News

Gold edges higher as US-Iran ceasefire talks lift market sentiment

Gold (XAU/USD) edges higher on Monday as the US Dollar (USD) softens amid improving market sentiment, with traders reacting to fresh diplomatic developments aimed at ending the US-Iran war. At the time of writing, XAU/USD is trading around $4,691, rebounding from an intraday low near $4,600.

Source  Fxstreet1775476914
WTI Oil drifts to $102.00 level amid hopes of a peace deal in Iran

US benchmark West Texas Intermediate Oil (WTI) depreciated about $5 from session highs on Monday, hitting lows near $101.00 per barrel, from $106.44 highs, weighed by news that the US and Iran might be bringing positions closer to a peace deal through international intermediaries.

Source  Fxstreet1775470231
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $73.53 per troy ounce, up 0.67% from the $73.05 it cost on Friday.

Source  Fxstreet1775468266
Oil: Supply shock drives global divergence – BNY

BNY’s Bob Savage highlights a severe Oil supply shock, with front‑month Brent spiking above $140 and forward prices far lower, tightening global financial conditions.

Source  Fxstreet1775462301
Brent: War-driven supply shock supports prices – Commerzbank

Commerzbank’s Dr. Henry Hao and Moses Lim highlight that Brent crude Oil remains supported as Middle East conflict disrupts regional energy infrastructure and constrains OPEC+ supply.

Source  Fxstreet1775455775
Iran Parliament Speaker condemns Trump threats over energy infrastructure

Iran’s parliamentary speaker Mohammad Baqer Qalibaf condemned US President Donald Trump’s threats to target energy and transport infrastructure, saying he was being misled by Israel’s Prime Minister Benjamin Netanyahu, Reuters reported on Monday.

Source  Fxstreet1775455153
Silver Price Forecast: XAG/USD wobbles around $72.50 in countdown to Trump’s ultimatum

Silver price (XAG/USD) trades 0.7% lower to near $72.50 in the late Asian trade on Monday, but is broadly consolidating in a limited range. The white metal turns sideways as investors await Iran’s response to United States (US) President Donald Trump’s ultimatum.

Source  Fxstreet1775453640
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Source  Fxstreet1775450120
Gold sticks to negative bias amid rising rate hike bets, firmer US Dollar

Gold (XAU/USD) struggles to capitalize on Friday's goodish recovery from the vicinity of the $4,550 level and kicks off the new week on a weaker note.

Source  Fxstreet1775445525
WTI Price Forecast: Retreats from four-week high, slips below 104.00 despite supply risks

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on modest Asian session gains to the $106.45 region, or a nearly four-week high, and retreats to the lower end of its daily range in the last hour.

Source  Fxstreet1775439695
OPEC+ agrees to boost oil output in May amid global energy crisis

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to raise their oil output quotas by 206,000 barrels per day (bps) for May, Reuters reported.

Source  Fxstreet1775428693
WTI rises to near $105.00 as Trump threatens to hit Iran infrastructure

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $105.00 during the Asian trading hours on Monday. The WTI price climbs to its highest levels in nearly four years amid escalating conflict in the Middle East.

Source  Fxstreet1775428248
If the Strait of Hormuz Remains Closed: What Commodity Markets Will Experience?

TradingKey - As of April 3 ET, the Strait of Hormuz has effectively been closed for five consecutive weeks. This situation continues to impact global commodity markets.Just how critical is the Strait

Source  Tradingkey1775264919
Gold Price Forecast: XAU/USD bears remain capped above the $4,600 area 

Gold’s (XAU/USD) reversal from weekly highs at the $4,800 area remains contained above previous highs, in the area of $4,600, with the precious metal changing hands at $4,665 at the time of writing.

Source  Fxstreet1775210030
Is the Era of Global Central Bank Gold Buying Really Coming to an End?

TradingKey - Are central banks collectively selling off gold? Since the situation in Iran deteriorated, the gold market has experienced dramatic volatility. In March, gold prices ( XAUUSD) plummeted b

Source  Tradingkey1775209518
Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $73.05 per troy ounce, broadly unchanged 0.00% from the $73.05 it cost on Thursday.

Source  Fxstreet1775208634
WTI remains stronger near $104 as Trump threats fuel supply fears

West Texas Intermediate (WTI) oil price steadies around $103.80 per barrel during the early European hours on Friday. WTI price gained over 10% as supply concerns intensified following renewed Iran threats from US President Donald Trump.

Source  Fxstreet1775201161
India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.

Source  Fxstreet1775190950
WTI trades near $104.00 after 10% surge on Trump's Iran threats

West Texas Intermediate (WTI) oil price rises over 10% after two days of losses, trading around $103.80 per barrel during the Asian hours on Friday. Crude oil prices surged as markets reassessed the scale of supply risks stemming from the ongoing conflict in the Persian Gulf.

Source  Fxstreet1775183355
US President Donald Trump urges Iran to make deal after bridge strike

US President Donald Trump touted the destruction of a bridge in Tehran, Iran. He warned that there was “much more to follow” and urged Tehran to “make a deal before it is too late."

Source  Fxstreet1775173768
Gold falls below $4,700 ahead of US NFP release

Gold price (XAU/USD) faces some selling pressure to near $4,675 during the early Asian session on Friday. The precious metal falls as US President Donald Trump's comments about the war with Iran spiked oil prices. Trading activity remains muted due to Good Friday.

Source  Fxstreet1775171367
Gold slides over 2% as Trump extends Iran operation, lifts USD bids

Gold price recoils by some 2% as the US Dollar rises after US President Donald Trump revealed that the war on Iran would last from two to three weeks, pouring cold water on hopes for a quick resolution to the Middle East conflict.

Source  Fxstreet1775155341
WTI rallies as Trump signals continued military action against Iran

West Texas Intermediate (WTI) Crude Oil rebounds sharply on Thursday, rising more than 8% on the day, as ongoing tensions in the Middle East continue to keep a geopolitical risk premium embedded in prices amid supply disruptions through the Strait of Hormuz.

Source  Fxstreet1775146928
Oil: War escalation risks keep prices elevated – ING

ING analysts Ewa Manthey and Warren Patterson note that Oil prices rebounded strongly, with Brent above $107/bbl and WTI near $106/bbl, after US President Donald Trump threatened a further escalation of the conflict with Iran.

Source  Fxstreet1775138348
Gold retreats from two-week highs amid USD, yields rebound after Trump remarks

Gold (XAU/USD) trades on the back foot on Thursday, snapping a four-day rally as initial optimism that the US-Israel war with Iran could end soon faded after US President Donald Trump signaled continued military action in his address to the nation.

Source  Fxstreet1775132485
OPEC+ to raise oil output quota in meeting on April 5 – Reuters

OPEC+ is likely to weigh a further oil output quota hike at the meeting on April 5, Sunday, to prepare for any easing of Strait of Hormuz export constraints, according to a report from Reuters.

Source  Fxstreet1775129471
Aluminium: Supply shock risk supports prices – ING

ING’s Ewa Manthey and Warren Patterson report Aluminium prices above $3,500/t after unconfirmed reports of major Gulf smelter disruptions at EGA and Alba.

Source  Fxstreet1775123741
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $71.46 per troy ounce, down 4.84% from the $75.09 it cost on Wednesday.

Source  Fxstreet1775122481
Oil: War risks and Strait tensions – Rabobank

Rabobank’s Senior Market Strategist Benjamin Picton notes that Brent briefly fell below $100 before Donald Trump’s national address reversed risk sentiment, sending Oil higher and bond yields up.

Source  Fxstreet1775117956
US: Inflation upturn with oil shock – Commerzbank

Commerzbank economists Dr. Christoph Balz and Dr. Ralph Solveen argue that higher Oil prices from the Iran War are set to push US inflation higher. They expect March CPI to rise 0.9% month-on-month and 3.3% year-on-year, with core at 0.3% and 2.7%.

Source  Fxstreet1775115640
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