President Masoud Pezeshkian will lead an Iranian delegation at the United Nations General Assembly in New York on Tuesday, amid renewed hopes for a diplomatic solution to the Middle East conflict, CNBC reported on Monday.
Gold price (XAU/USD) declines to near $4,365, snapping the two-day winning streak during the early Asian session on Tuesday. The precious metal loses ground on the prospect of further monetary tightening by the US Federal Reserve (Fed). Traders will keep an eye on the Fedspeak later on Tuesday.
Silver price advance stalled at the 100-day Simple Moving Average (SMA) of $66.39 and is set to end Monday’s session with losses of 0.39% as the Greenback rises following last week’s Fed decision. The XAG/USD trades at $66.03 after reaching a high of $67.05.
Gold price retreats on Monday, down over 0.6% following last week’s Federal Reserve (Fed) interest rate hike. That 25 bps hike initially pushed US bond yields higher, but the US Dollar Index (DXY) has recovered some ground on Monday despite Treasury yields falling in the back half.
ING strategists Ewa Manthey and Warren Patterson note ICE Brent and WTI started the week lower despite persistent supply risks and elevated speculative length. They highlight Saudi Aramco’s curtailed allocations after pipeline damage, tighter European crude markets, and strong bullish positioning.
West Texas Intermediate (WTI) US Oil extends its decline for the fourth consecutive day on Monday, trading around $91.90 per barrel at the time of writing, down 3.54% on the day.
Bitcoin (BTC) rises alongside the broader cryptocurrency market on Monday, trading near $86,000 at the time of writing. The Crypto King has maintained a robust bullish outlook since September 16 and is currently targeting a short-term breakout to the resistance range between $88,000 and $90,000.
Societe Generale strategists Michael Haigh and Jeremy Sellem argue that global Oil product markets have shifted from tight to critical. They link East-West pipeline disruptions, Russian outages, elevated freight and low inventories to structurally constrained supply.
TD Securities’ commodity strategists report that CTAs (Commodity Trading Advisors) have reversed recent Gold buying, yet emphasize that discretionary investors continue to support the metal.
Silver (XAG/USD) starts the week on a positive note, gaining 0.37% on Monday to trade around $66.50 at the time of writing. The precious metal manages to advance despite a stable US Dollar (USD), with the US Dollar Index (DXY) trading virtually unchanged around 100.25.
ING’s commodities team reports Gold eased as markets digest the Federal Reserve’s first rate hike since 2023 and guidance for prolonged restrictive policy. They stress that higher rates remain a headwind, but ETF holdings at six‑month highs and ongoing central bank buying should cushion downside.
Gold (XAU/USD) starts the week on a bearish note, snapping a two-day winning streak as expectations of additional Federal Reserve (Fed) rate hikes and a firmer US Dollar (USD) limit the upside. At the time of writing, XAU/USD trades around $4,350, down nearly 0.60% on the day.
Gold price (XAU/USD) is down 0.61% to near $4,350 during the European trading session on Monday. The yellow metal is under pressure as the US Dollar (USD) remains broadly firm amid solid expectations that the Federal Reserve (Fed) will hike interest rates again this year.
Crude prices extend their decline for the fourth consecutive day on Monday, pushing the US benchmark West Texas Intermediate (WTI) Oil to levels just below $94.00 during the European session.
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data. Silver trades at $66.22 per troy ounce, broadly unchanged 0.05% from the $66.26 it cost on Friday.
OCBC’s Christopher Wong observes that weekend attacks targeting Saudi Arabia have revived supply and geopolitical concerns in Oil markets.
TradingKey - Na sessão asiática de 21 de setembro, os preços do ouro (XAUUSD) mantiveram uma consolidação em patamares elevados no intradia de hoje, após uma forte recuperação na semana passada, com a
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – turns lower for the fourth straight day following a modest gap-up open to the $96.55-$96.60 region and drops to an over one-week low during the Asian session on Monday.
Gold (XAU/USD) kicks off the new week on a weaker note following Friday's failure near the $4,400 mark, stalling a two-day-old recovery move from a six-week low touched last Wednesday.
US President Donald Trump reversed himself twice on whether the United States (US) should strike the Houthis in Yemen, according to the New York Times.
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Silver price (XAG/USD) trades in a tight range at the start of the week near $66.35 during the Asian trading session. The white metal consolidates while investors remain focused on developments in Middle East regarding the oil supply and the United States (US) interest rate outlook.
Yemen’s Houthis said that they attacked “sensitive” sites in the Saudi capital Riyadh with missiles and drones, hours after flames and a large plume of smoke were seen near the city’s main airport, the Guardian reported on Saturday.
West Texas Intermediate (WTI) oil price continues its losing streak for the fourth successive day, trading around $93.60 per barrel during the Asian hours on Monday.
Qatar’s prime minister, Sheikh Mohammed bin Abdulrahman Al-Thani, said Gulf states must work together to restore stability in the Middle East and help find a settlement between the United States (US) and Iran, Bloomberg reported on Sunday.
TradingKey - O presidente dos EUA, Donald Trump, afirmou em uma entrevista por telefone ao repórter Trey Yingst, da Fox News, que está decidindo se lançará um ataque militar devastador contra o Irã, a
TradingKey - No fechamento de sexta-feira, pelo horário do Leste dos EUA, os preços do petróleo bruto WTI (USOIL) despencaram 5,58% no dia, perdendo novamente o patamar de US$ 100 para fechar a US$ 95
Silver (XAG/USD) trades on the front foot on Friday as the US Dollar reverses its intraday gains, with traders booking profits following the Greenback’s strong weekly advance.
Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed the yellow metal to a nearly two-month low of $4,235.
Bitcoin (BTC) extends its recovery and rallies above $80,000 on Friday, building on support at $75,000 and growing risk-on sentiment after dust settled from regulatory headwinds of the CLARITY Act in the United States (US) Senate and the Federal Reserve’s (Fed) 25-basis-point interest rate hike.