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.
Gold (XAU/USD) extends its recovery on Friday as technical buying accelerates, even as market sentiment remains cautious due to developments in the Middle East and uncertainty over the Federal Reserve’s (Fed) interest-rate outlook.
MUFG’s Michael Wan notes that Oil has spiked on renewed tensions in the Strait of Hormuz, even as Brent remains below US$85/bbl. He highlights Iran’s proposed restrictions on US and Israeli ships and regional conflict risks.
Gold (XAU/USD) resumes its bullish trend on Friday, after a brief consolidation on Thursday, to reach fresh three-week highs above $4,300, with bulls aiming for mid-June highs in the $4,380 area.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.34 per troy ounce, up 4.58% from the $61.52 it cost on Thursday.
TradingKey - 8월 7일 유럽 세션 기준, 금 가격은 ( XAUUSD)이 최근의 강세를 이어가며 장중 1% 이상 상승해 일시적으로 4,300달러 선을 돌파했다. 이번 주 누적 상승률이 6%를 넘어선 가운데, 금 가격은 올해 1월 이후 가장 큰 주간 상승폭을 기록할 전망이다. 한편, 7월 미국 비농업 고용 지표 발표를 앞두고 시장이 연방준비제도(Fe
Rabobank’s Joe DeLaura details how renewed United States (US)–Iran tensions and disruptions at the Strait of Hormuz have driven a sharp rally and subsequent correction in Brent and West Texas Intermediate (WTI).
ING’s Warren Patterson and Ewa Manthey report Copper trading comfortably above $14,000/t, close to record highs, supported by tariff-related stockpiling into the US and tight physical markets elsewhere. They flag low inventories, constrained mine supply and ongoing disruptions as key supports.
OCBC’s Sim Moh Siong and Christopher Wong note Gold has retained most recent gains after breaking key resistance, supported by lower Oil, softer yields, central bank and ETF buying and technical factors.
West Texas Intermediate (WTI), futures on NYMEX, extends Thursday’s recovery move slightly to near $77.80 during the day. The Oil price underperformed in the last two weeks on hopes of the Strait of Hormuz reopening, a critical chokepoint to almost 20% of global energy supply.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver price (XAG/USD) trades 1% higher to near $62.20 during the Asian trading session on Friday. The white metal rises ahead of the United States (US) Nonfarm Payrolls (NFP) data for July, which will be published at 12:30 GMT.
Gold (XAU/USD) consolidates below $4,250 during the Asian session on Friday and, for now, seems to have stalled the previous day's retracement slide from its highest level since June 18.
West Texas Intermediate (WTI) oil price remains steady after registering modest gains in the previous day, trading around $77.50 per barrel during the Asian hours on Friday.
West Texas Intermediate (WTI) Oil rebounds on Thursday as traders react to details of the proposed Iran-Oman agreement on the Strait of Hormuz. At the time of writing, WTI trades around $76.50 per barrel, up nearly 2.80% on the day.
Some details of the Oman and Iran plan to manage the Strait of Hormuz revealed that ships belonging to the US, Israel and other “hostile” countries will be prohibited.