Silver (XAG/USD) advances on Monday, trading around $52.20 per troy ounce at the time of writing, up 0.70% on the day. The grey metal recovers strongly after Friday’s correction, supported by renewed demand for safe-haven assets as geopolitical and fiscal concerns weigh on market sentiment.
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.82 per barrel, down from Friday’s close at $57.24.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.25.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.50 during the early European trading hours on Friday. The WTI remains on the defensive amid uncertainty over global energy supplies and a bigger-than-forecast crude inventory build.