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WTI drifts lower to near $60.50 as US crude inventories rise, sanction risks in focus

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.50 during the Asian trading hours on Tuesday. The WTI edges lower amid a rise in US crude inventories.

Source  Fxstreet1763524594
Silver Price Forecast: XAG/USD bulls have the upper hand while above $49.35 pivotal support

Silver (XAG/USD) reverses a modest Asian session dip to levels below the $50.00 psychological mark and looks to build on the previous day's bounce from an over one-week low.

Source  Fxstreet1763519768
Gold Price Forecast: XAU/USD climbs above $4,050 amid risk-off sentiment

Gold price  XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data.

Source  Fxstreet1763510642

United States API Weekly Crude Oil Stock increased to 4.4M in November 14 from previous 1.3M

Source  Fxstreet1763502495
WTI strengthens as traders balance surplus forecasts and geopolitical shifts

West Texas Intermediate (WTI) Oil edges higher on Tuesday, trading around $60.50 and up nearly 1.35% on the day, despite ongoing worries about a widening supply surplus.

Source  Fxstreet1763490429
Gold climbs above $4,050 as markets lean dovish ahead of US data

Gold (XAU/USD) advances modestly during Tuesday’s North American session as the Greenback also remains bid and risk appetite deteriorates amid fears of an economic slowdown. At the time of writing, XAU/USD trades at $4,058, up 0.36%.

Source  Fxstreet1763490018
Silver edges higher as risk-off mood, Fed uncertainty drive demand

Silver (XAG/USD) edges higher on Tuesday, trading around $50.70 at the time of writing, up 1.00% on the day. The precious metal is supported by a broad risk-off tone across markets, with investors favoring safe-haven exposure as risk assets come under pressure.

Source  Fxstreet1763488125
Gold holds above $4,000 as risk-off mood lifts safe-haven demand

Gold (XAU/USD) steadies on Tuesday as risk-off sentiment across global markets prompts a mild pickup in safe-haven demand. At the time of writing, XAU/USD is trading around $4,040, staging a modest rebound after slipping to $3,998 earlier in the Asian session.

Source  Fxstreet1763468578
Gold Price Forecast: XAU/USD holds above the $4,000 support area

Gold has bounced up from $4,000 but remains capped below a previous support, at $4.050.

Source  Fxstreet1763463334
Inelastic demand strength is key for Gold – Deutsche Bank

Gold remains relevant as a portfolio diversifier even though positive correlations with risk have become more frequent in recent years, Deutsche Bank's Research Analyst Michael Hsueh reports.

Source  Fxstreet1763460043
Silver Price Forecast: XAG/USD recovers above $50 while investors await US NFP data

Silver price (XAG/USD) claws back its early losses and turns slightly positive to near $50.30 during the European trading session on Tuesday.

Source  Fxstreet1763458071
Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $59.34 per barrel, down from Monday’s close at $59.71.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.38 after its previous daily close at $63.75.

Source  Fxstreet1763449504
Silver Price Forecast: XAG/USD falls to near $49.50 as Fed rate cut likelihood fades

Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December.

Source  Fxstreet1763441184
Gold languishes near one-week low amid reduced Fed rate cut bets

Gold (XAU/USD) remains under some selling pressure for the fourth consecutive day on Tuesday and drifts back closer to a one-and-a-half-week low, around the $4,000 neighborhood, touched the previous day.

Source  Fxstreet1763440961
WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside

West Texas Intermediate (WTI) Oil price stalls its three-day rally, slipping to around $59.60 per barrel during Asian hours on Tuesday. Prices softened amid renewed concerns about oversupply after an ING report projected a significant market surplus through 2026.

Source  Fxstreet1763434691
Gold holds near $4,080, capped by hawkish Fed ahead of NFP data

Gold (XAU/USD) trades choppy during Monday’s session as market participants now expect the Federal Reserve (Fed) will keep rates unchanged at the December meeting, while they also wait for the release of the first tranche of US economic data this week.

Source  Fxstreet1763405330
Silver edges higher but remains constrained below $51.00 amid mixed market signals

Silver (XAG/USD) trades slightly higher on Monday, around $50.90 at the time of writing, up 0.50% on the day.

Source  Fxstreet1763401967
WTI steadies above $60 amid easing disruption fears and cautious market tone

WTI inches higher on Monday, supported by steady risk sentiment and easing supply concerns after Russia’s Novorossiysk hub resumed shipments following last week’s Ukrainian strike.

Source  Fxstreet1763387060
Gold subdued as DXY rebounds and December Fed cut bets fade

Gold (XAU/USD) kicks off the week on a subdued note, consolidating losses after a two-day slide that followed last week’s push to over a three-week high.

Source  Fxstreet1763381610
Gold Price Forecast: XAU/USD is looking for direction right below $4,100

Gold’s (XAU/USD) reversal from monthly highs near $4,250 hit last week has been contained above $4,040, but the precious metal is trading sideways on Monday with upside attempts capped below the $4,100 so far.

Source  Fxstreet1763376932
Copper: Complex under pressure – ING

LME Copper and Aluminium pared weekly gains as China’s economy cooled more than expected in October, ING's commodity experts Ewa Manthey and Warren Patterson note.

Source  Fxstreet1763373773
Oil: Novorossiysk resumes Oil shipments – ING

ICE Brent settled almost 1.2% higher last week after a Friday rally following a Ukrainian attack on the Russian port of Novorossiysk.

Source  Fxstreet1763371790
Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $59.30 per barrel, down from Friday’s close at $59.77.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $63.92.

Source  Fxstreet1763363244
Gold remains defensive amid modest USD uptick; downside seems cushioned

Gold (XAU/USD) attracts some sellers following a modest Asian session uptick to levels just above the $4,100 mark and remains on the defensive for the third straight day on Monday.

Source  Fxstreet1763353622
WTI slumps below $59.50 amid signs Novorossiysk port is reopening

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.35 during the Asian trading hours on Monday. The WTI attracts some sellers following signs that activity had resumed at the key Russian port of Novorossiysk on the Black Sea.

Source  Fxstreet1763345126
Gold plunges below $4,100 as hawkish Fed rhetoric trims December rate-cut bets

Gold (XAU/USD) tumbles near 2% on Friday yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve might pause its easing cycle as most officials struck a hawkish message.

Source  Fxstreet1763148675

United States Baker Hughes US Oil Rig Count above expectations (415): Actual (417)

Source  Fxstreet1763143419
WTI rebounds on Russian depot strike, US sanctions despite oversupply fears

West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the day, after hitting a daily high at $60.47.

Source  Fxstreet1763127293
Gold Price Forecast: XAU/USD dips below $4,150 as the US Dollar picks up 

Gold (XAU/USD) is heading lower on a choppy trading session on Friday, weighed by a firmer US Dollar amid the risk-averse sentiment.

Source  Fxstreet1763122965
Positive supply news for the Copper market – Commerzbank

The Copper price only briefly exceeded the $11,000 per ton mark, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

Source  Fxstreet1763122091
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