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WTI rises above $57.50 amid easing US-China trade tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.55 during the early Asian trading hours on Wednesday. The WTI rises as a sign that easing US-China trade friction overrode the effects of gains in the US Dollar (USD) and excess supply concerns.
Gold plummets over 5% in biggest drop since 2020
Gold plummets more than 5.50% on Tuesday as traders seem to book profits ahead of the release of September’s Consumer Price Index (CPI) data in the US, and the Greenback recovers some ground. XAU/USD trades at $4,114 after diving from a daily high of $4,375.Fxstreet
Tue, Oct 21
Copper market continues to see supply surplus in August – Commerzbank
According to the International Copper Study Group, the global Copper market recorded a supply surplus of 147 thousand tons in the first eight months of the year, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Fxstreet
Tue, Oct 21
China again imported more crude Oil than needed in September – Commerzbank
Nevertheless, there was a surplus of 570,000 barrels per day in China in September when crude Oil processing data is compared with crude Oil import and domestic crude Oil production data, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Oct 21
Gold corrects from record highs amid stronger US Dollar and trade optimism
Gold (XAU/USD) drifts lower on Tuesday after retesting its record high near $4,380 on Monday. The pullback comes as the US Dollar (USD) extends its recovery gains and traders book partial profits following an overextended rally.Fxstreet
Tue, Oct 21
Gold Price Forecast: XAU/USD corrects lower, approaching $4,200 area
Gold was rejected at the $4,380 area for the second time on Monday, and the precious metal has lost more than $100 on Tuesday, reverting the previous day’s gains, with precious metals hammered by an improving market sentiment and a stronger US Dollar.US President Trump calmed markets on Monday, annoFxstreet
Tue, Oct 21
Gold and Stocks Rise in Tandem — It’s Not Inflation or Risk, It’s Liquidity
TradingKey - Since 2025, both gold and equities have continued to hit new all-time highs — a rare phenomenon in financial history. Conventional explanations such as dollar depreciation, inflation hedging, and safe-haven demand struggle to explain this simultaneous rally. The true force behind theTradingKey
Tue, Oct 21
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $57.00 per barrel, up from Monday’s close at $56.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $60.80 price posted on Monday, and trading at $60.88.
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