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WTI climbs as Iran-Oman agreement details dampen optimism over Oil flows

West Texas Intermediate (WTI) Oil rebounds on Thursday as traders react to details of the proposed Iran-Oman agreement on the Strait of Hormuz. At the time of writing, WTI trades around $76.50 per barrel, up nearly 2.80% on the day.

Source  Fxstreet1786040140
Oman-Iran plan blocks US, Israeli ships as Hormuz risks rise

Some details of the Oman and Iran plan to manage the Strait of Hormuz revealed that ships belonging to the US, Israel and other “hostile” countries will be prohibited. 

Source  Fxstreet1786034312
Silver Price Forecast: US Dollar rebound pressures XAG/USD ahead of US jobs report

Silver (XAG/USD) trades lower at around $60.95 on Thursday at the time of press, down 1.73% on the day. The precious metal is facing profit-taking as the US Dollar (USD) regains momentum, with the US Dollar Index (DXY) advancing about 0.30% to trade near the psychological 100.00 level.

Source  Fxstreet1786033866
Gold holds near seven-week highs as Hormuz doubts revive risk premium

Gold (XAU/USD) extends Wednesday's 4% spike on Thursday, trading around $4,260 and holding near a seven-week high as a softer US Dollar (USD) and retreating Treasury yields reinforce the metal's recovery. What distinguishes Thursday's session is that Gold is climbing alongside Crude Oil rather than

Source  Fxstreet1786032136
Why is Gold surging toward $4,300 as the US Dollar and Treasury yields ease?

Gold (XAU/USD) has staged a dramatic rebound, surging over 4% on Wednesday to move within striking distance of the $4,300/oz threshold.

Source  Fxstreet1786028098
Copper: Tight supply keeps prices elevated – ING

ING analysts Warren Patterson and Ewa Manthey report Copper prices trading above $14,000/t on the LME and near record levels on Comex, driven by metal diversion into the US ahead of potential tariff decisions.

Source  Fxstreet1786026251
Oil: Hormuz risk repricing with fragile support – BNY

BNY’s Geoff Yu notes Oil prices have stabilized near $80 as markets digest Iran’s proposed shipping route with Oman through the Strait of Hormuz. The temporary arrangement has reduced perceived disruption risk for Brent and WTI, helped by larger U.S. inventories.

Source  Fxstreet1786025120
Gold: Hormuz optimism supports rally – ING

ING’s Warren Patterson and Ewa Manthey highlight a sharp Gold rally of more than 4%, with prices moving closer to $4,300/oz as optimism grows that a US-Iran agreement and lower energy prices will ease inflation.

Source  Fxstreet1786016117
Gold steadies near seven-week high as markets await Strait of Hormuz deal

Gold (XAU/USD) consolidates its recent gains on Thursday after briefly climbing above $4,300 as the US Dollar (USD) steadies while traders await confirmation of a possible Iran-Oman agreement on the Strait of Hormuz. At the time of writing, XAU/USD trades around $4,270, up 0.53% on the day.

Source  Fxstreet1786015084
Silver Price Forecast: XAG/USD clings to gains near $62 with US NFP in focus

Silver price (XAG/USD) holds onto two-day gains at around $62.00 during the European trading session on Thursday. The white metal trades firmly amid hopes of a further decline in oil prices.

Source  Fxstreet1786013965
Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields

Gold (XAU/USD) consolidates gains after appreciating nearly $200 this week, buoyed by lower US Treasury yields as traders dial down bets of immediate Federal Reserve (Fed) rate hikes.

Source  Fxstreet1786012610
Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $62.01 per troy ounce, broadly unchanged 0.06% from the $62.05 it cost on Wednesday.

Source  Fxstreet1786008780
Gold: Breakout extends as yields ease – OCBC

OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East tensions weighed on Oil and US Treasury yields, softening the US Dollar.

Source  Fxstreet1786003398
Oil: Distillate exports tighten market – ING

ING strategists Warren Patterson and Ewa Manthey note Oil prices remain under pressure, with ICE Brent trading below $80/bbl as markets focus on a potential US-Iran deal to reopen flows through the Strait of Hormuz.

Source  Fxstreet1785998920
WTI Price Forecast: Downside likely towards $67 on Hormuz reopening hopes

West Texas Intermediate (WTI), futures on NYMEX, trades 0.45% lower to near $74 during the early European trading session on Thursday, closer to its three-week low of $73.51 posted the previous day.

Source  Fxstreet1785995119
India Gold price today: Gold rises, according to FXStreet data

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

Source  Fxstreet1785990939
Gold pulls back from seven-week high as bulls struggle to find acceptance above $4,300

Gold (XAU/USD) builds on the previous day's blowout rally of over 4% and advances for the fourth straight session, rising to its highest level since June 18 during the Asian session on Thursday.

Source  Fxstreet1785990050
Why Should Gold Watch the Yen? A Full Breakdown of How the Yen Affects Gold

In late July, the foreign exchange market saw a rare instance of joint intervention.On July 30, USD/JPY approached 164 at one point, a new high since 1986, meaning the yen had fallen to its lowest lev

Source  Tradingkey1785984102
Yemen's Houthis say they attacked a Saudi oil tanker in the Red Sea, Gulf of Aden

Yemen’s Iran-backed Houthis said ‌that they had launched a missile attack on a Saudi oil tanker off the coast of the kingdom's Red Sea port city of Yanbu and another missile attack on a Saudi oil tanker in the Gulf of Aden, Reuters reported on Wednesday.

Source  Fxstreet1785974500
Iran says it has agreed on coordinates of route through Strait of Hormuz with Oman

Iran’s Foreign Ministry spokesperson , Esmaeil Baghaei, said that Iran and Oman are close to finalizing a proposed framework for commercial shipping through the Strait of Hormuz, the Guardian reported on Wednesday. 

Source  Fxstreet1785973902
Gold rises above $4,250 on US–Iran deal hopes

Gold price (XAU/USD) rises to near $4,255 during the early Asian session on Thursday.

Source  Fxstreet1785972747
Forex Today: Gold surges above $4,240 as US labor data crumbles

Metals were the biggest earners of the day on Wednesday, with Gold surging more than 4% to trade near $4,247 per troy ounce and Silver rallying almost 5% toward $62.20 amid a softer-than-expected US labor market report, with a slowdown in private hiring.

Source  Fxstreet1785964538
Silver Price Forecast: XAG/USD skyrockets above $60, tests 50-day SMA

Silver price surges more than 4%, as the Greenback remains on the back foot due to softer than expected jobs and data, though the fall was capped as business activity in the services sector continued to expand.

Source  Fxstreet1785956378
Gold rallies as Iran-US deal seems closer ahead of NFP

Gold (XAU/USD) price surges to its highest level in nearly seven weeks, gaining nearly 3.80% on Wednesday as the Greenback loses ground and US Treasury yields fail to gain traction. The XAU/USD pair trades at $4,232, its highest level since June 18, after bouncing off daily lows of $4,065.

Source  Fxstreet1785953944
WTI holds near three-week low as traders await Hormuz agreement

West Texas Intermediate (WTI) Crude Oil remains under pressure on Wednesday but struggles to attract fresh selling as traders await confirmation that commercial shipping through the Strait of Hormuz will resume. At the time of writing, WTI trades around $74 per barrel, hovering near three-week lows.

Source  Fxstreet1785952792
Silver Price Forecast: Daily momentum improves, but weekly outlook stays bearish

Silver (XAG/USD) jumps more than 4% on Wednesday as weaker-than-expected US ADP employment data and easing energy-driven inflation prompt traders to scale back expectations for Federal Reserve (Fed) rate hikes. At the time of writing, XAG/USD trades around $62.30, near its highest level in a month.

Source  Fxstreet1785942834
Gold Price Forecast: Expectations of Easing US-Iran Tensions May Lift Gold to $4,350

TradingKey - Spot Gold ( XAUUSD) rose above $4,200 at one point during Wednesday's intraday trading. While digesting a significant slowdown in US private-sector hiring, the market also focused on expe

Source  Tradingkey1785942708
Oil: Geopolitics test supply routes – BNY

BNY’s Geoff Yu reports Oil prices rose after the Houthis claimed a missile strike on a Saudi tanker near Yanbu, highlighting risks to alternative export routes while Strait of Hormuz disruptions persist.

Source  Fxstreet1785934587
Copper: Tight supply supports breakout above $14,000 – ING

ING’s Warren Patterson and Ewa Manthey highlight that Copper has surged above $14,000 per tonne on the LME, driven by tightening physical conditions and strong prompt demand.

Source  Fxstreet1785932013
Brent: Price slips on Hormuz deal hopes – Rabobank

Rabobank’s Global Daily notes Brent futures fell to around $79 as reports suggested the US, Iran and Oman are close to a temporary deal to reopen the Strait of Hormuz.

Source  Fxstreet1785930219
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