Silver (XAG/USD) stabilises around $58.60 on Tuesday, up 0.85% on the day, as investors hold their breath ahead of the Federal Reserve’s (Fed) monetary policy decision due on Wednesday.
Gold (XAU/USD) holds its footing on Tuesday, extending the sideways pattern that has dominated trade for a little over a week as investors stay on the sidelines ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday.
Gold (XAU/USD) keeps trading in a choppy and volatile manner, moving roughly within a $40 range, both sides of the $4,200 line on Tuesday.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.82 per troy ounce, up 1.18% from the $58.13 it cost on Monday.
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $58.55 per barrel, down from Monday’s close at $58.69.
Silver price (XAG/USD) trades in a tight range around $58.00 during the late Asian trading session on Tuesday. The white metal turns sideways as investors await the monetary policy announcement by the Federal Reserve (Fed), scheduled for Wednesday.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) extends its sideways consolidative price move through the Asian session on Tuesday and remains confined in a familiar range held over the past week or so. Traders now seem reluctant and opt to move to the sidelines ahead of the FOMC rate decision on Wednesday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.65 during the Asian trading hours on Tuesday. The WTI price edges lower as Iraq restores production at one of its oilfields.
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.
Gold (XAU/USD) retreats on Monday as traders brace for the Federal Reserve (Fed) meeting, where the central bank is expected to deliver its third consecutive rate cut, ahead of 2026. At the time of writing, XAU/USD trades at $4,195, down 0.27%, after hitting a daily high of $4,219,.
Oil prices are trading nearly $1 lower on the day on Monday, as the commodity’s reversal from Friday’s highs above $60.00 extends to session lows below $59.20 ahead of the American session opening times.
Silver (XAG/USD) remains stable at the start of the week, trading around $58.40 on Monday at the time of writing, up 0.1% on the day. The white metal extends its consolidation phase, as investors avoid taking fresh positions before the Federal Reserve’s policy announcement on Wednesday.
Gold (XAU/USD) kicks off the week on a quiet note, with traders reluctant to take fresh positions ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday. At the time of writing, XAU/USD is trading around $4,210, extending its consolidation phase within the familiar one-week range.
Gold is holding near $4,200/oz as expectations for a December Fed rate cut and a weaker US Dollar (USD) continue to underpin prices, though soft physical demand may cap further gains.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $58.47 per troy ounce, up 0.16% from the $58.38 it cost on Friday.
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $60.00 per barrel, up from Friday’s close at $59.91.
Silver (XAG/USD) lacks a firm intraday directional bias on Monday and seesaws between tepid gains/minor losses through the Asian session.
Gold (XAU/USD) attracts some dip-buying at the start of a new week and stalls Friday's modest pullback from the $4,260 area, or the vicinity of its highest level since October 21.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on a three-week-old uptrend and oscillate in a narrow band during the Asian session on Monday.
Gold price (XAU/USD) trades in positive territory near $4,205 during the early Asian session on Monday. The precious metal edges higher as markets widely expect the Federal Reserve (Fed) to cut interest rates at its December meeting on Wednesday.
Gold (XAU/USD) advances during the North American session on Friday, poised to finish the week almost flat above the $4,200 figure as market participants brace for the Federal Reserve (Fed) monetary policy meeting next week.
Copper prices jumped to a new record of $11,540 per ton as fears mount over potential US import tariffs extending to refined Copper.
Italy is considering declaring its central bank’s 2,452 tons of Gold as the property of the people, a move opposed by the ECB over fears it could threaten bank independence.
Saudi Arabia has reduced its official selling prices for January Oil deliveries, with Asian customers now paying only $0.60 per barrel above the Oman/Dubai benchmark.
Russia exported nearly 3.94 million barrels of Crude Oil per day last week, marking a 20% increase from the prior week despite US sanctions.
Since the beginning of October, the price of a barrel of Brent crude Oil has fluctuated mainly between USD 60 and 65. This is unlikely to change in the coming week, as factors supporting and weighing on prices are likely to balance each other out.
Gold (XAU/USD) trades marginally higher on Friday, oscillating within the familiar range that has defined price action this week, as dovish Federal Reserve (Fed) expectations keep the precious metal broadly supported.