After a call with Russian President Putin, President Trump said Russia will immediately supply more than 300K tons of diesel to the US and global markets. He put the next shipments at 500K tons in November and 1 million tons after that.
Silver price rallies over 2.80% on Friday as buyers buy the dip at $59.17, pushing the white metal above $60.00 to hit a two-day high of $61.19. At the time of writing, the XAG/USD trades at $60.86.
Gold (XAU/USD) price advances more than 1.40% on Friday, capitaliszng on a dip in US Treasury yields and a softer Greenback, as recent US data suggests households are becoming pessimistic about the economy, while investors seem confident that the Federal Reserve (Fed) will stay pat on rates.
Bitcoin (BTC) continues to regain momentum on Friday, trading above $82,000. Buyers are increasingly taking on more risk after a sharp week-long correction to lows near $80,000.
West Texas Intermediate (WTI) Oil trades little changed on Friday as traders weigh easing fears of an immediate US-Iran military escalation against persistent supply risks in the Strait of Hormuz. At the time of writing, WTI trades around $90.65 per barrel, up 0.10% on the day.
TD Securities’ Ryan McKay and Bart Melek highlight that CTAs (Commodity Trading Advisors) are covering Gold shorts, with positioning rising by around 7% of maximum historical size. They note renewed inflows into Chinese Gold ETFs after the holiday and continued global ETF demand.
Rabobank's Senior Economist Maartje Wijffelaars notes Oil prices climbed to around $105 per barrel as Iran struck tankers, before Brent eased after US comments on talks with Iran. Despite the pullback, Oil and diesel remain elevated, with Gasoil sharply higher since Tuesday.
Gold (XAU/USD) trades on the front foot on Friday but struggles to extend its advance as the US Dollar (USD) and US Treasury yields show signs of stabilisation following Thursday’s sharp pullback.
Gold (XAU/USD) accelerates its recovery on Friday, favoured by a softer US Dollar, amid a moderate pullback in US yields.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $60.40 per troy ounce, up 2.06% from the $59.19 it cost on Thursday.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through selling on Friday, extending the previous day's pullback from a one-week high, around the $92.40 region.
Silver price (XAG/USD) is up 2% to near $60.40 during the European trading session on Friday, reversing its entire Thursday’s losses. The white metal strengthens as its appeal has improved due to a pullback in United States (US) Treasury Yields.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.65 during the early European trading hours on Friday. WTI declines after US President Donald Trump said Washington would not attack Iran before November’s midterm elections.
China is set to resume refined fuel exports in October following a temporary suspension during the Golden Week holiday, Reuters reported on Friday. This move aims to help ease tight global diesel, gasoline and jet fuel markets.
Gold (XAU/USD) attracts buyers for the second consecutive day on Friday, recovering further from a two-month low, around the $4,066 area, touched earlier this week.
Silver price (XAG/USD) gains ground after three days of losses, trading around $60.10 per troy ounce during Asian hours on Friday. Non-yielding Silver gains support as a decline in oil prices eases inflationary concerns and Fed rate hike expectations.
West Texas Intermediate (WTI) oil price declines after posting nearly 2.5% gains in the previous day, trading around $90.30 per barrel during Asian hours on Friday.
Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reserve's (Fed) uncertain interest-rate path.
Gold (XAU/USD) price edges higher on Thursday, underpinned by lower US Treasury yields and a weaker US Dollar, even as Federal Reserve (Fed) officials support further tightening by the US central bank. At the time of writing, XAU/USD trades at $4,130, up 0.48%, after bottoming near $4,103.
Gulf Crude Oil exports got back to their pre-war level in September by two routes, a tanker shuttle across the Strait of Hormuz and a detour around it, and both have come under attack since September. Crude Oil trades just above $92.00, on track for its biggest one-day rise since September 10.
TradingKey - 10월 8일 장중 국제 유가가 급등하며, WTI(USOIL) 원유와 브렌트(UKOIL) 원유 모두 한때 5% 이상 상승했습니다. 중동 해상 운송 안보 리스크가 다시 고조된 가운데 허리케인으로 인해 미국 멕시코만의 일부 원유 생산이 중단되면서, 공급 측면의 불확실성이 유가를 빠르게 끌어올렸습니다.WTI 원유 가격 일봉 차트, 출처: T
Gold (XAU/USD) reverses its modest recovery on Thursday as a stronger US Dollar (USD) and rising US Treasury yields cap upside attempts, leaving the metal in a bearish consolidation phase near two-month lows.
Silver price (XAG/USD) posts a fresh two-month low at around $58.50 during the European trading session on Thursday. The white metal faces intense selling pressure as United States (US) bond yields eye more upside on the back of recovery signs in oil prices.
Gold (XAU/USD) ticks up on Thursday, trading at the $4,125 area after bouncing up from two-month lows at $4.066 on Wednesday.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $58.97 per troy ounce, down 1.65% from the $59.95 it cost on Wednesday.
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions.
Crude Oil is trading higher on Thursday following reports of new attacks on Saudi Arabian airports by Iran-backed Houthi militias.
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some buyers during the Asian session on Thursday and currently trades around the $89.30-$89.35 region, up over 1.0% for the day.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.