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WTI trades near $104.00 after 10% surge on Trump's Iran threats
West Texas Intermediate (WTI) oil price rises over 10% after two days of losses, trading around $103.80 per barrel during the Asian hours on Friday. Crude oil prices surged as markets reassessed the scale of supply risks stemming from the ongoing conflict in the Persian Gulf.
Spot Brent Oil Price Hits $140 for First Time Since 2008 on Trump Rhetoric
TradingKey - On Thursday, April 2, spot Brent crude oil prices reached $141.37 per barrel, marking the highest level since 2008 and surpassing the peak reached at the onset of the 2022 Russia-Ukraine conflict.TradingKey
Fri, Apr 3
Gold falls below $4,700 ahead of US NFP release
Gold price (XAU/USD) faces some selling pressure to near $4,675 during the early Asian session on Friday. The precious metal falls as US President Donald Trump's comments about the war with Iran spiked oil prices. Trading activity remains muted due to Good Friday.Fxstreet
Thu, Apr 2
Gold slides over 2% as Trump extends Iran operation, lifts USD bids
Gold price recoils by some 2% as the US Dollar rises after US President Donald Trump revealed that the war on Iran would last from two to three weeks, pouring cold water on hopes for a quick resolution to the Middle East conflict.Fxstreet
Thu, Apr 2
WTI rallies as Trump signals continued military action against Iran
West Texas Intermediate (WTI) Crude Oil rebounds sharply on Thursday, rising more than 8% on the day, as ongoing tensions in the Middle East continue to keep a geopolitical risk premium embedded in prices amid supply disruptions through the Strait of Hormuz.Gold retreats from two-week highs amid USD, yields rebound after Trump remarks
Gold (XAU/USD) trades on the back foot on Thursday, snapping a four-day rally as initial optimism that the US-Israel war with Iran could end soon faded after US President Donald Trump signaled continued military action in his address to the nation.Fxstreet
Thu, Apr 2
US: Inflation upturn with oil shock – Commerzbank
Commerzbank economists Dr. Christoph Balz and Dr. Ralph Solveen argue that higher Oil prices from the Iran War are set to push US inflation higher. They expect March CPI to rise 0.9% month-on-month and 3.3% year-on-year, with core at 0.3% and 2.7%.Fxstreet
Thu, Apr 2
Gold retreats sharply from two-week top/$4,800 as Trump’s Iran comments boost USD
Gold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.Fxstreet
Thu, Apr 2
Trump Speech Triggers Sharp Short-Term Gold Volatility, Erasing Over $100 Intraday
TradingKey - During the early Asian session on Thursday (April 2), sentiment in the gold market reversed sharply as U.S. President Trump began delivering a national address regarding the situation in Iran. Previously, bolstered by a weakening U.S. dollar, spot gold had climbed for the fourth consecuTradingKey
Thu, Apr 2
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