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Oil prices slide as US avoids action on Iran – ING
After five days of gains, oil prices came under significant pressure yesterday, with ICE Brent settling 4.15% lower. The sell-off came as the US avoided taking immediate action against Iran amid ongoing protests in the country, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Jan 16
Oil prices slide as Iran risk premium eases – OCBC
Oil prices fell sharply after reaching a two-month peak, as easing geopolitical tensions and comments from President Trump reduced fears of imminent disruption to Iranian supply, prompting a market pullback, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.Fxstreet
Fri, Jan 16
WTI hovers below $59.00 as US-Iran tensions ease, weekly loss looms
West Texas Intermediate (WTI) Oil price moves little after two days of more than 3% losses, trading around $58.80 during the Asian hours on Friday. WTI price faces challenges as geopolitical risk premiums faded following easing fears of a possible US military strike on Iran.Silver Price Forecast: XAG/USD rally hits pause as US defers import tariffs on critical minerals
Silver price (XAG/USD) trades over 2% lower to near $90.40 during the Asian trading session on Friday. The white metal struggles to extend its rally after posting a fresh all-time high near $93.90 on Wednesday.Fxstreet
Fri, Jan 16
Gold moves below $4,600 as safe-haven demand eases
Gold (XAU/USD) extends its losses for the second successive session, trading around $4,590 on Friday. The prices of precious metals, including Gold, fall amid decreasing safe-haven demand as geopolitical risks in Iran temporarily ease.Fxstreet
Fri, Jan 16
WTI rebounds above $59.00 as traders assess situation in Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.10 during the Asian trading hours on Friday. The WTI price recovers some lost ground, snapping the two-day losing streak, as traders assess the geopolitical situation in the Middle East.Gold Price Forecast: XAU/USD slumps to near $4,600 as Trump softens tone on Iran
Gold price (XAU/USD) tumbles to near $4,605 during the early Asian session on Friday. The precious metal edges lower as the US Initial Jobless Claims data boost the US Dollar. The US December Industrial Production report will be published later on Friday.Fxstreet
Fri, Jan 16
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