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Gold Price Forecast: XAU/USD edges lower below $3,650 on stronger US Dollar, profit-taking
The Gold price (XAU/USD) trades in negative territory for the second consecutive day near $3,640 during the early Asian session on Friday. The precious metal edges lower after reaching a record high in the previous session due to some profit-taking and a firmer US Dollar (USD).
Gold
Fxstreet
Fri, Sep 19
LME Copper stockpiles on the US rise – Commerzbank
Copper inventories at US warehouses tracked by the LME rose for the first time since December 2023, up by 175 tonnes, ING's commodity experts Ewa Manthey and Warren Patterson note.
Copper
Fxstreet
Thu, Sep 18
WTI edges lower below $63.50 on concerns over oil demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.40 during the early European trading hours on Thursday. The WTI declines amid concerns over the US economy and excess supplies.
Brent
WTI
Fxstreet
Thu, Sep 18
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.38 per barrel, down from Wednesday’s close at $63.63.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.28 after its previous daily close at $67.53.
Brent
WTI
Fxstreet
Thu, Sep 18
Gold pulls back as USD recovery counters Fed dovishness and geopolitical risks
Gold (XAU/USD) turns lower for the second straight day on Thursday following an Asian session uptick to $3.672 region and seems poised to extend the previous day's retracement slide from the record high.
Gold
Fxstreet
Thu, Sep 18
Gold pulls back from record highs as USD recovers ahead of Fed decision
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
Gold
Fxstreet
Wed, Sep 17
Gold Price Forecast: XAU/USD edges higher to near $3,700 as Fed rate decision looms
The Gold price (XAU/USD) gains ground to around $3,695 during the early Asian session on Wednesday. The precious metal edges higher amid a weak US Dollar (USD) and growing expectations for multiple rate cuts by the Federal Reserve (Fed). All eyes will be on the Fed rate decision later on Wednesday.
Gold
Fxstreet
Wed, Sep 17
WTI extends upside above $64.00 on tighter global supplies, weaker US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.25 during the early Asian trading hours on Wednesday. The WTI extends the rally on concerns over Russian supply disruptions and a weaker US Dollar (USD).
Brent
WTI
Fxstreet
Wed, Sep 17
Gold hits record high of 3,703 ahead of Fed decision
Gold price advances during the North American session after hitting a record high of $3,703 on Tuesday, poised to continue to trend up as traders await the Federal Reserve’s (Fed) monetary policy decision on Wednesday. At the time of writing, XAU/USD trades at $3,689, up 0.27%.
Gold
Fxstreet
Wed, Sep 17
United States API Weekly Crude Oil Stock came in at -3.42M, below expectations (-1.6M) in September 12
United States API Weekly Crude Oil Stock came in at -3.42M, below expectations (-1.6M) in September 12
Brent
Fxstreet
Tue, Sep 16
Gold Price Forecast: XAU/USD approaches $3,700 on Dollar’s weakness
Gold appreciated for the third consecutive day on Tuesday as the US dollar tanked amid hopes of a dovish turn by the Fed on Wednesday. The US Dollar Index has dropped to fresh two-month lows, which buoys the precious metal to fresh record highs right below $3,700.
Gold
Fxstreet
Tue, Sep 16
Ukrainian drone attack on Russian export terminal causes Oil prices to rise – Commerzbank
Oil prices rose significantly on Friday, recovering from the losses suffered the previous day. The price of Brent crude jumped from its previous low of around $2 to $68 per barre, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
WTI
Fxstreet
Tue, Sep 16
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Tuesday, according to FXStreet data.
Silver
Fxstreet
Tue, Sep 16
US NatGas rallies above $3 on late-season heat – ING
US natural Gas prices climbed with Henry Hub settling above $3/MMBtu, as forecasts for late-season heat boosted cooling demand. The hotter outlook is expected to slow stockpile builds that typically accelerate this time of year, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Tue, Sep 16
Oil holds steady – ING
Oil prices are trading almost flat this morning as the market has been caught between escalating geopolitical tensions and not particularly supportive fundamentals, ING's commodity experts Ewa Manthey and Warren Patterson note.
Brent
WTI
Fxstreet
Tue, Sep 16
Crypto Market Plunges! Gold-Backed Tokens Defy the Trend, Hit All-Time Highs
While cryptocurrencies tumble, gold-backed tokens rally as spot gold surges to new records.
Bitcoin
Ethereum
Gold
XRP
TradingKey
Tue, Sep 16
Gold consolidates near record highs as Fed interest rate decision looms
Gold (XAU/USD) kicks off the week on a positive footing, breaking out of last week’s sideways momentum after peaking at an all-time high near $3,675 on Tuesday.
Gold
Fxstreet
Mon, Sep 15
Robust oil demand from China – ING
The oil market rose for a second straight session in the early trading session today, following claims by Ukraine that recent drone attacks affected Russia’s two key oil hubs in the Baltic Sea.
Brent
Fxstreet
Mon, Sep 15
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data.
Silver
Fxstreet
Mon, Sep 15
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.86 per barrel, up from Friday’s close at $62.37.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.63.
Brent
WTI
Fxstreet
Mon, Sep 15
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