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Gold set for weekly loss as strong US data, trade optimism hits safe-haven demand
Gold price (XAU/USD) is poised to end the week on a lower note as economic data from the United States (US) and progress in trade deals with the latter weighed on safe-haven demand, driving the yellow metal lower. Additionally, the Greenback recovered some ground despite falling US Treasury yields.
Fxstreet
Fri, Jul 25
Gold Suffers Rare Three-Day Loss — Are Tariffs Becoming a Reality?
TradingKey - As political tensions within the U.S. ease and global uncertainties begin to settle, gold prices have tumbled in a rare three-day losing streak. At the time of writing, gold has fallen to $3,334 per ounce.TradingKey
Fri, Jul 25
Gold suffers its third day of losses as EU-US trade prospects firm, US-China talks take focus
Gold is trading lower on Friday as risk appetite improves, trade tensions ease, and the US Dollar firms.At the time of writing, XAU/USD is hovering near $3,340, weighed down by rising US Treasury yields and fading demand for safe-haven assets.Fxstreet
Fri, Jul 25
US natural Gas prices rebound on storage surprise – ING
US natural Gas prices rebounded after three days of losses, supported by a smaller-than-expected storage build. Lower inventory growth may signal tighter supply dynamics in the weeks ahead, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Jul 25
Venezuelan Oil supply set to increase – ING
Oil prices firmed yesterday amid optimism over trade talks, despite the Trump administration reportedly allowing Chevron to resume operations in Venezuela. The move continued in early morning trading today. Roughly two months ago, the US government ended Chevron’s ability to produce in Venezuela.Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $66.26 per barrel, up from Thursday’s close at $65.95.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $68.56 price posted on Thursday, and trading at $68.89.WTI climbs above $66.00 as trade talk optimism outweighs concerns over Oil oversupply
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $66.30 per barrel during the Asian hours on Friday. Crude Oil prices receive support on optimism surrounding trade talks, which bolstered the outlook for the global economy and Oil demand.Gold slips as strong US jobs data offsets trade, Fed uncertainty
Gold price retreats during the North American session, down by over 0.50% on Thursday following the release of strong labor market data despite weakening manufacturing activity, according to the S&P Global Flash PMI survey.Fxstreet
Thu, Jul 24
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