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WTI Oil extends decline as Hormuz traffic normalizes, US Iran waiver lifts supply

West Texas Intermediate (WTI) US Oil trades around $69.30 at the time of writing, down 0.65% on Thursday. The American benchmark Crude is now posting a fourth consecutive day of losses, weighed down by a convergence of supply-side factors reshaping market expectations.

Source  Fxstreet1782392351
Gold: Precious metals lead lost-decade playbook – TD Securities

TD Securities’ Izidor Flajsman highlights that during historical US equity ‘lost decades’, Precious Metals, especially Gold, have delivered strong real returns while broad Commodities were more mixed.

Source  Fxstreet1782392268
Brent: Hormuz reopening pressures prices lower – Commerzbank

Commerzbank’s Henry Hao and Moses Lim note that progress on reopening the Strait of Hormuz has driven Brent and WTI sharply lower, easing inflation risk premia in global bond markets.

Source  Fxstreet1782386160
Gold Price Forecast: XAU/USD holds onto losses below $4,000 ahead of US PCE Inflation data

Gold price (XAU/USD) clings to Wednesday’s losses near $3,985 during the European trading session on Thursday. The yellow metal remains under severe pressure as traders seem confident that the next monetary policy move by the Federal Reserve (Fed) will be on the upside.

Source  Fxstreet1782385646
Gold consolidates near seven-month low ahead of US PCE report

Gold (XAU/USD) consolidates modest losses on Thursday as traders reduce exposure ahead of the US Personal Consumption Expenditures (PCE) Price Index report, due at 12:30 GMT. At the time of writing, XAU/USD trades around $3,983, hovering near the more than seven-month low touched on Wednesday.

Source  Fxstreet1782385490
Oman rules out fears of toll on Hormuz

Oman’s Foreign Ministry says during the European trading session on Thursday that future arrangements for the Strait of Hormuz, a critical passage to almost 20% of global energy supply, do not entail transit tolls, state media agency reported.

Source  Fxstreet1782384889
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $57.61 per troy ounce, up 0.31% from the $57.43 it cost on Wednesday.

Source  Fxstreet1782379808
WTI Crude Drops Below $70; Iraq Pressures OPEC With "Tactical Retreat" as Risk of Collapse Surges

TradingKey - On June 25, Eastern Time, senior Iraqi oil officials pressured OPEC to significantly increase the country's production quota, or else they would be "forced to consider all available optio

Source  Tradingkey1782378791
WTI falls to near $69.00 amid rising oil supply odds from Middle East

West Texas Intermediate (WTI) oil price loses ground for the fourth consecutive day, trading around $69.20 per barrel during European hours on Thursday. Crude oil prices are facing strong headwinds as market expectations point to a significant surge in supply from the Middle East.

Source  Fxstreet1782378367
Gold: Slide below $4,000 tests key supports – Societe Generale

Societe Generale analysts note that Gold has broken below its 200-day moving average and the March trough, triggering an accelerated decline. Prices are drifting toward last October’s $3,930–3,885 support zone, with a potential rebound hinging on holding this area.

Source  Fxstreet1782377451
Gold: Rates repricing weighs on haven appeal – BNY

BNY’s Geoff Yu notes that Gold has broken below $4,000/ounce after a weak spell since mid-March, as rising global front-end yields and fading debasement fears pressure precious metals.

Source  Fxstreet1782371251
Equities: Tech earnings offset Oil volatility – Danske Bank

Danske Research Team notes global equities ended slightly lower, with energy and materials dragging, but sector dispersion remained wide. Lower Oil prices are seen as a relief for consumers, while strong Micron results reinforced confidence in technology earnings.

Source  Fxstreet1782368888
WTI extends decline to pre-Middle East war levels around $69 as oil flows accelerate

West Texas Intermediate (WTI), futures on NYMEX, is down 0.7% to near $69.00 during the late Asian trading session on Thursday.

Source  Fxstreet1782366317
Gold retains bearish bias near November 2025 lows; eyes US PCE amid receding Fed hike bets

Gold (XAU/USD) meets with a fresh supply during the Asian session on Thursday and slides back to the lowest level since November 2025, set the previous day.

Source  Fxstreet1782359004
Israel says IDF will stay in southern Lebanon despite US pressure

The Israeli defence minister, Israel Katz, said that the Israeli military would not withdraw from southern Lebanon despite pressure from the United States (US) as fighting in Lebanon continues to be an obstacle to permanent peace, the Guardian reported on Thursday.

Source  Fxstreet1782353141
Gold falls to seven-month low below $4,000 on rising Fed hike bets, traders brace for US PCE data

Gold price (XAU/USD) tumbles to around $3,995 during the early Asian session on Thursday. The precious metal extends the decline to below the $4,000 psychological level for the first time since November 2025 on the prospect of higher interest rates and a stronger US Dollar (USD).

Source  Fxstreet1782342722
WTI slides to its lowest level since March as shipping through Hormuz gradually normalizes

West Texas Intermediate (WTI) crude Oil extends its decline on Wednesday, falling more than 3% as stranded crude cargoes in the Strait of Hormuz gradually return to the market following an interim peace agreement between the United States (US) and Iran.

Source  Fxstreet1782325533
Gold price breaks below $4,000 as US Dollar hits 13-month high

Gold (XAU/USD) price collapses by over 3% on Wednesday during the North American session amid broad US Dollar strength, despite US Treasury yields tumble on speculation that the reopening of the Strait of Hormuz could ease inflationary pressures.

Source  Fxstreet1782325172
Silver price hits new yearly low amid rising Fed hike expectations, PCE data caution

Silver (XAG/USD) extends its correction on Wednesday and trades around $58.75 at the time of writing, down 4.62% on the day after hitting a fresh low not seen since December 2025.

Source  Fxstreet1782319119
WTI Crude Falls Below $70 Mark; Trump Says Strait of Hormuz Won't Charge Fees, Two Major Crude Futures Plunge Nearly 5% Again

TradingKey - On June 24, the two major crude oil futures plummeted again after U.S. President Trump stated that no fees would be charged for passage through the Strait of Hormuz.Trump stated that Iran

Source  Tradingkey1782313170

United States EIA Crude Oil Stocks Change came in at -6.088M, below expectations (-5.1M) in June 19

Source  Fxstreet1782311402
WTI Oil nears pre-war levels below $70 as Gulf supply fears ease

West Texas Intermediate (WTI) US Oil extends its sharp decline on Wednesday, trading around $69.70, down 4.40% on the day at the time of writing and hitting its lowest level since March 2.

Source  Fxstreet1782310627
Commodities Face Broad Selloff: Gold Falls Below 4,000 Mark, Silver Tumbles 5%, Both Crudes Drop Over 4%

TradingKey - On June 24, Eastern Time, global commodity markets suffered a broad sell-off, with both precious metals and crude oil prices plunging. Spot gold ( XAUUSD) fell by more than $100 intraday,

Source  Tradingkey1782308718
WTI: Bearish flows face tightening backdrop – TD Securities

TD Securities’ Ryan McKay and Bart Melek highlight ongoing selling pressure in WTI Crude as CTA liquidation nears completion while high crude flows through the Strait of Hormuz keep sentiment bearish.

Source  Fxstreet1782306823
Gold: Slower grind higher as forecasts cut – ING

ING’s Commodities Strategist Ewa Manthey notes that Gold has sold off sharply after record highs, pressured by higher Treasury yields, a stronger Dollar and weaker ETF demand.

Source  Fxstreet1782301308
Gold bears target $4,000 as stronger US Dollar and Fed rate-hike bets weigh

Gold (XAU/USD) falls on Wednesday, revisiting the seven-month low touched earlier this month as hawkish Federal Reserve (Fed) expectations and the resulting strength in the US Dollar (USD) keep the precious metal under pressure.

Source  Fxstreet1782299914
Gold Price Forecast: XAU/USD heads for the $4,000 level as US Dollar marches higher

Gold (XAU/USD) extends losses for the second consecutive day on Wednesday as the US Dollar Index (DXY) surges to 13-month highs near 102.00. The precious metal has breached the 4,100 line and is heading to retest Year-to-date lows, at $4,023, and probably also the $4,000 psychological level.

Source  Fxstreet1782299139
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $61.15 per troy ounce, down 0.72% from the $61.60 it cost on Tuesday.

Source  Fxstreet1782293523
Oil: Market questions pace of Gulf supply recovery – ING

ING analysts Warren Patterson and Ewa Manthey note that Oil prices are grinding lower as flows from the Persian Gulf gradually recover, with ICE Brent down over 1%. They argue the sell-off looks overdone given a still-tightening market and limited recovery in Strait of Hormuz volumes.

Source  Fxstreet1782292222
WTI Oil drifts below $72.00 as Iran eases the grip on the Strait of Hormuz

Crude Oil prices keep trending lower, with the US benchmark West Texas Intermediate (WTI) barrel extending its decline below the $72.00 line on Wednesday, and reaching its lowest level since the UA and Israel attacked Iran in late February.

Source  Fxstreet1782289405
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