Gold’s price (XAU/USD) takes a step back and halts its four-day winning streak on Monday as markets catch up and reprice the recent US Nonfarm Payrolls release. The report further confirms the narrative that the Federal Reserve (Fed) might keep its
Silver price (XAG/USD) falls sharply to near $30.00 after failing to extend its upside above the key hurdle of $30.60 in Monday’s European session.
Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
West Texas Intermediate (WTI) US Crude Oil prices build on Friday's strong move up and gain follow-through positive traction for the third straight day on Monday.
The Silver price (XAG/USD) attracts some sellers to near $30.20 during the early European session on Monday.
Gold prices fell in India on Monday, according to data compiled by FXStreet.
The United States (USD) and the United Kingdom (UK) administration imposed tougher sanctions against Russia's oil industry, targeting nearly 200 vessels of the so-called "shadow fleet," major oil companies, and associated entities, the Office of Foreign Assets Control (OFAC) said on Friday.
Silver Price rises for the seven straight day putting aside the jump in US Treasury bond yields and the US Dollar, after a strong US jobs report calmed Federal Reserve officials about the employment situation in the US.
Gold price rebounded off daily lows on Friday, extending its rally for the fourth consecutive day as traders shrugged off a strong United States (US) Nonfarm Payrolls report.
In Europe, refined product inventories in the ARA region increased by 50kt WoW to 6.77mt. The increase was driven by gasoline stocks which grew by 120kt. All other products saw a decline in inventories with gasoil stocks falling by 35kt.
Oil prices remain well supported with ICE Brent settling 1% higher yesterday, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Gold’s price (XAU/USD) is set to keep its winning streak for a fourth straight day this week, currently trading around $2,680 at the time of writing on Friday.
Silver price (XAG/USD) gains to near $31.30 in Friday’s European session.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
West Texas Intermediate (WTI) Oil price extends gains for the second successive session, trading around $73.90 per barrel during the European hours on Friday.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold price (XAU/USD) trades with a positive bias for the fourth straight day on Friday and is currently placed just below a near four-week high touched the previous day.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.65 on Friday.
Gold's price surged for the third straight day and edged up 0.35% due to safe-haven demand spurred by concerns over Donald Trump’s proposed policies, while the United Kingdom (UK) dealt with a budget crisis.
Gold’s price (XAU/USD) consolidates above the key level of $2,660 on Thursday after breaking and closing above the 55-day Simple Moving Average (SMA) at $2,654 the previous day.
The European natural gas market has also strengthened with TTF briefly trading above EUR50/MWh, ING’s commodity analysts note.
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver prices (XAG/USD) continue their upward trend, extending the winning streak that began on January 1.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Silver price (XAG/USD) continues its upward momentum, rising for the sixth consecutive day to trade near $30.10 per troy ounce, close to three-week highs during Thursday’s Asian session.
Gold price climbed during the North American session after the United States (US) Federal Reserve (Fed) struck a neutral to slightly hawkish tone in last December meeting minutes, hinting that it “would be appropriate to slow pace of easing.” At the time of writing, XAU/USD trades at $2,659, up by 0.34%.
Gold’s price (XAU/USD) edges higher for the second consecutive day and trades around $2,655 on Wednesday after the Institute of Supply Management (ISM) revealed on Tuesday that the prices paid component in the Services sector is turning red hot.
Industrial metals have had a muted start to 2025 with the market weighing the outlook for the year amid geopolitical tensions, the uncertain path for China’s economic recovery and rising protectionism, ING’s commodity analyst Ewa Manthey and Warren Patterson note.