Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $65.76 per troy ounce, up 3.29% from the $63.67 it cost on Tuesday.
European Gas prices remain under pressure as mild weather weighs on demand, but below-average EU storage levels and a heavily short-positioned market could provide support if colder conditions materialize later this month, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil prices slid sharply as surplus fears intensified, pushing Brent below $60 per barrel, though supply risks and falling US Crude inventories offered limited near-term support, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Silver price (XAG/USD) posts a fresh all-time high near $66 during the Asian trading session on Wednesday. The white metal extends its bull run as weak United States (US) employment data, Retail Sales, and flash S&P Global Purchasing Managers’ Index (PMI) data raise economic concerns.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $55.75 during the Asian trading hours on Wednesday. The WTI price climbs amid rising volatility around Latin American crude supply.
Gold price (XAU/USD) extends its upside to near seven-week highs above $4,300 during the Asian trading hours on Wednesday. The precious metal gains momentum as the US labor market remains relatively resilient but shows signs of slowing.
US President Donald Trump ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela, Reuters reported late Tuesday.
Gold (XAU/USD) reverses its course on Tuesday after traders digested the latest US jobs report, which highlighted the labor market weakness and pushed the yellow metal towards a daily high at $4,335 before reversing course, losing 0.23% at the time of writing. XAU/USD trades at $4,296.
West Texas Intermediate (WTI) Crude Oil remains under pressure on Tuesday, extending its decline for a fourth consecutive day as persistent oversupply concerns continue to dominate market sentiment.
Russia’s top Palladium producer expects a notable supply deficit for Platinum in 2025, while Palladium remains mostly balanced, highlighting diverging market views compared with the World Platinum Investment Council’s forecasts, Commerzbank's commodity analyst Carsten Fritsch notes.
Platinum and Palladium prices rose sharply this week, driven by record-high Silver and Gold levels and prospects of increased demand from the European automotive sector following indications of a softer 2035 combustion engine ban, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold dipped below $4,300 per ounce as investors awaited today’s US labor market data, with weaker-than-expected figures likely to support prices, while stronger results could trigger volatility by shifting Fed policy expectations, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold (XAU/USD) trades on the back foot on Tuesday as traders trim exposure ahead of a heavy US economic data docket that could reshape expectations for the Federal Reserve’s (Fed) monetary policy path into 2026.
Brent Crude fell below $60 per barrel this morning, marking the lowest level in more than seven months, while WTI closed at its weakest since February 2021.
Gold price (XAU/USD) trades 0.6% lower to near $4,270 during the European trading session on Tuesday. The yellow metal faces intense selling pressure as profit-booking kicks in after revisiting the all-time high above $4,350.
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $63.15 per troy ounce, down 1.41% from the $64.06 it cost on Monday.
Renewed optimism over a Russia-Ukraine ceasefire weighed on the Oil market yesterday. ICE Brent settled a little more than 0.9% lower, leaving it at $60.56/bbl -- the lowest close since May.
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Silver (XAG/USD) attracts some sellers during the Asian session on Tuesday and reverses a part of the previous day's move up back closer to the record high. The white metal slides further below mid-$62.00s in the last hour, losing over 2.5% for the day.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.35 during the Asian trading hours on Tuesday. The WTI price remains under selling pressure amid renewed signs of optimism surrounding a deal to end the war in Ukraine.
Gold price (XAU/USD) extends its upside to around $4,305, the highest since October 21, during the early Asian trading hours on Tuesday. The precious metal edges higher on further US Federal Reserve (Fed) cut bets. The US Nonfarm Payrolls (NFP) report will take center stage later on Tuesday.
Gold (XAU/USD) holds firm on Monday after hitting a daily high of $4,350 earlier, but traders booking profits sent the yellow metal to erase its earlier gains as the Greenback continues to print losses. XAU/USD trades at $4,296 virtually unchanged.
Gold (XAU/USD) kicks off the week on a firm footing, extending its advance for a fifth consecutive day as uncertainty over the Federal Reserve’s (Fed) monetary policy outlook keeps traders defensive.
Gold has confirmed a bullish breakout above its multi-week consolidation, signalling a renewed uptrend.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $63.83 per troy ounce, up 3.19% from the $61.85 it cost on Friday.
West Texas Intermediate (WTI) US Crude Oil prices attract some buying during the Asian session on Monday and for now, seem to have snapped a two-day losing streak.
Gold prices rose in Philippines on Monday, according to data compiled by FXStreet.
Gold prices rose in India on Monday, according to data compiled by FXStreet.