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Comex Copper slumps as Chile seeks tariff exemption – ING
Copper prices on Comex slumped after Chile’s finance minister said the country will push for an exemption for a planned US tariff on the metal. Trade talks between the US and Chile started in Washington on Monday, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Fxstreet
Tue, Jul 29
Gold price languishes near multi-week low as focus shifts to FOMC policy meeting
Gold price (XAU/USD) struggles to attract any meaningful buyers during the Asian session on Tuesday and remains within striking distance of a nearly three-week low, around the $3,300 neighborhood, touched the previous day.Fxstreet
Tue, Jul 29
WTI trades with a negative bias below mid-$66.00s; downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices edged lower during the Asian session on Tuesday and eroded a part of the previous day's strong gains to over a one-week high. The commodity currently trades just below mid-$66.00s, down 0.40% for the day, though the downside seems cushioned.Gold falls for fourth day as US–EU trade deal boosts US Dollar, yields
Gold price extended its losses for the fourth consecutive trading day, down more than 0.60%, as the European Union (EU) and the United States (US) reached a trade agreement over the weekend, reducing duties on EU goods from a proposed 30% to 15%.Fxstreet
Mon, Jul 28
Silver Price Forecast: XAG/USD wobbles near $38.00 as trade optimism dulls safe-haven demand
Silver (XAG/USD) is treading water near $38.00 on Monday, struggling to regain momentum after last week’s technical breakdown. Although prices are holding steady on the day, broader market sentiment is weighing on the metal.Fxstreet
Mon, Jul 28
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 $65.25 per barrel, up from Friday’s close at $64.85.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $67.60.WTI gains traction to near $65.00 as US-EU confirm 15% tariff deal
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.90 during the Asian trading hours on Monday. The WTI edges higher as the European Union (EU) agrees to the United States (US) trade deal ahead of the deadline.Featured Tools
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