Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $89.44 per troy ounce, up 5.20% from the $85.02 it cost on Tuesday.
Silver price (XAG/USD) recovers further on Wednesday, trades 6% higher to near $90.50 during the European trading session.
Deutsche Bank's Macro Strategy report highlights a significant recovery in Gold prices, which posted their largest daily gain since 2008. Gold rose by 6.12% to $4,947/oz, with further increases noted overnight.
West Texas Intermediate (WTI) Oil price declines after registering nearly 3% gains in the previous session, trading around $63.50 per barrel during the early European hours on Wednesday.
Gold prices rebounded strongly on Tuesday, reversing previous declines. The price rose by US$285.38 (6.1%) to US$4,946.76 per troy ounce. Silver also saw a significant rebound, increasing by US$5.89 (7.4%) to US$85.16 per troy ounce.
Gold (XAU/USD) attracts follow-through buying for the second consecutive day and surges past the $5,000 psychological mark during the Asian session on Wednesday amid the global flight to safety.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.75 during the Asian trading hours on Wednesday. The WTI price edges higher amid fears of rising tensions between the United States (US) and Iran.
Gold price (XAU/USD) trades in positive territory near $4,985 during the early Asian session on Wednesday. The precious metal extends the rebound after a historic and volatile sell-off last week. Traders weigh the next round of US economic signals and the broader demand for safe-haven assets.
Silver (XAG/USD) rebounds sharply on Tuesday and trades around $85.30 , up roughly 6.50% on the day at the time of writing.
West Texas Intermediate (WTI) Crude Oil stages a technical rebound on Tuesday, as buyers step in ahead of the $60 psychological level. At the time of writing, WTI is trading around $62.45 per barrel, up about 0.70% on the day after reversing its earlier intraday losses.
OCBC Bank analysts Sim Moh Siong and Christopher Wong report that Gold prices have shown tentative signs of stabilization after a sharp decline from above USD5,500/oz to a low of USD4,402/oz.
Rabobank's RaboResearch Team has noted a rally in European gas prices, which reached €43/MWh due to below-average storage levels and severe cold weather.
Gold (XAU/USD) climbs more than 5% on Tuesday as dip buyers step back into the market following last week’s violent correction from record highs near $5,600. At the time of writing, XAU/USD is hovering near $4,915, extending its rebound after slipping to near four-week lows around $4,402 on Monday.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $86.81 per troy ounce, up 8.58% from the $79.95 it cost on Monday.
Rabobank's RaboResearch Team has raised its 2026 Brent forecasts to $64/bbl from $58.25/bbl due to geopolitical tensions. WTI is now expected to average $59.80/bbl, up from $54.60/bbl.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.60 during the early European trading hours on Tuesday. The WTI price tumbles after reports that the United States (US) and Iran would begin talks on Friday.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) builds on the previous day's bounce from the $4,400 neighborhood, or the lowest level since January 6, and gains some follow-through traction during the Asian session on Tuesday.
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day's modest bounce from the $61.20 area, or a one-week trough, and attract some sellers for the second straight day on Tuesday.
Gold price (XAU/USD) recovers some lost ground to near $4,820 during the early Asian session on Tuesday. The precious metal edges higher following a historic market rout.
Silver (XAG/USD) trades sharply lower on Monday, hovering around $81.80 at the time of writing, down 2.0% on the day. The white metal extends the corrective move that began after last week’s steep drop, as markets rapidly reassess the macroeconomic and monetary outlook in the United States (US).