Gold (XAU/USD) rallies sharply on Monday, gaining 0.80% as investors seem confident that the Federal Reserve (Fed) will slash rates at the December meeting as US economic data continues to flow. At the time of writing, XAU/USD trades near $4,100 after hitting a daily low of $4,040.
West Texas Intermediate (WTI) Crude Oil is attempting a modest rebound on Monday, snapping a three-day losing streak as traders balance revived December Federal Reserve (Fed) interest rate cut expectations with ongoing Russia–Ukraine peace-talk developments.
Silver (XAG/USD) rises slightly at the start of the week and trades around $50.00, up 0.20% on Monday.
Gold (XAU/USD) trades quietly into the new week as investors weigh the evolving Federal Reserve (Fed) monetary policy outlook alongside improving sentiment in risk assets.
Oil prices ended last week on a weak footing, with ICE Brent down more than 2.8%. This downward pressure continued in early morning today, with Brent trading at its lowest level in over a month. Ongoing talks to reach a Russia-Ukraine peace deal are weighing on the market.
West Texas Intermediate (WTI) Oil price extends its losing streak for the fourth successive session, trading around $57.70 per barrel during the European hours on Monday.
Gold prices fell in India on Monday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $58.13 per barrel, up from Friday’s close at $57.90.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.90.
Gold (XAU/USD) attracts fresh sellers during the Asian session on Monday and declines below the $4,050 level in the last hour, though it lacks follow-through.
Silver (XAG/USD) struggles to capitalize on Friday's modest recovery from the $48.65-$48.60 region, or a nearly two-week low, and attracts fresh sellers on the first day of a new week.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.85 during the Asian trading hours on Monday. The WTI edges lower as the United States (US) pushes for a Russia-Ukraine peace deal.
Gold price (XAU/USD) trades in positive territory around $4,075 during the early Asia session on Monday. The precious metal edges higher as expectations for a Federal Reserve (Fed) rate cut rise after comments from John Williams.
Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of writing, XAU/USD trades at $4,096, up by 0.53%, after hitting a daily high of $4,101.
West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day.
Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline.
Swiss Gold exports fell sharply in October, particularly to China and India, reflecting signs of slowing demand after Gold prices hit record highs, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold (XAU/USD) trades on the back foot on Friday, weighed down by fading hopes of a December interest rate cut from the Federal Reserve (Fed).
Gold (XAU/USD) has retraced gains from the previous three days, with precious metals on retreat as investors pare back hopes of a Federal Reserve rate cut in December.
1. IntroductionFrom the start of this year to mid-October, the gold market witnessed a substantial rally, with prices surging from $2,057 per ounce to $4,357 per ounce, representing a remarkable incre
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Oil prices depreciated for the third consecutive day on Friday, with the US benchmark West Texas Intermediate breaking below the $58.00 line for the first time since late October, as the US administration works to reach a peace deal between Russia and Ukraine.
TradingKey - The U.S. government released the delayed September nonfarm payrolls report last week, showing a stronger-than-expected 119,000 jobs added—far exceeding the forecast of 50,000. However, th
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $58.18 per barrel, down from Thursday’s close at $58.66.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.16 after its previous daily close at $62.60.
Silver price (XAG/USD) revisits the weekly low around $49.50 during the European trading session on Friday. The white metal faces selling pressure as traders remain confident that the Federal Reserve (Fed) will not cut interest rates in the December policy meeting.
West Texas Intermediate (WTI) Oil price extends its losses for the third consecutive session, trading around $ 58.00 per barrel during the Asian hours on Friday.
Gold (XAU/USD) attracts fresh sellers during the Asian session on Friday, though it remains confined in the weekly range amid mixed fundamental cues.
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal Reserve (Fed) rate cut expectations.
Gold (XAU/USD) retreats on Thursday during the North American session following the release of the September US jobs report, which fared better than expected, crushing forecasts. At the time of writing, XAU/USD trades at $4,061, down 0.38%.
West Texas Intermediate (WTI) Crude steadies on Thursday after falling more than 2% on the previous day, as market sentiment turns cautious ahead of the US sanction deadline on two major Russian oil firms. At the time of writing, WTI is trading around $59.70, up nearly 0.70% on the day.