Silver price (XAG/USD) climbs over 3% on Monday even though US Treasury yields had climbed, with the white metal refreshing one-month highs at $66.07. At the time of writing, the XAG/USD Trades at $65.76 with buyers eyeing key resistance levels.
West Texas Intermediate (WTI) jumps more than 6% on Monday, erasing last week’s losses as uncertainty over when the Strait of Hormuz will reopen keeps supply concerns and the geopolitical risk premium firmly in place. At the time of writing, WTI trades around $81.15 per barrel, near a one-week high.
Gold (XAU/USD) price edges up at the beginning of the week as the reopening of the Strait of Hormuz faces delays due to demands from Iran to the US, and is capped by the modest strength of the Greenback, with traders eyeing the release of crucial US inflation data.
TD Securities’ commodity strategists report that Gold is holding gains after weaker US jobs data reduced perceived Fed hike risks, but CTAs (Commodity Trading Advisors) are unwinding length.
West Texas Intermediate (WTI) US Oil rises 3.20% on Monday and trades around $78.80 at the time of writing. Oil prices retain strong daily gains, supported by uncertainty surrounding the reopening of the Strait of Hormuz and persistent tensions in the Middle East.
ING strategists Ewa Manthey and Warren Patterson highlight that China’s latest trade data show continued weakness in copper imports, with unwrought volumes down 11.5% year-on-year and concentrate flows also softer.
ING analysts Ewa Manthey and Warren Patterson note that Oil prices remain supported by uncertainty around the Strait of Hormuz as US-Iran negotiations continue.
Silver (XAG/USD) struggles to extend its gains on Monday following last week’s strong breakout as traders assess the Federal Reserve’s (Fed) interest rate outlook amid risks on both sides of its dual mandate.
Gold (XAU/USD) holds firm on Monday as buyers take a breather following last week’s sharp rally, with the broader market theme still centred on the Federal Reserve’s (Fed) interest-rate outlook and developments in the Middle East.
ING’s Ewa Manthey and Warren Patterson report that Gold extended its rally as the People’s Bank of China (PBoC) added 640koz to reserves, marking 21 consecutive months of accumulation. Spot Gold moved above $4,320/oz, supported by ongoing central bank buying and stronger Chinese ETF demand.
Gold holds gains around $4,350, with two-month highs at $4,380 under pressure.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $64.24 per troy ounce, up 1.08% from the $63.55 it cost on Friday.
West Texas Intermediate (WTI), futures on NYMEX, gives back some of its early gains, but it still 1.6% higher at around $77.55 during the European trading session on Monday. The oil price retreats from its day’s high as fears of a prolonged global energy supply disruption have escalated.
Silver (XAG/USD) appreciates for the second consecutive day on Monday, trading around $64.30 after confirming above July’s peak in the $63.30 area.
Rabobank’s Bas van Geffen notes that talks on reopening Hormuz are progressing slowly, with Iran adding new conditions on the United States (US), keeping geopolitical risk elevated for Oil.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note amid the US-Iran standoff over the reopening of the Strait of Hormuz.
Gold prices fell in India on Monday, according to data compiled by FXStreet.
TradingKey - 월요일 국제 유가는 시장이 호르무즈 해협 통항 전망과 중동 정세 전개에 계속 주목하면서 상승세를 이어갔다. 호르무즈 해협을 통한 선박 운항 재개에 관한 이란과 오만의 협상이 아직 명확한 진전을 보이지 못하면서, 원유 공급 불확실성에 대한 시장의 우려가 지속되었다.브렌트유 선물( UKOIL-F)은 배럴당 2.65% 상승한 84.38달러
Silver price (XAG/USD) trades in a tight range at around $63.50 during the Asian trading session at the start of the week. The white metal struggles for a direction but is close to an almost seven-week high of $65.16 posted on Friday.
Gold (XAU/USD) drifts lower at the start of a new week and moves away from its highest level since June 17, touched on Friday following the disappointing release of the US Nonfarm Payrolls (NFP) report.
Tradingkey - 현물 금( XAUUSD)은 동부시간 기준 8월 7일 4,350달러 선을 돌파하고 4,400달러를 향해 나아가고 있다. 이는 금값이 지난 6월 17일 이후 처음으로 이 가격 수준에 복귀한 것이기도 하다.금값 상승을 견인하는 직접적인 요인을 살펴보면, 이는 미국의 7월 비농업 고용 지표 둔화로 인해 촉발됐다. 다만 이번 금값 상승세가 일
Silver price surges nearly 3% as it clears the 50-day Simple Moving Average (SMA) at $62.13, and reclaims the $63.00 figure as it struggles to surpass key resistance seen at $63.28, the July 6 high.
Gold (XAU/USD) skyrockets on Friday, gaining over 2.30% in the day and more than 7% in the week after US jobs data was mixed, with a softer Nonfarm Payrolls print while the Unemployment Rate remained steady.
Gold (XAU/USD) is gaining momentum on Friday, trading above $4,350 after the United States (US) Bureau of Labor Statistics (BLS) released the Nonfarm Payrolls (NFP) report. Bitcoin (BTC) shows signs of a steady recovery above $65,000, buoyed by growing risk-on sentiment.
Norman Liebke at Commerzbank has revised Gas and German power price forecasts higher, citing tighter European storage, increased reliance on LNG and structural constraints on Qatari exports. The phase-out of Russian Gas from 2027 adds upside risk.
TD Securities strategists Ryan McKay and Bart Melek highlight that strong discretionary and Asian buying is supporting Gold, even as CTA (Commodity Trading Advisors) positioning has plateaued.
ING Commodities Strategist Ewa Manthey highlights that Copper has surged back near record highs as traders accelerate shipments into the US ahead of potential import tariffs, tightening physical markets and draining LME inventories.
Silver (XAG/USD) jumps nearly 4% on Friday as buying accelerates following a decisive break above the 50-day Simple Moving Average (SMA) near $62. At the time of writing, the grey metal trades around $63.94 after briefly testing the $65 psychological mark.
Silver (XAG/USD) extends its strong rally on Friday, trading around $64.10 at the time of writing, up 4.16% on the day.
Oil prices are trimming gains on Friday, with the barrel of the US benchmark West Texas Intermediate (WTI) trading just below $76.00 at the time of writing, on track for a 10% weekly decline.