Silver (XAG/USD) moves strongly higher this Wednesday, trading around $52.45 at the time of writing, up 2.00% on the day.
Gold’s under-owned phase appears over. 13F filings show a sharp rise in institutional ETF ownership, options premia have shifted toward the ETF, and recent inflows are driven by retail-linked investors and hedge funds.
Gold (XAU/USD) edges higher on Wednesday as traders lean into a more dovish Federal Reserve (Fed) outlook, with XAU/USD trading around $4,171, near two-week highs after closing almost unchanged on Tuesday.
Gold (XAU/USD) remains trading on a firm tone on Wednesday, with price action consolidating above the $4,150 resistance area.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold is breaking historical norms. Outperformance versus the US Dollar (USD) matches a record set last year, and the 2025 range in Gold is the largest since 1980.
Industrial metals extended gains in yesterday’s trading, with LME Copper approaching the $11,000/t level amid a weakening US dollar. Expectations that the Federal Reserve will cut interest rates at its December meeting are growing once again.
European Gas prices extended their decline to an 18-month low as peace talks and mild weather forecasts pressured the market and widened the JKM–TTF spread, raising the risk of slower LNG inflows, ING's commodity experts Ewa Manthey and Warren Patterson note.
The Oil market came under further pressure as hopes for a peace deal between Russia and Ukraine continued to grow, ING's commodity experts Ewa Manthey and Warren Patterson note.
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.02 per barrel, up from Tuesday’s close at $57.88.
Silver price (XAG/USD) extends its three-day recovery move to near $52.00 during the Asian trading session on Wednesday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.15 during the Asian trading hours on Wednesday. The WTI edges higher on the prospect of the US Federal Reserve (Fed) rate reduction and a weaker US Dollar (USD) broadly.
Gold (XAU/USD) attracts fresh buyers following the previous day's two-way price move and climbs back closer to the $4,150 level during the Asian session on Wednesday.
Gold (XAU/USD) climbs over 0.14% on Tuesday after US economic data augmented speculation of a rate cut by the Federal Reserve (Fed) at the December 9-10 meeting. Also, falling US Treasury yields and a weaker US Dollar keep XAU/USD trading at $4,141 after hitting a daily low of $4,109.
West Texas Intermediate (WTI) Crude Oil retreats on Tuesday, giving back the modest gains recorded in the previous session as traders react to reports of progress on a United States (US) brokered Russia and Ukraine peace framework.
Gold (XAU/USD) is trading practically flat on Tuesday, holding most of the gains taken on Monday.
Gold (XAU/USD) holds firm on Tuesday as traders price a greater likelihood of a Federal Reserve (Fed) interest rate cut in December following dovish-leaning remarks from policymakers.
September Copper data showed a 57,000-ton deficit, but seasonally adjusted figures point to a slight surplus, suggesting the market remains well supplied despite recent price rallies, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
The price of Gold rose to $4,155 per troy ounce this morning. Since Friday afternoon, the price has risen by more than $100. The price increase was triggered by rising expectations of an interest rate cut at the Fed's next meeting in two weeks, Commerzbank's commodity analyst Carsten Fritsch notes.
Even with potential US sanctions easing, Russian Oil output is unlikely to surge, as OPEC+ production limits and near-capacity operations constrain any significant increase, Commerzbank's commodity analyst Carsten Fritsch notes.
Silver (XAG/USD) trades lower on Tuesday, around $51.20 at the time of writing. Despite this decline, any meaningful correction remains limited, as investors continue to show interest in the white metal amid elevated geopolitical uncertainty and a growing likelihood of further US monetary easing.
European gas prices slipped below EUR30/MWh as mild weather forecasts and ample LNG supply eased short-term concerns, though lower storage levels and fund positioning keep market risks present, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil prices climbed on broader risk appetite and rising expectations of a December Fed rate cut, while markets closely tracked evolving Ukraine peace talks that could reshape the supply outlook, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $58.45 per barrel, down from Monday’s close at $58.89.
Silver (XAG/USD) holds steady around the $51.45 region during the Asian session on Tuesday, nearly unchanged for the day.
Gold (XAU/USD) touches a one-and-a-half-week top during the Asian session on Tuesday and looks to build on the previous day's nearly 2% rally amid dovish US Federal Reserve (Fed) expectations.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.65 during the Asian trading hours on Tuesday. The WTI loses ground as the United States (US) pushes for a peace plan between Ukraine and Russia to end the three-year war.