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Gold eases below $4,500 as markets turn cautious ahead of US data
Gold (XAU/USD) trades on the back foot on Wednesday as selling pressure emerges near the $4,500 psychological mark, prompting mild profit-taking at elevated levels.
Gold
Fxstreet
Wed, Jan 7
Gold Price Forecast: XAU/USD's rally loses steam below $4,500
Gold (XAU/USD) posts moderate losses on Wednesday and keeps trading near Tuesday’s high, at $4,500, with investors bidding their time ahead of the release of US employment data.
Gold
Fxstreet
Wed, Jan 7
WTI Oil prices struggle to break above $56.50 amid oversupply concerns
The price of the US benchmark WTI Oil remains pinned near the three-week lows, sub-$56.00 hit earlier on Wednesday, as an unexpected US deal to import Crude from Venezuela has increased market concerns of an Oil glut.US President Donald Trump announced on Tuesday that the US will import 30 to 50 mil
Brent
WTI
Fxstreet
Wed, Jan 7
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $79.60 per troy ounce, down 2.07% from the $81.29 it cost on Tuesday.
Silver
Fxstreet
Wed, Jan 7
Silver Price Forecast: XAG/USD falls below $79.50 due to profit-taking
Silver price (XAG/USD) depreciates by 1.75% after three days of gains, trading around $79.30 per troy ounce during the European hours on Wednesday. The price of the grey metal declines as investors lock in profits following its rally toward record highs.
Silver
Fxstreet
Wed, Jan 7
WTI Price Forecast: Sees immediate support near $55 amid US-Venezuela clash
West Texas Intermediate (WTI), futures on NYMEX, trade 1.15% lower to near $56.00 during the late Asian trading session on Wednesday.
Brent
WTI
Fxstreet
Wed, Jan 7
Gold pulls back from $4,500 amid profit-taking ahead of key US macro data
Gold (XAU/USD) struggles to capitalize on its strong weekly gains registered over the past two days and faces rejection near the $4,500 psychological mark, or over a one-week high touched during the Asian session on Wednesday.
Gold
Fxstreet
Wed, Jan 7
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
Gold
Fxstreet
Wed, Jan 7
Russia deploys submarine to escort tanker amid US pursuit off Venezuela — WSJ
Russia has deployed a submarine and other naval vessels to escort an aging oil tanker off the coast of Venezuela, the Wall Street Journal reported on Wednesday.
Brent
WTI
Fxstreet
Wed, Jan 7
WTI seems vulnerable below mid-$56.00s as Trump’s Venezuela oil plan fuels supply hopes
West Texas Intermediate (WTI) US Crude Oil prices extend the previous day's sharp pullback from the $58.65-$58.70 region, or over a one-week high, and attract heavy selling for the second straight day on Wednesday.
Brent
WTI
Fxstreet
Wed, Jan 7
Gold Price Forecast: XAU/USD extends upside to near $4,500 on Venezuela turmoil
Gold price (XAU/USD) climbs to near $4,500 during the early Asian trading hours on Wednesday. The precious metal rises by more than 1% in the day as geopolitical tensions and expectations of US rate cuts keep demand for gold high.
Gold
Fxstreet
Wed, Jan 7
United States API Weekly Crude Oil Stock came in at -2.8M, below expectations (1.2M) in January 2
United States API Weekly Crude Oil Stock came in at -2.8M, below expectations (1.2M) in January 2
Brent
Fxstreet
Tue, Jan 6
WTI US Oil slips as Venezuela's political turmoil, API inventory report loom
West Texas Intermediate (WTI) US Oil trades around $57.50 at the time of writing on Tuesday, down 1.25% on the day. The WTI price remains under pressure as markets try to gauge the possible consequences of recent political events in Venezuela on global Oil supply.
WTI
Brent
Fxstreet
Tue, Jan 6
Copper breaks $13,000 on strike and tariff fears – Commerzbank
Copper surged above $13,000 per ton as a strike at Chile’s Mantoverde mine and fears of renewed US tariffs tightened supply perceptions.
Copper
Fxstreet
Tue, Jan 6
Gas prices ease despite low storage levels – Commerzbank
European Gas prices have slipped back below EUR 28/MWh as markets look past the current cold spell toward milder weather, despite storage levels remaining well below average.
Fxstreet
Tue, Jan 6
Silver rises on safe-haven demand driven by US-Venezuela tensions, Fed outlook
Silver (XAG/USD) trades around $78.40 on Tuesday at the time of writing, up 2.90% on the day, extending a streak of four consecutive days of gains.
Silver
Fxstreet
Tue, Jan 6
Gold consolidates gains as Venezuela crisis keeps investors cautious
Gold (XAU/USD) consolidates on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following United States (US) attacks on Venezuela. At the time of writing, XAU/USD is trading around $4,460, down modestly from an intraday peak near $4,475.
Gold
Fxstreet
Tue, Jan 6
OPEC+ keeps production steady as expected – Commerzbank
OPEC+ producers confirmed plans to maintain current output until March, with minor deviations from Kazakhstan, Iraq, and Russia.
Brent
Fxstreet
Tue, Jan 6
Oil: Venezuela shift may pressure Oil prices – OCBC
Political transition in Venezuela could revive its Oil sector and weigh on global Oil prices, though OPEC’s quota pause provides some support for Brent.
Brent
WTI
Gold
Fxstreet
Tue, Jan 6
Gold and Silver rally on geopolitical tensions – ING
Gold surged above $4,455/oz and Silver topped $77/oz as geopolitical risk in Venezuela and macro uncertainty drove safe-haven demand.
Gold
Silver
Fxstreet
Tue, Jan 6
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