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XAG/USD eases from 14-year peak; fails ahead of $41.00 mark
Silver (XAG/USD) retreats slightly from the vicinity of the $41.00 mark, or a fresh 14-year high touched during the Asian session earlier this Wednesday. The white metal currently trades around the $40.70 region, down nearly 0.50% for the day, though any meaningful corrective slide seems elusive.
Fxstreet
Wed, Sep 3
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $65.09 per barrel, down from Tuesday’s close at $65.35.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.74 after its previous daily close at $68.97.
Gold hits fresh record high; bulls not ready to give up despite overbought conditions
Gold touches a fresh record high, around the $3,547 region, during the Asian session on Wednesday, though it struggles to build on the momentum as bulls seem reluctant amid extremely overbought conditions.Fxstreet
Wed, Sep 3
WTI posts modest gain above $65.00 on rising supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.30 during the early Asian trading hours on Wednesday. The WTI edges higher as concerns over supply disruptions increased following strikes on Russian energy sites by Ukraine in the ongoing Russia-Ukraine war.Gold smashes record above $3,500 as risk aversion fuels rush
Gold prices soar to a new all-time high past the $3,500 figure on Tuesday, rallying more than 2% even though the US Dollar advances and US Treasury yields rise. Risk aversion dominates, despite forecasts of a potential Federal Reserve (Fed) rate cut in September.Fxstreet
Tue, Sep 2
Gold Price Forecast: XAU/USD’s reversal from the $3,500 area holds at $3,470
Gold is trading higher for the sixth consecutive day on Tuesday, but the precious metal found sellers at all-time highs right above the $3,500 level, and has given away most of the daily gains, weighed by a strong US Dollar recovery.The US Dollar Index, which measures the value of the Greenback agaiFxstreet
Tue, Sep 2
Oil prices rise again – Commerzbank
Oil prices started the month with gains. Brent quickly made up for the 'losses' caused by the contract rollover and broke through the $68 per barrel mark during the course of the day. Due to Labor Day, US markets were closed on Monday, which reduces the significance of yesterday's price movements.Fxstreet
Tue, Sep 2
From $3,500 to $6,000: Peter Schiff’s Bullish 2026 Outlook for Gold and Miners
TradingKey - Fueled by expectations of Fed rate cuts, political turmoil, and broader macroeconomic uncertainty, gold prices surged past $3,500 per ounce during Tuesday’s Asian trading session, setting a new all-time high. Wall Street’s famed “gold bull,” Peter Schiff, says the market is in the best
Attention set to turn to OPEC+ – ING
ICE Brent edged higher yesterday, breaking back above $68/bbl and settling just shy of 1% higher on the day. Yet the upward move came amid thin volumes due to the Labour Day holiday in the US, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Sep 2
Trump’s “Autocratic Politics” Fueled Capital Shifts from Treasuries to Gold, Says Ray Dalio
TradingKey - As markets focus on U.S. President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook and its cascading effects, gold prices have surged to a record high of $3,500 per ounce. Bridgewater Associates’ Ray Dalio said capital is shifting from U.S. Treasuries to gold — a trendTradingKey
Tue, Sep 2
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