TD Securities strategists note that money managers sharply increased long Gold exposure as modest inflation, soft United States (US) employment data and expectations that the Federal Reserve (Fed) will not hike rates this year weigh on the US Dollar (USD).

Gold (XAU/USD) struggles to build on its intraday advance on Monday but holds modest gains as the US Dollar (USD) remains under selling pressure amid fading expectations that the Federal Reserve (Fed) will raise interest rates at its September meeting.

ING’s Ewa Manthey and Warren Patterson report that LME copper has surged to a record high above $14,000/t, with a sharply backwardated cash/3M spread underscoring near-term tightness.

Gold (XAU/USD) maintains a bullish bias around $4,400, supported by a weaker US Dollar (USD) and fading expectations of further interest rate hikes by the Federal Reserve (Fed).

West Texas Intermediate (WTI) US Oil advances on Monday and trades around $82.10 at the time of writing, up 0.70% on the day. Oil prices remain supported by the deadlock between the United States (US) and Iran, which keeps concerns about Oil flows through the Strait of Hormuz elevated.

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $65.46 per troy ounce, up 1.17% from the $64.70 it cost on Friday.

TradingKey - 8월 17일 유럽 세션 기준 금 가격(XAUUSD)은 지난 금요일의 상승세를 이어가며 당일 약 0.7% 상승한 4,400달러 선 위에서 거래되고 있으며, 장중 최고가인 4,416.43달러를 기록했다. 최근 부진한 미국 경제 지표가 9월 연준의 금리 인상에 대한 시장의 기대를 더욱 위축시키면서 금 가격을 지속적으로 지지하고 있다.미국

Gold prices rose in India on Monday, according to data compiled by FXStreet.

Gold (XAU/USD) builds on Friday's bounce from the $4,300 neighborhood, or a one-week low, and gains some follow-through positive traction at the start of a new week.

Silver (XAG/USD) is seen building on Friday's bounce from mid-$63.00s and gaining some follow-through positive traction at the start of a new week.

TradingKey - 월요일(8월 17일) 아시아 장 초반, 현물 금(XAUUSD) 가격이 강세를 보이며 현재 온스당 4,406달러 안팎에서 거래되고 있다. 지난 한 주 동안 금 가격은 장중 변동성이 두드러지게 확대됐으나, 전체적으로는 약 0.8% 상승했다. 현재 시장은 한편으로는 미국 경제 지표 둔화가 연준 정책 기대감에 미치는 영향에 주목하는 동시에,

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $81.60 during the Asian trading hours on Monday. WTI remains volatile as talks to reopen the Strait of Hormuz have completely deadlocked.  

Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve (Fed) interest rate hike. 

Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.

Gold price registers solid gains of nearly 0.90% on Friday as the US Dollar weakens across the board, following a week that featured softer inflation data, which decreased the chances for a rate hike by the Federal Reserve (Fed). The XAU/USD trades at $4,386, still below the $4,400 threshold.

Commerzbank’s Norman Liebke stresses that European natural gas remains structurally tighter than Oil as Qatar LNG is cut off and US cargoes are redirected to Asia.

Silver (XAG/USD) trades on the front foot on Friday but lacks strong follow-through and remains within the narrow range seen this week. At the time of writing, XAG/USD trades around $65 after bouncing from an intraday low of $63.51.

Commerzbank’s Barbara Lambrecht observes that despite falling LME Copper stocks and trimmed output guidance from a major producer, the recent Copper rally is losing momentum.

Commerzbank’s Carsten Fritsch notes Gold has rallied to its highest level since early June as markets scale back expectations for further Fed rate hikes.

TD Securities’ Ryan McKay and Bart Melek note that CTA (Commodity Trading Advisors) net long positioning in Gold is becoming more entrenched as discretionary demand improves.

UBS economist Paul Donovan discusses how the Gulf war has lifted Oil prices and pushed consumer price inflation above target in major economies.

Gold (XAU/USD) rebounds on Friday after opening the day in negative territory and falling to a fresh weekly low of $4,311.

West Texas Intermediate (WTI) US Oil rebounds on Friday and trades around $80.80 at the time of writing, up 0.40% on the day. Oil prices recover some of their losses after two days of correction as investors remain concerned about energy supply disruptions in the Middle East.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.76 per troy ounce, up 0.48% from the $64.45 it cost on Thursday.

Silver (XAG/USD) gains 0.37% on Friday and trades around $64.70 at the time of writing, erasing part of its recent correction.

TradingKey - 8월 14일 유럽 장 기준, 국제 구리 현물 가격(COPPER)은 장중 0.3% 소폭 내린 1만 4,070달러 안팎에서 거래되며 사상 최고치 인근에서 등락을 이어갔다. 단기 차익 실현 매물에도 불구하고 올해 국제 구리 가격은 전반적인 강세를 유지하며 다시 1만 4,000달러 선을 상회했다.가격 흐름 관점에서 구리 가격은 1만 4,00

Deutsche Bank analysts highlight that Brent Oil has finally broken a six-day winning streak, with prices pulling back modestly as some geopolitical risk premium is removed.

West Texas Intermediate (WTI), futures on NYMEX, trades 0.4% higher around $81.40 during the early European trading session on Friday.

Gold (XAU/USD) is seen extending the previous day's pullback from the vicinity of the $4,450 level, or the highest since June 5, and drifting lower for the second straight day on Friday.

Silver price (XAG/USD) is down 1% to near $63.80 during the Asian trading session on Friday.