News

WTI Price Forecast: Bears await acceptance below $88.00, 50% Fibo. support breakdown

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – comes under some renewed selling pressure during the Asian session on Thursday, reversing the previous day's modest recovery gains.

Source  Fxstreet1790831759
Gold bulls seem hesitant as resilient US Dollar and yields cap upside

Gold (XAU/USD) attracts some dip-buyers near the $4,139 region during the Asian session on Thursday, stalling the previous day's pullback from the $4,220 area, touched in reaction to softer-than-expected US inflation data.

Source  Fxstreet1790830491
India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Thursday, according to data compiled by FXStreet.

Source  Fxstreet1790829062
WTI falls to near $89.00 as Middle East oil shipments recover

West Texas Intermediate (WTI) oil price loses ground after posting modest gains in the previous day, trading around $89.10 per barrel during Asian hours on Thursday.

Source  Fxstreet1790817632
US Secretary Rubio orders Iranian delegation to leave the country

The US official stated on Monday that US Secretary of State Marco Rubio told the Iranian delegation to the United Nations General Assembly immediately leave the United States (US) after talks stalled, Axios reported. 

Source  Fxstreet1790814943
Gold can’t catch a PCE break as long US yields keep climbing

Gold prices (XAU/USD) retreated on Wednesday, down 0.6%, after US inflation data came in above the Federal Reserve’s (Fed) 2% goal but below estimates, prompting investors to price in a less hawkish central bank than expected. The XAU/USD trades at $4,155 at the time of writing.

Source  Fxstreet1790791363
WTI set for monthly gain amid US-Iran stalemate

West Texas Intermediate (WTI) Oil rebounds on Wednesday and remains on track for a monthly gain of around 5.5%. The lack of progress in US-Iran negotiations to reopen the Strait of Hormuz keeps geopolitical risks elevated, even as Middle East supply conditions improve.

Source  Fxstreet1790789436
Bitcoin and Gold Outlook: BTC recovers $84K, XAU slips amid softer US PCE

Bitcoin (BTC) gains traction, rising above $84,000 on Wednesday as buyers return after softer-than-expected United States (US) inflation data. The Crypto King marks a second straight day of gradual recovery, building on the demand area between $82,000 and $83,000.

Source  Fxstreet1790788329
Silver Price Forecast: XAG/USD remains vulnerable near $60

Silver (XAG/USD) trades under pressure on Wednesday even as traders reduce bets that the Federal Reserve (Fed) will raise interest rates again in October following softer-than-expected US PCE inflation data.

Source  Fxstreet1790781963

United States EIA Distillate Stocks Change dipped from previous -0.428M to -2.251M in September 25

Source  Fxstreet1790778683
Gold struggles for direction ahead of Fed’s preferred PCE inflation data

Gold (XAU/USD) trades little changed on Wednesday, consolidating the previous day’s gains after recovering from a seven-week low touched on Monday.

Source  Fxstreet1790766251
Brent Oil: Prices reverse on supply headlines – Deutsche Bank

Deutsche Bank’s Jim Reid and team highlight a sharp intraday reversal in Brent Oil, with front-month prices dropping even as longer-dated contracts grind higher.

Source  Fxstreet1790761929
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $61.19 per troy ounce, down 0.45% from the $61.47 it cost on Tuesday.

Source  Fxstreet1790760675
WTI Price Forecast: Sticks to recovery gains below $89.00; lacks bullish conviction

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher on Wednesday, reversing a part of the previous day's heavy losses to an over three-week low, though it lacks follow-through.

Source  Fxstreet1790759094
Brent: Geopolitics and cracks drive Q3 surge – Rabobank

Rabobank highlights a sharp Q3 rally in Brent Oil, rising from $73 to $104, with the 3-2-1 crack spread jumping from $17 to $62. The effective move from $90 to $166 underscores tightening energy markets.

Source  Fxstreet1790756015
Silver Price Forecast: XAG/USD trades flat around $61.50, US data awaited

Silver price (XAG/USD) trades in a tight range at around $61.45 during the European trading session on Wednesday. The white metal consolidates as investors await the United States (US) Personal Consumption Expenditure (PCE) Price Index data for August, which will be published at 12:30 GMT.

Source  Fxstreet1790755220
WTI drifts higher above $88.00 as Trump denies Iran sanctions relief

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.30 during the early European trading hours on Wednesday. WTI edges higher after US President Donald Trump denied he would be willing to ‌ease sanctions on Iran.

Source  Fxstreet1790749810
India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.

Source  Fxstreet1790743251
Silver Price Forecast: XAG/USD hangs near eight-week low; bears retain control near $61.00

Silver (XAG/USD) attracts some sellers near the $61.75 area during the Asian session on Wednesday, stalling the previous day's recovery from the $60.30 region, or the lowest level since August 5.

Source  Fxstreet1790741375
Gold holds steady below $4,200 as retreating bond yields and softer USD lend support

Gold (XAU/USD) struggles to capitalize on the previous day's positive move and oscillates in a range during the Asian session on Wednesday, stalling its recovery from the $4,100 neighborhood or the lowest since August 5, touched earlier this week.

Source  Fxstreet1790740175
Gold rebounds from eight-week low as traders weigh Fed rate path

Gold price (XAU/USD) rebounds from an eight-week low to near $4,180 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited as oil-driven inflation reinforced expectations of tighter monetary policy by the US Federal Reserve (Fed). 

Source  Fxstreet1790724670

United States API Weekly Crude Oil Stock dipped from previous 1.786M to 1.019M in September 25

Source  Fxstreet1790715013
Gold springs from $4,110 as Oil rout eases inflation heat

Gold (XAU/USD) price registers solid gains of over 1.30% on Tuesday despite hawkish rhetoric from Federal Reserve (Fed) officials, after hitting a multi-week low near $4,110 on Monday. The XAU/USD pair trades at $4,170 after bouncing off daily lows of $4,113.

Source  Fxstreet1790711861
Silver price retreats as rising US yields, Hormuz tensions bolster US Dollar

Silver (XAG/USD) retreats on Tuesday and trades around $60.75 at the time of writing, down 0.38% on the day.

Source  Fxstreet1790702343
Oil Prices Reverse Sharply Intraday as WTI and Brent Turn From Gains to Drop Over 2%; Strait of Hormuz Situation in Focus

TradingKey - On September 29, international oil prices experienced a clear intraday reversal. WTI crude (USOIL) and Brent crude (UKOIL) both rose over 1% in early trading before quickly giving back al

Source  Tradingkey1790686575
Gold steadies after sharp drop as traders assess Fed outlook, Middle East risks

Gold (XAU/USD) steadies on Tuesday after suffering a sharp sell-off at the start of the week. The move appears to be a corrective bounce, as the broader narrative remains tied to expectations of further Federal Reserve (Fed) interest rate hikes.

Source  Fxstreet1790679498
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $60.83 per troy ounce, down 0.24% from the $60.98 it cost on Monday.

Source  Fxstreet1790677794
Oil: Higher prices keep pressure on central banks – Scotiabank

Scotiabank’s FX strategy team highlights Oil as a primary market focus, with recent gains linked to deteriorating US–Iran negotiations and President Trump’s rejection of Iran’s proposal to reopen the Strait of Hormuz.

Source  Fxstreet1790674086
WTI falls to near $91.00 as Middle East crude exports rebound

West Texas Intermediate (WTI) oil has pared its recent gains from the previous day, trading around $91.10 per barrel during European hours on Tuesday. Crude oil prices have eased following a September rebound in exports from key Middle East producers.

Source  Fxstreet1790673305
Gold: Downside risks with key supports in focus – OCBC

Christopher Wong at OCBC notes Gold has extended its decline to a seven-week low, pressured by higher Oil prices, firm US Treasury yields and a stronger Dollar. The break below $4,200 has intensified technical selling, with near-term direction tied to Oil and rates.

Source  Fxstreet1790668890
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