News

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
Silver Price Forecast: XAG/USD recovery beyond $61.00 faces selling risk

Silver (XAG/USD) registers a modest recovery from the $60.30 area, or the lowest level since August 5, touched earlier this Tuesday, though it lacks follow-through.

Source  Fxstreet1790667105
Brent Oil: Higher prices to extend into 2027 – Deutsche Bank

Deutsche Bank’s Henry Allen and Jim Reid highlight that Brent Oil has surged again, with spot prices above $107 per barrel and December 2027 futures at new highs.

Source  Fxstreet1790667069
WTI Price Forecast: Eyes $93.00 as bulls retain control above 200-SMA support on H4

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers following the previous day's good two-way price swings and climbs to the $93.00 neighborhood during the Asian session on Tuesday.

Source  Fxstreet1790659431
India Gold price today: Gold rises, according to FXStreet data

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

Source  Fxstreet1790656532
Gold bounces off eight-week low; not out of the woods amid rising Fed hike bets

Gold (XAU/USD) attracts some buyers during the Asian session on Tuesday, reversing a part of the previous day's heavy losses to the $4,100 neighborhood, or its lowest level since August 4.

Source  Fxstreet1790655731
Silver Price Forecast: XAG/USD holds onto losses below $61 ahead of US Job Openings data

Silver price (XAG/USD) clings to Monday’s losses at around $60.70 during the Asian trading session on Tuesday. The white metal is under pressure as financial markets remain confident that the Federal Reserve (Fed) will deliver more interest rate hikes this year.

Source  Fxstreet1790651880
WTI inches up above $92.00 on Qatari-mediated US-Iran talks, Saudi pipeline restart

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.

Source  Fxstreet1790642270
Gold tumbles below $4.150 as US bond yields, oil prices rise

Gold price (XAU/USD) falls to near $4,125 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising US Treasury yields and expectations of further Federal Reserve interest rate hikes sap demand for the non-yielding metal.

Source  Fxstreet1790637764
Gold price crashes as 2007-era yields trigger brutal sell-off

Gold (XAU/USD) begins the week on the back foot, tanking over 3.4% on Monday as US Treasury yields soar and Oil prices remain elevated despite falling from daily highs amid mixed news headlines about a potential US-Iran deal. The XAU/USD trades at $4,139 after peaking at $4,280.

Source  Fxstreet1790626789
Crude Oil round-trips between a rejected Iran plan and a sanctions offer

President Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US offer of sanctions relief.

Source  Fxstreet1790617070
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