Gold (XAU/USD) extends gains on Wednesday, reaching a fresh all-time high above $4,630 ahead of the US session opening.
Gold (XAU/USD) regains a positive footing on Wednesday after a shallow pullback from record highs the previous day, as lingering economic and geopolitical uncertainties continue to underpin safe-haven demand.
Silver (XAG/USD) extends its bullish momentum on Wednesday and trades around $90.50 at the time of writing, up 4.30% on the day.
Prices of Gold and Silver reversed the earlier dip to trade fresh highs for the session. The earlier dip was a knee-jerk response to new margin changes.
Oil prices climbed sharply, with Brent rising toward multi‑week highs near the mid‑$60s as escalating unrest in Iran and the threat of U.S. tariffs on countries trading with Tehran boosted supply disruption fears and added a geopolitical risk premium to crude markets, OCBC's FX analysts Sim Moh Sion
West Texas Intermediate (WTI) Oil price halts its four-day winning streak, trading around $60.40 per barrel during the European hours on Wednesday. Crude Oil prices lost ground as Venezuela resumed exports.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold (XAU/USD) rebounds toward the record high of $4,634.64 reached in the previous session, trading around $4,620.00 per troy ounce on Wednesday.
Silver price (XAG/USD) extends its winning streak for the fourth trading day on Wednesday. The white metal rallies further to near $90.00 during the Asian trading session as demand for safe-haven assets remains firm amid geopolitical tensions.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.70 during the Asian trading hours on Wednesday. The WTI price declines as Venezuela resumes exports and the American Petroleum Institute (API) shows a big build in US crude inventories.
Gold (XAU/USD) retreats modestly on Tuesday following the release of December’s inflation data in the US, which confirmed that prices remain stable, an indication that further rate cuts by the Federal Reserve may lie ahead.
West Texas Intermediate (WTI) US Oil trades around $60.80 per barrel on Tuesday, up 2.45% on the day, extending a four-day bullish move. The US Crude Oil benchmark has returned to its highest levels in two months, supported by a renewed surge in geopolitical tensions in the Middle East.
Gold (XAU/USD) posts moderate losses in a calm trading session on Tuesday, pulling back from all-time highs at $4,630, but still above previous highs in the $4,560 area.
Copper prices rose toward record levels as ongoing supply concerns coincide with strong US imports ahead of potential tariffs, keeping markets on edge, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold (XAU/USD) treads water on Tuesday as the market shifts into wait-and-see mode ahead of the release of US inflation data at 13:30 GMT. At the time of writing, XAU/USD trades around $4,585, consolidating just below Monday’s record peak near $4,630.
Gold surged to fresh record highs above $4,600 an ounce as geopolitical tensions, fiscal uncertainty, and strong central bank buying fueled demand for safe-haven assets, ING's commodity experts Ewa Manthey and Warren Patterson note.
European Natural Gas prices surged, with TTF rising 6.6% to above €30/MWh as colder weather boosted heating demand and unrest in Iran raised concerns over LNG and pipeline supplies, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil prices rallied for a third consecutive day yesterday, with ICE Brent trading close to US$64/bbl. The prompt ICE Brent timepsread has also strengthened through January amid growing supply risks, ING's commodity experts Ewa Manthey and Warren Patterson note.
The US benchmark WTI Oil has appreciated more than $4 per barrel in a four-day rally, reaching nearly two-month highs at $60.50 on Tuesday, before pulling back to the $60.00 area.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $85.74 per troy ounce, up 0.68% from the $85.17 it cost on Monday.
West Texas Intermediate (WTI) Oil price extends its gains for the fourth successive session, trading around $59.70 per barrel during the European hours on Tuesday.
Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) is seen consolidating below the all-time peak, touched the previous day, and the $4,600 mark during the Asian session on Tuesday as traders opt to wait for the release of the latest US consumer inflation figures.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.55 during the early Asian trading hours on Tuesday. The WTI price gains traction over one-month highs amid rising tensions in Iran.
Gold Price (XAU/USD) jumps to near $4,600 during the early Asian session on Tuesday. The precious metal extends the rally after retreating from a fresh record high of $4,630 in the previous session amid uncertainty and geopolitical risks.
Gold (XAU/USD) rallies to new record high past $4,600 on Monday due to safe-haven flows courtesy of the US Department of Justice, which presented charges against the Federal Reserve Chair Jerome Powell over the building’s renovations. At the time of writing, XAU/USD trades at $4606, up more than 2%.
Silver (XAG/USD) trades around $85.40 on Monday at the time of writing, up 7.00% on the day. Silver is holding onto most of its gains and is moving closer to its all-time high of $58.87 set on December 28, against a backdrop of heightened risk aversion and a strong shift toward safe-haven assets.
TradingKey - With escalating global geopolitical tensions, a weakening US dollar, and rising market expectations for future rate cuts, gold and silver have surged recently, both hitting fresh all-time