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Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.82 per barrel, down from Friday’s close at $57.24.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.25.
Silver Price Forecast: XAG/USD stabilizes above $52 after healthy correction
Silver price (XAG/USD) trades 0.7% higher to near $52.30 during the late Asian trading session on Monday. The white metal rebounds after a steep corrective move seen on Friday from the all-time high of $54.50.
Fxstreet
Mon, Oct 20
Gold Price Forecast: XAU/USD edges lower below $4,250 as demand eases after the festive season
Gold price (XAU/USD) trades in negative territory around $4,245 during the early Asian session on Monday. The precious metal edges lower as the recent record-breaking rally seems overstretched and physical demand eases after the festive rush.Fxstreet
Mon, Oct 20
Gold crashes 2% from record high as Trump tempers threats on China
Gold price (XAU/USD) falls 2% after reaching a record high at $4,379 earlier on Friday, tumbles below $4,250, sponsored by US President Donald Trump's comment that triple-digit tariffs on China are unsustainable. At the time of writing, Bullion prices hover at around the $4,230 - $4,240 range.Fxstreet
Fri, Oct 17
Silver Price Forecast: XAG/USD eases from record highs, bulls defend $53.00 support
Silver (XAG/USD) is taking a breather on Friday, snapping a two-day winning streak after refreshing a new all-time high near $54.86 on Thursday. At the time of writing, the white metal is trading around $53.20, down over 1.80% on the day and easing from the intraday high of $53.68.Fxstreet
Fri, Oct 17
WTI recovers after multi-month low, geopolitical easing, Fed rate cut hopes lift Oil
West Texas Intermediate (WTI) US Oil rebounds on Friday to around $57.00 after reaching a new low since May earlier in the day at $56.15. The market is attempting to stabilize after a volatile week marked by mixed signals between geopolitical easing and supply excess.
Copper: Chinese companies want to increase metal exports – Commerzbank
According to Bloomberg reports, Chinese smelters are taking advantage of the current high world market prices and want to increase their exports, which is likely to have contributed to the recent decline in Copper and Zinc prices, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Fri, Oct 17
IEA likely overestimates supply surplus in oil market – Commerzbank
The IEA expects a massive oversupply of 4 million barrels per day on the Oil market next year. However, the IEA's assumptions regarding supply are extremely ambitious, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Fri, Oct 17
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