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US Energy Information Administration less optimistic about US oil production than IEA – Commerzbank
The US Energy Information Administration has not made any significant changes to its forecasts, Commerzbank’s commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Dec 13
OPEC lowers demand forecast again – Commerzbank
OPEC has revised its forecast for oil demand downwards for the fifth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Dec 13
Palladium market balanced this year and next according to leading producer – Commerzbank
The world's largest Palladium producer from Russia expects an almost balanced Palladium market in 2024, according to a press release published this week, Commerzbank’s commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Dec 13
Gold price falls below $2,700 again – Commerzbank
The Gold price reached its highest level since the US presidential election five weeks ago at $2,725 per troy ounce yesterday, but then fell back below the $2,700 mark, Commerzbank’s commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Dec 13
Crude Oil struggles with $70.00 round level amid bleak 2025 outlook
Crude Oil trades roughly flat near $70.00 on Friday as investors remain reluctant to add to the rally seen earlier in the week. The OPEC+ report was a good element for Oil prices to head higher, but traders are still warning for the 2025 projections when
Fxstreet
Fri, Dec 13
Gold extends losses with the Dollar supported by higher yields
Gold rally fails at around $2,720 and pares previous gains amid higher US yields.
Gold
Fxstreet
Fri, Dec 13
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver
Fxstreet
Fri, Dec 13
Silver Price Forecast: XAG/USD falls to near $31.00 after breaking below ascending channel
Silver price (XAG/USD) extends its losses for the second session, trading around $30.90 per troy ounce during the Asian hours on Friday.
Silver
Fxstreet
Fri, Dec 13
Gold price trades with positive bias; remains below $2,700 on Fed rate cut expectations
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Friday and reverses a part of the previous day's profit-taking slide from a five-week high, around the $2,726 area.
Gold
Fxstreet
Fri, Dec 13
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Fri, Dec 13
WTI consolidates around $69.65-$69.70 area, below monthly peak set on Thursday
West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous day.
WTI
Fxstreet
Fri, Dec 13
Gold Price Forecast: XAU/USD attracts some buyers to near $2,700, traders brace for Fed rate decision
Gold price (XAU/USD) recovers some lost ground to around $2,690 during the Asian trading hours on Friday after retreating from a five-week high in the previous session.
Gold
Fxstreet
Fri, Dec 13
Gold price retreats on mixed US data, rate cut speculation
Gold prices snapped a four-day streak of gains on Thursday, tumbling more than 1% as investors digested mixed economic data from the United States.
Gold
Fxstreet
Thu, Dec 12
Silver Price Forecast: XAG/USD retreats to near $31.50 after China’s economic conference outcome
Silver price (XAG/USD) gives up its entire gains and declines to near $31.70 in the North American session on Thursday.
Silver
Fxstreet
Thu, Dec 12
Crude Oil jumps back above $70 as US inventories fall to lowest level
Crude Oil trades higher for a fourth consecutive day on Thursday, jumping to $70, after a 2.5% price increase on Wednesday.
Fxstreet
Thu, Dec 12
Gold eases slightly below fresh monthly highs at $2,720
Gold (XAU/USD) is hesitating below a one-month high at $2,720 on Thursday’s European session following a sharp rally over the last three days.
Gold
Fxstreet
Thu, Dec 12
Silver Price Forecast: XAG/USD posts fresh monthly high around $32.30 on firm dovish Fed bets
Silver price (XAG/USD) refreshes an almost five-week high at around $32.30 in Thursday’s European session.
Silver
Fxstreet
Thu, Dec 12
IEA lifts 2025 global oil demand growth forecast to 1.1 million bpd
In its monthly oil market report published on Thursday, the International Energy Agency (IEA) raised 2025 global oil demand growth forecast to 1.1 million barrels per day (bpd) from 990,000 bpd.
WTI
Fxstreet
Thu, Dec 12
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver
Fxstreet
Thu, Dec 12
Silver Price Forecast: XAG/USD bulls retain control above $32.00, over one-month high
Silver (XAG/USD) trades with a positive bias above the $32.00 mark during the Asian session on Thursday and remains close to over a one-month high touched earlier this week.
Silver
Fxstreet
Thu, Dec 12
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