzbank warns that low European gas storage, suspended LNG exports from Qatar and the end of the refilling phase are keeping European gas prices elevated.
TD Securities’ Ryan McKay and Bart Melek note that Gold and broader precious metals are trading in a higher range that could trigger another round of CTA (Commodity Trading Advisors) buying.
West Texas Intermediate (WTI) US Oil trades around $86.50 on Friday at the time of writing, up 0.63% on the day. US Oil remains close to Thursday’s high of $87.38, its highest level in more than three weeks, as concerns about global energy supplies continue to support prices.
Commerzbank’s Carsten Fritsch notes Gold has surged, breaking above USD 4,500 per troy ounce as safe‑haven demand rises on US debt concerns and a weaker Dollar.
Silver (XAG/USD) accelerates its advance on Friday and trades around $69.75 at the time of writing, up 2.41% on the day. The white metal reaches its highest level in two months and is on track for a weekly gain of more than 7%, mainly supported by persistent weakness in the US Dollar (USD).
Gold (XAU/USD) is heading for a third consecutive weekly gain on Friday, extending an impressive rally that has lifted the precious metal by around 13% so far this month. At the time of writing, XAU/USD trades near $4,590 after briefly climbing above $4,600, its highest level since May 15.
Gold (XAU/USD) extends gains on Friday, with bulls aiming for a retest of the $4,600 resistance area, the top of the last six months' trading range.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $69.94 per troy ounce, up 2.67% from the $68.12 it cost on Thursday.
West Texas Intermediate (WTI), futures on NYMEX, trade flat near $86.00 during the European trading session on Friday, closer to its over three-week high of $87.38 posted the previous day.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.00 during the early Asian trading hours on Tuesday. WTI steadies near one-month highs as traders continue to digest the Middle East developments.
Gold prices rose in India on Friday, according to data compiled by FXStreet.