Geoff Yu reports that a Qatari LNG carrier was struck near the Strait of Hormuz, reviving security concerns and lifting European gas prices and Brent, WTI, Omani and Dubai crude benchmarks.

Gold (XAU/USD) stalls its recovery and trades on the back foot for a second consecutive day as a steady US Dollar (USD) and doubts over the Federal Reserve's (Fed) interest rate path keep the upside in check.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $60.95 per troy ounce, down 1.79% from the $62.06 it cost on Monday.

According to data from the People's Bank of China (PBoC), world’s second-largest economy China increases its Gold reserves again.

Gold (XAU/USD) attracts sellers for the second straight day and drops to the $4,125-$4,124 region during the Asian session on Tuesday. Crude oil prices edge higher amid renewed tensions in the Strait of Hormuz, reviving inflationary concerns.

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

Silver price (XAG/USD) is down 1.35% to near $61.00 during the Asian trading session on Tuesday.

TradingKey - 7월 7일 아시아 거래 세션 기준 금값(XAUUSD)은 4,140달러 부근에서 등락을 거듭하며 약세를 보였습니다. 기술적 관점에서는 금값이 4거래일 연속 반등하며 전날 4,200달러의 저항선을 터치했고, 이에 따라 매수 세력의 단기 차익 실현 매물이 출현하며 이후 2거래일 연속 조정을 받았습니다.달러화의 반등이 금 가격에 부담으로 작

West Texas Intermediate (WTI) oil price gains ground after registering modest losses in the previous day, trading around $69.20 per barrel during the Asian hours on Tuesday. Crude oil prices receive a temporary boost following renewed geopolitical tensions in the Strait of Hormuz.

Bloomberg carried a story by an Axios reporter late Monday, citing a US official, that Iran fired at least two missiles at commercial ships transiting through the Strait of Hormuz.  

Silver price retreats by over 1% on Monday, even as the Greenback and US Treasury yields edge lower, with the white metal threatening to drop below $60 for the first time this week. At the time of writing, the XAG/USD trades at $61.80, after peaking at around $63.28 earlier during the day,

Gold (XAU/USD) price retreats by some 0.50% on Monday as the Greenback remains steady despite traders repricing a less hawkish Federal Reserve (Fed) following last Thursday’s softer-than-expected jobs report. The XAU/USD pair trades at $4,153, down 0.50%.

West Texas Intermediate (WTI) has spent three weeks handing back what the war spent three months building, and the tape now reads as though February never ended.

TradingKey - 미국과 이란 간의 임시 휴전 협정이 발효되고 호르무즈 해협을 통한 해상 운송이 점차 재개됨에 따라, 글로벌 원유 시장이 극적인 반전을 맞이하고 있습니다.지정학적 갈등으로 한때 긴장감이 감돌았던 공급 부족 시나리오는 사라지고, 대신 잠재적인 공급 과잉에 대한 우려가 그 자리를 채우고 있습니다. OPEC+ 동맹은 생산량 회복과 가격 안정

BNY’s Geoff Yu notes that OPEC+ has ratified another production quota increase, extending gradual supply normalization and adding pressure on Brent and WTI.

Gold (XAU/USD) edges lower on Monday as a firmer US Dollar (USD) and mild profit-taking cap gains following last week's rebound from a more than seven-month low of $3,941.

West Texas Intermediate (WTI) US Oil trades around $68.30 at the time of writing on Monday, down 0.64% on the day, as investors continue to assess the global supply outlook following the latest production decisions by the Organization of the Petroleum Exporting Countries and its allies (OPEC+).

Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $62.02 per troy ounce, down 0.64% from the $62.42 it cost on Friday.

Commerzbank’s Dr. Henry Hao and Charlie Lay highlight a structural shift in Oil as a US–Iran interim peace deal boosts crude supply and restores shipping through the Strait of Hormuz. Seven OPEC+ members will lift output again in August, raising fears of a global crude glut.

Silver price (XAG/USD) halts its four-day winning streak, trading around $62.30 per troy ounce during the European hours on Monday. The white metal edges lower as market expectations solidify around a Federal Reserve (Fed) interest rate hike later this year.

Brent Crude Oil trade flat near $71.90 during the European trading session on Monday.

Rabobank’s Senior Market Strategist Benjamin Picton highlights that Brent has turned lower as OPEC+ eases production cuts and tanker flows through the Strait of Hormuz resume, but stresses that shipping risks remain crucial for Oil prices.

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

Silver price (XAG/USD) is down 1% to near $61.80 during the Asian trading session on Monday. The white metal falls back after rising for four straight trading days.

Gold (XAU/USD) struggles to capitalize on its modest Asian session uptick and trades below a fresh two-week high, levels just above the $4,200 mark, touched this Monday.

West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $69.00 per barrel during the Asian hours on Monday.

 The Organization of Petroleum Exporting Countries and its allies (OPEC+), including Russia, agreed to raise their output targets by 188,000 barrels a day starting in August.

Speaking at the World Peace Forum in Beijing on Saturday, Iran’s ambassador to China, Abdolreza Rahmani Fazli, said that Tehran is considering introducing new service fees for ships passing through the Strait of Hormuz, while promising “special" treatment for countries that supported Iran during the

시장 트렌드 추적TradingKey - 동부시간 7월 6일 장전, 지난 금요일 미국 증시가 독립기념일 연휴로 휴장함에 따라 투자자들은 위험 선호도 변화의 신호를 포착하기 위해 원자재, 외환, 암호화폐 자산으로 눈을 돌렸습니다.원자재 시장에서 유가는 여전히 낮은 범위 내의 변동성을 유지하고 있습니다. OPEC+는 주말 동안 감산을 점진적으로 완화하는 수개월간