West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain.
Gold (XAU/USD) price holds firm on Tuesday, capped on the upside by solid resistance at the 100-day Simple Moving Average (SMA) at $4,328, while broad US Dollar strength and elevated US bond yields weighed on the non-yielding metal.
Silver (XAG/USD) trades around $63.40 on Tuesday at the time of writing, up 0.28% on the day. The white metal attempts to stabilize as investors refrain from taking large positions ahead of the United States (US) Federal Reserve (Fed) monetary policy decision on Wednesday.
ING’s Warren Patterson and Ewa Manthey report that European Natural Gas prices at TTF remain well above EUR80/MWh as Middle East tensions curb hopes for increased LNG flows from the Persian Gulf.
TD Securities analysts Ryan McKay and Bart Melek report that Gold remains under pressure as CTAs accelerate selling ahead of the upcoming Fed meeting, with prices nearing levels that could push funds net short.
RaboResearch raises its TTF forecasts to €72/MWh for Q4 2026 and €58/MWh for Q1 2027, citing prolonged Hormuz disruptions, low European storage and greater LNG dependence.
Gold (XAU/USD) remains on the defensive on Tuesday as a stronger US Dollar (USD), rising US Treasury yields and US Federal Reserve (Fed) interest rate hike expectations create a challenging backdrop for the non-yielding metal.
ING’s Warren Patterson and Ewa Manthey highlight that Copper is retreating as calls from major technology executives to slow AI development hit tech stocks and dampen expectations for data-centre investment.
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $62.82 per troy ounce, down 0.68% from the $63.25 it cost on Monday.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – catches fresh bids following the previous day's two-way price swings and sticks to its strong intraday gains through the first half of the European session on Tuesday.
TradingKey - As of the European trading session on September 15, the 30-year U.S. Treasury yield rose to 5.3960% intraday, while the 10-year U.S. Treasury yield once touched 5.047%, both reaching near
Rabobank’s Senior Market Strategist Benjamin Picton highlights rising Oil market stress as geopolitical risks escalate. He notes higher crude prices, widening Brent spreads and concerns over the end of US Strategic Petroleum Reserve releases.
Silver price (XAG/USD) is marginally lower to near $63.14 during the European trading session on Tuesday. The white metal remains under pressure as investors shift their focus to the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
ING strategists Warren Patterson and Ewa Manthey say Gold has slipped as higher Oil prices stoke inflation concerns and reinforce expectations of a potential Federal Reserve rate hike, lifting Treasury yields and the US Dollar.
ING analysts Warren Patterson and Ewa Manthey note that Oil prices have surged as the Saudi East–West pipeline shutdown tightens supply and keeps ICE Brent near recent resistance around $110/bbl.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers following the previous day's two-way price swings and climbs back above the $99.00 mark during the Asian session on Tuesday.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) attracts some dip-buyers near the $4,284-$4,283 region during the Asian session on Tuesday and moves away from an over one-month low, touched the previous day.
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $98.60 per barrel during the Asian hours on Tuesday. Crude oil prices appreciate as traders continue to navigate heightened uncertainty over global supply.
Saudi Arabia's Civil Defense on Monday issued emergency alerts for the Khamis Mushait Governorate and Abha City. The officials then lifted the warnings shortly after, urging residents to continue following official instructions and avoid gathering.
West Texas Intermediate (WTI) trades near $98.00, about 1.4% higher on the day. It was more than 4% higher shortly after 12:30 GMT and had given nearly all of that back by 19:00.
Silver price resumes its downtrend, keeping the head-and-shoulders pattern alive, as the white metal struggles to clear the neckline in the $64.10-$64.20 range, increasing the chances of further losses. The XAG/USD trades at $63.60, down over 1.50%.
Gold (XAU/USD) begins the week on the wrong foot, down some 0.85% on Monday after reaching a one-month low of $4,253, in a week that will feature the Federal Open Market Committee (FOMC) monetary policy decision. At the time of writing, XAU/USD trades at $4,310.
TD Securities strategists Ryan McKay and Bart Melek note that CTAs remain maximally long WTI Crude, Brent Crude, diesel and gasoline as attacks on energy infrastructure in Saudi Arabia and Russia sustain a significant upside risk premium.
TradingKey - A drone attack forced the closure of a Saudi Arabian oil pipeline and diplomatic talks between Iran and Gulf nations were simultaneously postponed, a double blow that leaves global energy
TD Securities’ Ryan McKay and Bart Melek highlight that CTAs (Commodity Trading Advisors) have turned large sellers of Gold, liquidating nearly half of their net-long exposure as markets price a Federal Reserve hike and higher energy costs.
OCBC strategist Christopher Wong says oil risks have risen again as disruptions to Saudi export infrastructure and renewed concerns around the Strait of Hormuz and Bab el-Mandeb keep supply risks elevated.
Gold (XAU/USD) kicks off the week on a bearish note as Federal Reserve (Fed) interest rate hike expectations dominate market sentiment ahead of the two-day monetary policy meeting starting on Tuesday.
Brent Oil gains on Monday and trades around $104.20 at the time of writing, up 2.49% on the day. Oil prices benefit from a renewed geopolitical risk premium as tensions in the Middle East revive concerns over potential disruptions to energy supplies.
West Texas Intermediate (WTI), futures on NYMEX, extends its opening gains in the European trading session on Monday, trading almost 3% higher slightly above $99.50.