West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some sellers for the second straight day, trading below the $100.00 psychological mark during the Asian session on Tuesday.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) meets with a fresh supply during the Asian session on Tuesday, stalling the previous day's modest bounce from the vicinity of a three-month low amid a firmer US Dollar (USD).
TradingKey - Em 27 de outubro, os preços do ouro (XAUUSD) continuaram sua recuperação a partir das mínimas recentes, retornando com firmeza a um patamar acima de US$ 4.000 e sendo negociados atualment
Iran, Saudi Arabia, Pakistan, and Turkey agreed on Monday to continue security discussions and enhance regional cooperation following high-level talks held in Tehran, according to Islamic Republic of Iran Broadcasting (IRIB).
Silver price drifts lower by some 0.42% after retesting last Friday’s low of $53.03, which was defended by buyers, sending XAG/USD price back above the $54.00 figure, but below its opening price.
Gold price recovers, rises 0.6% after finishing last week below the $4,000 figure as speculation of a de-escalation in the US-Iran conflict pushed energy prices lower ahead of this week’s Federal Reserve (Fed) monetary policy meeting.
TD Securities’ Ryan McKay and Bart Melek note that Gold’s long-term bull thesis is being challenged as prices oscillate around the key $4,000/oz level.
West Texas Intermediate (WTI), futures on NYMEX, retreats from its five-month high of $103.28 to near $100 on Monday. The oil price comes under pressure as investors turn cautious ahead of key monetary policy announcements from a number of global central banks.
Gold (XAU/USD) consolidates modest gains on Monday after last week’s sharp decline pushed the metal to $3,975, its lowest level since August. A pullback in Oil prices offers support as traders react to diplomatic efforts to ease tensions in the Middle East.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $54.02 per troy ounce, up 0.20% from the $53.92 it cost on Friday.
Silver price (XAG/USD) trades with caution in the European trade on Monday, closer to its fresh Year-Till Date (YTD) low of $53 posted on Friday.
TradingKey - Em 26 de outubro, as cotações internacionais do petróleo ampliaram o movimento de queda em relação às máximas recentes. O petróleo WTI (USOIL) recuou mais de 2% no intradiário, enquanto o
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on the weekly bearish gap-down opening, retreating further from a five-month high touched on Friday.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
TradingKey — Durante a sessão de negociação asiática de 26 de outubro, os preços do ouro (XAUUSD) aprofundaram a trajetória de queda. O ouro à vista abriu a US$ 4.002,98 por onça e, em seguida, rompeu
US President Donald Trump has ruled out immediate military action against Iran, saying “there will not be a strike today,” Aljazeera news agency reported on Sunday.
Yemen's Houthis said on Sunday that they will keep attacking Saudi Arabia's King Khalid Airport in Riyadh, Reuters reported. This move came hours after the kingdom announced that flights had resumed despite repeated attacks by Houthis.
Gold price (XAU/USD) declines to near $3,995 during the early Asian session on Monday. The precious metal remains under some selling pressure near its lowest since July as elevated energy prices reinforced inflation concerns before the Federal Reserve’s (Fed) next policy meeting.
TradingKey - Em 22 de outubro, os preços da prata (XAGUSD) despencaram 5,82% no dia, atingindo a mínima intradia de US$ 54,48 e fechando a US$ 54,57, o que significa que o nível de suporte chave de US
XAG/USD hits fresh yearly low at $53.03, confirming bearish continuation.
Gold (XAU/USD) price prolongs its agony, tumbling by nearly 0.60% on Friday and poised to finish the week with losses as higher energy prices increase the chances that major central banks could tighten monetary policy to control inflation.
Two days of Houthi attacks in Saudi Arabia and strikes on ships leaving the Strait of Hormuz have taken WTI above the $95.00-$101.00 band it held from Monday to Thursday.
TradingKey — Em 23 de outubro, os preços internacionais do petróleo ampliaram os ganhos, com os contratos futuros do petróleo Brent de Londres (UKOIL) subindo para US$ 115 por barril no intradia, atin
OCBC strategists Christopher Wong and Sim Moh Siong highlight renewed weakness in Gold despite falling US Treasury yields and rising geopolitical risks. They note that surging Oil prices are reviving inflation concerns and expectations of prolonged restrictive Fed policy, weighing on Gold. They remains cautious, saying easing Oil prices, lower real yields and a better price response are needed for Gold to regain traction near term.
Gold (XAU/USD) attempts a recovery above the $4,000 mark on Friday after slipping to $3,986 during Asian trading hours, its lowest level since July. The rebound comes as dip buyers step in following Thursday’s sharp sell-off, when the metal lost 2.81%.
Gold (XAU/USD) is practically flat on the daily chart, just below $4,030 on Friday after bouncing up from 3-month lows in the $4,000 area.
Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $54.02 per troy ounce, down 1.07% from the $54.61 it cost on Thursday.
Oil rallies further on Friday, boosted by news of increasing incidents in vessels attempting to cross the key Strait of Hormuz this week, while the Iran-backed Houthis renewed their attacks on Saudi oilfields.
ING analysts Warren Patterson and Ewa Manthey report Gold failed to benefit from the equity sell-off and falling US Treasury yields, with spot prices down 2.8% and nearing $4,000/oz. They argue the Gold market is focused on higher Oil prices and their inflation implications, which could reinforce tighter central bank policy while US inflation remains above the 2% target.