News

Brent: Diplomatic hopes support pullback – Deutsche Bank

Deutsche Bank strategists note that Brent briefly fell below $100/bbl as hopes for a diplomatic solution in the Middle East weighed on oil prices.

Source  Fxstreet1790059687
WTI Price Forecast: Looks to reclaim $93.00 after defending 38.2% Fibo. support

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some buyers during the Asian session on Tuesday, snapping a four-day losing streak to sub-$91.00 levels, or a nearly two-week low touched the previous day.

Source  Fxstreet1790053986
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

Source  Fxstreet1790051724
Gold struggles to lure buyers amid hawkish Fed counters sliding US bond yields

Gold (XAU/USD) attracts some sellers following a modest Asian session uptick on Tuesday and slides below $4,350 in the last hour, though the downside seems limited. The US Federal Reserve's (Fed) hawkish outlook is seen as a key factor undermining the non-yielding yellow metal.

Source  Fxstreet1790050756
US Treasury Secretary Bessent says all Iranian airlines to shut down worldwide by September 23

US Treasury Secretary Scott Bessent said that Iranian airlines could effectively be shut out of international travel from September 23, as the United States threatens foreign companies with secondary sanctions if they continue servicing the country’s carriers,  Aljazeera news agency reported. 

Source  Fxstreet1790039554
Silver Price Forecast: XAG/USD sticks to gains near mid-$66.00s; 23.6% Fibo. holds the key

Silver (XAG/USD) attracts fresh buyers following the previous day's two-way price moves and trades around the $66.40-$66.45 region during the Asian session on Tuesday, up nearly 0.50% for the day.

Source  Fxstreet1790038617
Donald Trump administration plans $5 billion Middle East reconstruction fund for Iran war

US President Donald Trump administration ‌has proposed investing $5 billion in a new fund to help rebuild critical infrastructure across the Middle East damaged in the war with Iran and reduce their reliance on the Strait of Hormuz to ‌transport oil and gas, the Wall Street Journal reported on Monda

Source  Fxstreet1790036642
Iranian President will head to New York for UN meeting

President Masoud Pezeshkian will lead an Iranian delegation at the United Nations General Assembly in New York on Tuesday, amid renewed hopes for a diplomatic solution to the Middle East conflict, CNBC reported on Monday. 

Source  Fxstreet1790033552
Gold declines to near $4,350 on rising odds of Fed rate hike

Gold price (XAU/USD) declines to near $4,365, snapping the two-day winning streak during the early Asian session on Tuesday. The precious metal loses ground on the prospect of further monetary tightening by the US Federal Reserve (Fed). Traders will keep an eye on the Fedspeak later on Tuesday. 

Source  Fxstreet1790032639
Silver Price Forecast: 100-day SMA caps bulls as range tightens

Silver price advance stalled at the 100-day Simple Moving Average (SMA) of $66.39 and is set to end Monday’s session with losses of 0.39% as the Greenback rises following last week’s Fed decision. The XAG/USD trades at $66.03 after reaching a high of $67.05.

Source  Fxstreet1790026677
Gold price retraces as Fed hawks keep the US Dollar bid

Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some ground on Monday despite Treasury yields falling in the back half.

Source  Fxstreet1790021400
Brent: Supply risks contrast softer prices – ING

ING strategists Ewa Manthey and Warren Patterson note ICE Brent and WTI started the week lower despite persistent supply risks and elevated speculative length. They highlight Saudi Aramco’s curtailed allocations after pipeline damage, tighter European crude markets, and strong bullish positioning.

Source  Fxstreet1790017920
WTI Oil extends losing streak as resilient Saudi exports outweigh Middle East risk premium

West Texas Intermediate (WTI) US Oil extends its decline for the fourth consecutive day on Monday, trading around $91.90 per barrel at the time of writing, down 3.54% on the day.

Source  Fxstreet1790006774
Bitcoin and Gold Outlook: BTC surges past $85K as Gold slips

Bitcoin (BTC) rises alongside the broader cryptocurrency market on Monday, trading near $86,000 at the time of writing. The Crypto King has maintained a robust bullish outlook since September 16 and is currently targeting a short-term breakout to the resistance range between $88,000 and $90,000.

Source  Fxstreet1790005717
Oil: Tightness turning critical – Societe Generale

Societe Generale strategists Michael Haigh and Jeremy Sellem argue that global Oil product markets have shifted from tight to critical. They link East-West pipeline disruptions, Russian outages, elevated freight and low inventories to structurally constrained supply.

Source  Fxstreet1790001341
Gold: CTA whipsaws but support holds – TD Securities

TD Securities’ commodity strategists report that CTAs (Commodity Trading Advisors) have reversed recent Gold buying, yet emphasize that discretionary investors continue to support the metal.

Source  Fxstreet1789996495
Silver price edges up as lower Oil, guarded Fed stance temper upside

Silver (XAG/USD) starts the week on a positive note, gaining 0.37% on Monday to trade around $66.50 at the time of writing. The precious metal manages to advance despite a stable US Dollar (USD), with the US Dollar Index (DXY) trading virtually unchanged around 100.25.

Source  Fxstreet1789991914
Gold: Range-bound outlook with Fed headwinds – ING

ING’s commodities team reports Gold eased as markets digest the Federal Reserve’s first rate hike since 2023 and guidance for prolonged restrictive policy. They stress that higher rates remain a headwind, but ETF holdings at six‑month highs and ongoing central bank buying should cushion downside.

Source  Fxstreet1789989361
Gold starts week on the back foot as US Dollar holds firm, Oil decline limits losses

Gold (XAU/USD) starts the week on a bearish note, snapping a two-day winning streak as expectations of additional Federal Reserve (Fed) rate hikes and a firmer US Dollar (USD) limit the upside. At the time of writing, XAU/USD trades around $4,350, down nearly 0.60% on the day.

Source  Fxstreet1789989059
Gold Price Forecast: Struggles to hold above 20-day EMA

Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations that the Federal Reserve (Fed) will hike interest rates again this year.

Source  Fxstreet1789987364
WTI Oil dips below $94.00 amid reports of higher Saudi crude supplies 

Crude prices extend their decline for the fourth consecutive day on Monday, pushing the US benchmark West Texas Intermediate (WTI) Oil to levels just below $94.00 during the European session.

Source  Fxstreet1789983629
Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data. Silver trades at $66.22 per troy ounce, broadly unchanged 0.05% from the $66.26 it cost on Friday.

Source  Fxstreet1789983125
Oil: Supply risks linger despite recovering Saudi flows - OCBC

OCBC’s Christopher Wong observes that weekend attacks targeting Saudi Arabia have revived supply and geopolitical concerns in Oil markets.

Source  Fxstreet1789976079
WTI Price Forecast: Drops to over one-week low, below $94.00 but bullish bias stays intact

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – turns lower for the fourth straight day following a modest gap-up open to the $96.55-$96.60 region and drops to an over one-week low during the Asian session on Monday.

Source  Fxstreet1789970219
Gold drifts lower as Fed hike bets and geopolitics lift USD ahead of Trump-Xi summit

Gold (XAU/USD) kicks off the new week on a weaker note following Friday's failure near the $4,400 mark, stalling a two-day-old recovery move from a six-week low touched last Wednesday.

Source  Fxstreet1789968993
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back

US President Donald Trump reversed himself twice on whether the United States (US) should strike the Houthis in Yemen, according to the New York Times.

Source  Fxstreet1789967303
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Source  Fxstreet1789965884
Silver Price Forecast: XAG/USD consolidates near $66.35 at the start of the week

Silver price (XAG/USD) trades in a tight range at the start of the week near $66.35 during the Asian trading session. The white metal consolidates while investors remain focused on developments in Middle East regarding the oil supply and the United States (US) interest rate outlook.

Source  Fxstreet1789961311
Gold edges lower to near $4,350 on Fed hawkish stance, Middle East tensions

Gold price (XAU/USD) edges lower to near $4,365 during the early Asians session on Monday. The precious metal loses momentum amid escalating tensions in the Middle East and hawkish remarks from Federal Reserve (Fed) officials. Traders await the Fedspeak later this week for fresh impetus.

Source  Fxstreet1789958329
Houthis claim attacks on Saudi capital, thick smoke seen near Riyadh airport 

Yemen’s Houthis said that they attacked “sensitive” sites in the Saudi capital Riyadh with missiles and drones, hours after flames and a large plume of smoke were seen near the city’s main airport, the Guardian reported on Saturday.

Source  Fxstreet1789957053
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