Silver price (XAG/USD) gains ground after three days of losses, trading around $60.10 per troy ounce during Asian hours on Friday. Non-yielding Silver gains support as a decline in oil prices eases inflationary concerns and Fed rate hike expectations.
West Texas Intermediate (WTI) oil price declines after posting nearly 2.5% gains in the previous day, trading around $90.30 per barrel during Asian hours on Friday.
Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reserve's (Fed) uncertain interest-rate path.
Gold (XAU/USD) price edges higher on Thursday, underpinned by lower US Treasury yields and a weaker US Dollar, even as Federal Reserve (Fed) officials support further tightening by the US central bank. At the time of writing, XAU/USD trades at $4,130, up 0.48%, after bottoming near $4,103.
Gulf Crude Oil exports got back to their pre-war level in September by two routes, a tanker shuttle across the Strait of Hormuz and a detour around it, and both have come under attack since September. Crude Oil trades just above $92.00, on track for its biggest one-day rise since September 10.
TradingKey - Em 8 de outubro, os preços internacionais do petróleo dispararam no intradiário, com o petróleo WTI (USOIL) e o petróleo Brent (UKOIL) subindo mais de 5% em determinado momento. Os riscos
Gold (XAU/USD) reverses its modest recovery on Thursday as a stronger US Dollar (USD) and rising US Treasury yields cap upside attempts, leaving the metal in a bearish consolidation phase near two-month lows.
Silver price (XAG/USD) posts a fresh two-month low at around $58.50 during the European trading session on Thursday. The white metal faces intense selling pressure as United States (US) bond yields eye more upside on the back of recovery signs in oil prices.
Gold (XAU/USD) ticks up on Thursday, trading at the $4,125 area after bouncing up from two-month lows at $4.066 on Wednesday.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $58.97 per troy ounce, down 1.65% from the $59.95 it cost on Wednesday.
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions.
Crude Oil is trading higher on Thursday following reports of new attacks on Saudi Arabian airports by Iran-backed Houthi militias.
Danske Research Team highlights that European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some buyers during the Asian session on Thursday and currently trades around the $89.30-$89.35 region, up over 1.0% for the day.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.55 during the early Asian trading hours on Thursday. WTI posts modest gains as US crude oil inventories fell unexpectedly last week.
Gold price (XAU/USD) tumbles to a near two-month low around $4,110 during the early Asian session on Thursday. A stronger US Dollar (USD) and elevated US Treasury bond yields reduce the appeal of the non-yielding metal.
Silver price extends its losses, following Gold’s path, as the latest Fed Minutes showed that officials expect another rate increase towards the year-end. The XAG/USD trades at $59.69, down by over 1.67%.
Gold (XAU/USD) price pressures on the downside on Wednesday, yet it has reclaimed the $4,100 mark as US Treasury yields erased some of its earlier gains and turned negative.
West Texas Intermediate (WTI) Oil trades lower on Wednesday, giving up earlier gains as a stronger US Dollar and recovering Middle East exports offset support from an unexpected decline in US crude inventories.
Governments belonging to the International Energy Agency (IEA) support accelerating the release of Oil stocks announced under the collective action agreed in March, according to a statement from the organization cited by Reuters on Wednesday.
TD Securities’ Ryan McKay and Bart Melek note heavy CTA (Commodity Trading Advisors) selling across Precious Metals, with Gold under pressure from surging real rates and a stronger US Dollar (USD).
Gold (XAU/USD) edges lower on Wednesday, losing nearly 1.20% as the US Dollar (USD) and US Treasury yields resume their advance following a modest pullback the previous day.
Gold (XAU/USD) finds itself pulled in two directions: official-sector demand continues to underpin prices even at elevated levels, while the technical picture has deteriorated after the metal failed to hold above its 200-day Simple Moving Average (SMA), leaving key supports exposed.
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and resumes its broader bearish trend, with the US Dollar (USD) appreciating across the board, as investors brace for the release of the minutes of the latest Federal Reserve (Fed) meeting.
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $60.21 per troy ounce, down 0.82% from the $60.71 it cost on Tuesday.
West Texas Intermediate (WTI) oil price declines after paring its daily gains, trading around $89.00 per barrel during European hours on Wednesday.