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WTI faces rejection near 50-day SMA barrier, slides to sub-$58.00 levels
West Texas Intermediate (WTI) US Crude Oil prices attract fresh sellers during the Asian session on Friday and erode a part of the previous day's strong move up from the vicinity of the lowest level since December 19, touched earlier this week.
Gold stalls near $4,455 on rising yields, US Dollar recovery
Gold price hovers around its opening price on Thursday after hitting a daily low of $4,407 as US Treasury yields rise and the Greenback follows suit. Economic data in the US has improved the outlook of the labor market ahead of the release of the crucial December Nonfarm Payrolls report.
Fxstreet
Thu, Jan 8
WTI rises as US Crude Oil stockpiles drop sharply, Venezuelan exports eyed
West Texas Intermediate (WTI) US Oil trades around $56.70 on Thursday at the time of writing, up 0.90% on the day. WTI prices rebound, supported by the release of inventory data showing a sharp decline in US Crude Oil stockpiles.Gold extends losses as traders lock in gains
Gold (XAU/USD) remains under pressure on Thursday, with prices extending their pullback for a second consecutive day as bullish momentum fades following a rejection near the $4,500 psychological barrier. At the time of writing, XAU/USD trades near $4,425, down nearly 0.60%.Fxstreet
Thu, Jan 8
WTI declines to near $56.00 as Venezuelan oil deal overshadows US inventory drawdown
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.05 during the early European trading hours on Thursday. The WTI price declines on US President Donald Trump statements on Venezuelan oil.Silver Price Forecast: XAG/USD oscillates around $78.00; downside seems limited
Silver (XAG/USD) seesaws between tepid gains/minor losses through the Asian session on Thursday and now trades around the $78.00 mark, down 0.40% for the day. The white metal, however, holds above the previous day's swing low and a month-to-date ascending trend-line support, near the $77.00 mark.Fxstreet
Thu, Jan 8
WTI price rebounds above $56.00 as EIA reports sharp inventory decline
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.30 during the Asian trading hours on Thursday. The WTI price recovers some lost ground as the crude oil inventories report shows a sharper decline than anticipated.Gold Price Forecast: XAU/USD declines to near $4,450 as safe-haven demand eases
Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.Fxstreet
Thu, Jan 8
Gold slips from $4,500 as strong US data dents haven demand
Gold price tumbles nearly 1% on Wednesday after US economic data showed that business activity improved, while the labor market shows signs of being more solid than expected. At the time of writing, XAU/USD trades at $4,465 after reaching a high of $4,500,Fxstreet
Wed, Jan 7
RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January 2026, Russia shipped 3.43 million barrels a day, a decrease by c.440,000 barrels from the period ending 21 December 2025.Featured Tools
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