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United States API Weekly Crude Oil Stock registered at -3.4M, below expectations (-3M) in August 23

United States API Weekly Crude Oil Stock registered at -3.4M, below expectations (-3M) in August 23

Fxstreet

Aug 27, 2024

Gold price edges higher on Fed’s dovish tilt

Gold prices advanced firmly during the North American session on Tuesday amid a risk-on environment and steady US Treasury yields.

Fxstreet

Aug 27, 2024

Silver Price Forecast: XAG/USD struggles near $30 amid uncertainty over size of Fed interest rate cuts

Silver price (XAG/USD) struggles to extend its upside above the psychological resistance of $30.00 in Tuesday’s New York session.

Fxstreet

Aug 27, 2024

Aluminium price: Last week's outperformer – Commerzbank

The Aluminium price recorded the strongest increase among the LME metals last week, rising by 7.5% compared to the previous week.

Fxstreet

Aug 27, 2024

Chances of correction in Gold prices increase – TDS

The Fed is in all likelihood going to cut rates in the next few weeks and everyone knows it, TDS Senior Commodity Strategist Daniel Ghali notes.

Fxstreet

Aug 27, 2024

Impending production outages in Libya – Commerzbank

In a political dispute with the government in the west, the government in the east of the country has imposed an oil production and export freeze, Commerzbank’s commodity strategist Barbara Lambrecht notes.

Fxstreet

Aug 27, 2024

UBS cuts lithium prices forecast on weak EV demand

Investing.com -- UBS in a note dated Monday has revised its lithium price outlook due to weaker-than-expected EV demand. The brokerage’s analysis of auto production, EV sales, and battery demand has l

Investing.com

Aug 27, 2024

Oil prices on the rise – Commerzbank

Oil prices rose by more than 2% on Friday, significantly limiting the previous weekly losses, Commerzbank’s commodity strategist Carsten Fritsch notes.

Fxstreet

Aug 27, 2024

More upside seen for silver prices in coming months, says UBS

Investing.com -- Silver prices are poised for further gains in the coming months, driven by a combination of favorable macroeconomic factors and robust demand fundamentals, as per analysts at UBS in a

Investing.com

Aug 27, 2024

Gold price trading close to its all-time high – Commerzbank

Following Fed Chairman Powell's speech on Friday, Gold once again rose above the $2,500 per troy ounce mark.

Fxstreet

Aug 27, 2024

Oil rally eases ahead of $77.00 as trades digest concerns over Libya supply

Oil traders appear to be taking profits on Tuesday after prices have been undergoing a very steep three-day surge which retraced ahead of a pivotal technical area near $77.60. Markets are digesting the sudden disruption in Libyan Oil production in a

Fxstreet

Aug 27, 2024

Silver Price Prediction: Shallow pull back within uptrend

Silver (XAG/USD) has pulled back after running up to new highs for the month of August at $30.19.

Fxstreet

Aug 27, 2024

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data.

Fxstreet

Aug 27, 2024

Pakistan Gold price today: Gold falls, according to FXStreet data

Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet.

Fxstreet

Aug 27, 2024

India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

Fxstreet

Aug 27, 2024

Gold price loses ground despite rising Fed rate cut bets, geopolitical risks

The Gold price (XAU/USD) trades in negative territory amid the modest recovery of the US Dollar (USD) on Tuesday.

Fxstreet

Aug 27, 2024

Besides ME tensions, Libya’s crisis could cause oil prices to overshoot

Investing.com -- In the Middle East and North Africa (MENA) region, recent geopolitical developments have increased attention to oil markets, with Libya's escalating situation receiving particular att

Investing.com

Aug 26, 2024

Oil jumps as reigniting tensions in Middle East lowers chances of Gaza ceasefire deal

Oil prices are pumping higher on Monday after violence picked up in the Gaza region and Israel and Hezbollah exchanged heavy fire, with several bombings and drone attacks from both sides during the weekend. The major escalation in the region could

Fxstreet

Aug 26, 2024

Silver Price Analysis: Resumes uptrend and breaks to new highs for August

Silver (XAG/USD) resumes the short-term uptrend it has been in since early August and breaks to new monthly highs.

Fxstreet

Aug 26, 2024

Gold extends rally as geopolitical risks boost haven demand

Gold (XAU/USD) trades up into the $2,520s on Monday, as a combination of safe-haven demand sparked by rising geopolitical tensions in the Middle East, and increased confidence US interest rates will track lower in the medium-to-long term, make the non-interest paying asset more attractive to investors.

Fxstreet

Aug 26, 2024

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