West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh sellers during the Asian session on Tuesday, snapping a three-day winning streak to a two-week high, touched the previous day.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday. WTI price edges higher after a deadly attack on Saudi Arabia’s airport in Riyadh.
US special envoy Jared Kushner said that a deal to allow Russian diesel exports is part of a bid to draw Russia back to negotiations after the failure of previous efforts to launch sustained talks to end the war, Reuters reported on Monday.
Saudi Arabia said that it faces more drones and missile strikes, while several countries issued travel warnings against visiting the kingdom following deadly strikes on Riyadh’s airport by Iran-backed Houthi militants, CNBC reported on Monday.
Gold (XAU/USD) price drifts lower by about 1.49% on Monday as the Greenback gains ground amid escalating hostilities in the Middle East, pushing energy prices higher and increasing the likelihood of higher interest rates globally.
West Texas Intermediate (WTI) Oil reverses course on Monday and climbs to a two-week high as doubts over a Russia-Ukraine energy ceasefire and supply concerns in the Middle East keep a geopolitical premium in energy markets.
TradingKey - O petróleo Brent (UKOIL) chegou a atingir brevemente US$ 107 por barril. No último sábado, militantes houthis atacaram o Aeroporto Internacional Rei Khalid em Riad, capital da Arábia Saud
Gold (XAU/USD) edges lower on Monday, reversing earlier gains as traders avoid taking large positions ahead of US inflation data due later this week, which could offer fresh cues on the Federal Reserve’s (Fed) next move.
West Texas Intermediate (WTI) US Oil rises by 1.00% on Monday, trading around $91.90 at the time of writing. Crude Oil prices are supported by escalating geopolitical tensions in the Middle East, despite prospects of an energy ceasefire between Russia and Ukraine that could ease supply concerns.
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $60.69 per troy ounce, down 0.22% from the $60.83 it cost on Friday.
ING analysts Warren Patterson and Ewa Manthey note that Oil prices are weaker despite heightened Middle East tensions, as strong Persian Gulf flows and a US-Russia diesel deal weigh on the market. They highlight that additional Russian diesel exports and a possible Russia-Ukraine energy ceasefire are pressuring middle distillate cracks, while inefficient Middle East trade flows and high freight rates keep refined product prices elevated.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.15 during the early European trading hours on Monday.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
TradingKey - Em 12 de outubro, os preços do ouro (XAUUSD) subiram levemente, continuando a se manter acima de US$ 4.200/onça. Na semana anterior, o ouro acumulou alta de 1,3%. A queda nos preços do pe
Silver price (XAG/USD) trades higher at around $61.10 in the Asian trade on Monday, holding onto Friday’s gains.
Gold price (XAU/USD) gains ground to near $4,215 during the early Asian session on Monday. The precious metal extends the rally amid rising demand for bullion-backed exchange-traded funds and a weaker US Dollar (USD).
The Saudi-led military coalition said that it has intercepted and destroyed a ballistic missile fired by Yemen's Houthis towards southern Saudi Arabia, the Time of Israel reported on Sunday.
West Texas Intermediate (WTI) declines after two days of gains, trading around $90.00 per barrel during Asian hours on Monday.
TradingKey - Na sexta-feira (9 de outubro), no horário da Costa Leste dos EUA, o petróleo WTI (USOIL) operou em queda e depois voltou a subir durante o pregão intradiário. Os preços intradiários do pe
TradingKey - Os preços do petróleo bruto permaneceram firmes em níveis elevados, com o petróleo Brent (UKOIL) sendo negociado a US$ 104,43, à medida que as negociações entre os EUA e o Irã permanecem
TradingKey - Na sexta-feira (9 de outubro), no horário do Leste dos EUA, os preços do cobre (COPPER) registraram forte recuperação, fechando em alta de 1,64%, a US$ 14.537, com ganho semanal de 2,08%,
TradingKey - Com as tensões no Oriente Médio ainda elevadas, o suprimento global de energia enfrenta mais um teste. Em 9 de outubro, pelo horário local, o Corpo da Guarda Revolucionária Islâmica do Ir
After a call with Russian President Putin, President Trump said Russia will immediately supply more than 300K tons of diesel to the US and global markets. He put the next shipments at 500K tons in November and 1 million tons after that.
Silver price rallies over 2.80% on Friday as buyers buy the dip at $59.17, pushing the white metal above $60.00 to hit a two-day high of $61.19. At the time of writing, the XAG/USD trades at $60.86.
Gold (XAU/USD) price advances more than 1.40% on Friday, capitaliszng on a dip in US Treasury yields and a softer Greenback, as recent US data suggests households are becoming pessimistic about the economy, while investors seem confident that the Federal Reserve (Fed) will stay pat on rates.
Bitcoin (BTC) continues to regain momentum on Friday, trading above $82,000. Buyers are increasingly taking on more risk after a sharp week-long correction to lows near $80,000.
West Texas Intermediate (WTI) Oil trades little changed on Friday as traders weigh easing fears of an immediate US-Iran military escalation against persistent supply risks in the Strait of Hormuz. At the time of writing, WTI trades around $90.65 per barrel, up 0.10% on the day.
TD Securities’ Ryan McKay and Bart Melek highlight that CTAs (Commodity Trading Advisors) are covering Gold shorts, with positioning rising by around 7% of maximum historical size. They note renewed inflows into Chinese Gold ETFs after the holiday and continued global ETF demand.
Rabobank's Senior Economist Maartje Wijffelaars notes Oil prices climbed to around $105 per barrel as Iran struck tankers, before Brent eased after US comments on talks with Iran. Despite the pullback, Oil and diesel remain elevated, with Gasoil sharply higher since Tuesday.