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WTI remains below $63.00 due to oversupply concerns
West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about oversupply.Gold falls to near $4,900 as selling pressure intensifies
Gold price (XAU/USD) faces some selling pressure around $4,910 during the early Asian session on Friday. The yellow metal tumbles over 3.50% on the day, with algorithmic traders appearing to amplify the precious metal’s sudden drop.Fxstreet
Thu, Feb 12
Gold plunges despite falling US yields and solid US jobs data
Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans filing for unemployment benefits rose more than expected.Fxstreet
Thu, Feb 12
Crude Oil sheds further weight, WTI sinks below $63 on US-Iran headlines
West Texas Intermediate (WTI) US Crude Oil took a fresh leg down on Thursday, bullied into the low end by a combination of the potential for a sharp pullback from US-Iran tensions, and growing scepticism about the potential for a sweeping 'demand wave' from China that energy conglomerates have beenSilver retreats as US jobs data temper rate-cut expectations
Silver (XAG/USD) trades lower on Thursday, hovering around $82.85 at the time of writing, down 1.95% on the day. The white metal is correcting after posting a weekly high at $86.30, while the immediate bullish structure remains intact despite the current pullback.
Fxstreet
Thu, Feb 12
Gold trades sideways as strong US jobs data push back early Fed rate-cut bets
Gold (XAU/USD) holds in a narrow range on Thursday as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. At the time of writing, XAU/USD trades around $5,065, remaining confined to this week’s $5,000-$5,100 consolidation band.Fxstreet
Thu, Feb 12
Gold retreats from two-week high as strong US NFP tempers March Fed rate cut bets
Gold (XAU/USD) edges lower during the Asian session on Thursday and reverses part of the previous day's positive move to a nearly two-week high. The commodity, however, lacks follow-through selling and currently trades just above the $5,050 level, down less than 0.50% for the day, amid mixed cues.Fxstreet
Thu, Feb 12
Gold posts modest gains above $5,050 as US-Iran tensions persist despite strong labor data
Gold price (XAU/USD) trades in positive territory near $5,060 during the early Asian session on Thursday. The precious metal edges higher despite stronger-than-expected US employment data. The release of the US Consumer Price Index (CPI) inflation report will take center stage later on Friday.Fxstreet
Thu, Feb 12
Gold holds above $5,000 despite strong NFP and rising US yields
Gold (XAU/USD) price holds firm above $5,000 on Wednesday after the latest US jobs report exceeded forecasts, triggering a re-pricing for a less dovish than expected Federal Reserve (Fed) throughout the first semester of 2026. At the time of writing, XAU/USD trades at $5,054, up 0.61%.Fxstreet
Wed, Feb 11
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