Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of writing, XAU/USD trades at $4,096, up by 0.53%, after hitting a daily high of $4,101.
West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day.
Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline.
Swiss Gold exports fell sharply in October, particularly to China and India, reflecting signs of slowing demand after Gold prices hit record highs, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold (XAU/USD) trades on the back foot on Friday, weighed down by fading hopes of a December interest rate cut from the Federal Reserve (Fed).
Gold (XAU/USD) has retraced gains from the previous three days, with precious metals on retreat as investors pare back hopes of a Federal Reserve rate cut in December.
1. IntroductionFrom the start of this year to mid-October, the gold market witnessed a substantial rally, with prices surging from $2,057 per ounce to $4,357 per ounce, representing a remarkable incre
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Oil prices depreciated for the third consecutive day on Friday, with the US benchmark West Texas Intermediate breaking below the $58.00 line for the first time since late October, as the US administration works to reach a peace deal between Russia and Ukraine.
TradingKey - The U.S. government released the delayed September nonfarm payrolls report last week, showing a stronger-than-expected 119,000 jobs added—far exceeding the forecast of 50,000. However, th
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $58.18 per barrel, down from Thursday’s close at $58.66.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.16 after its previous daily close at $62.60.
Silver price (XAG/USD) revisits the weekly low around $49.50 during the European trading session on Friday. The white metal faces selling pressure as traders remain confident that the Federal Reserve (Fed) will not cut interest rates in the December policy meeting.
West Texas Intermediate (WTI) Oil price extends its losses for the third consecutive session, trading around $ 58.00 per barrel during the Asian hours on Friday.
Gold (XAU/USD) attracts fresh sellers during the Asian session on Friday, though it remains confined in the weekly range amid mixed fundamental cues.
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal Reserve (Fed) rate cut expectations.
Gold (XAU/USD) retreats on Thursday during the North American session following the release of the September US jobs report, which fared better than expected, crushing forecasts. At the time of writing, XAU/USD trades at $4,061, down 0.38%.
West Texas Intermediate (WTI) Crude steadies on Thursday after falling more than 2% on the previous day, as market sentiment turns cautious ahead of the US sanction deadline on two major Russian oil firms. At the time of writing, WTI is trading around $59.70, up nearly 0.70% on the day.
Gold’s recent strength has been powered largely by hedge funds and retail investors, whose inflows have far exceeded official-sector demand.
Silver (XAG/USD) trades around $50.80 on Thursday at the time of writing, down 0.70% on the day. The white metal is paring part of the earlier weekly advance, after prices briefly tested the $52.00 area before being rejected as the US Dollar (USD) regained strength.
Gold (XAU/USD) trades slightly weaker on Thursday, holding within a choppy intraday range as investors stay on the sidelines ahead of the delayed September Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAU/USD is trading near $4,057, down roughly 0.45%.
Gold price (XAU/USD) trades 0.5% lower to near $4,052.00 during the European trading session on Thursday. The yellow metal faces selling pressure as traders have trimmed bets supporting an interest rate cut by the Federal Reserve (Fed) in the December policy meeting.
Oil prices have ticked up from Wednesday’s lows at $58.65, reaching session highs above $59.60 at the time of writing.
Chile, the biggest Copper producer, raised its price forecasts for this year and next, ING's commodity experts Ewa Manthey and Warren Patterson note.
European natural Gas prices fell nearly 2.4% on Wednesday, pressured by reports of U.S.–Russia peace discussions despite colder weather accelerating storage withdrawals, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil prices came under pressure yesterday, with ICE Brent settling about 2.1% lower, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $59.34 per barrel, up from Wednesday’s close at $59.28.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $63.15 price posted on Wednesday, and trading at $63.21.
Gold (XAU/USD) attracts fresh sellers following an Asian session uptick to the $4,110 region on Thursday and retreats further from the weekly high, touched the previous day.
Silver (XAG/USD) attracts some sellers following an Asian session uptick to the $51.85 region and moves further away from the weekly high, touched the previous day.