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Gold and Silver Retreat from Key Levels — But Analysts Stand Firm: This Is Not a Stock-Style Bubble
TradingKey - Gold and silver prices surged to historic highs this week before sharply pulling back — but the retreat has not derailed broader bullish sentiment. Analysts say the move reflects a healthy correction, with strong demand from retail investors and central banks confirming that the
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.99 per barrel, down from Thursday’s close at $61.16.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.82 after its previous daily close at $64.99.
Gold remains under pressure below $4,000; downside potential seems limited
Gold (XAU/USD) remains depressed below the $4,000 psychological mark during the Asian session on Friday. However, the fundamental backdrop warrants some caution before positioning for an extension of the previous day's retracement slide from the all-time peak.Fxstreet
Fri, Oct 10
WTI declines below $61.50 on cooling Middle East tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the early Asian trading hours on Friday. The WTI loses traction amid easing geopolitical tensions in the Middle East. Traders will closely monitor how long the US federal government shutdown will last.Silver Soars Past $50, Setting New COMEX Record Amid Supply Crunch
TradingKey - On October 9, spot silver surged over 3% in a single day, reaching a high of $50.37 per ounce, surpassing the previous COMEX (New York Mercantile Exchange) record of $50.35 set on January 18, 1980. Silver prices have soared more than 70% this year, outpacing the record gains seen in golTradingKey
Thu, Oct 9
Gold holds steady near record highs as traders await Powell’s remarks
Gold (XAU/USD) steadies on Thursday after smashing through the $4,000 psychological mark and setting a fresh all-time high of $4,059 on the previous day. At the time of writing, XAU/USD is trading around $4,040, rebounding from an intraday dip near $4,000 as traders consolidate gains following an ovFxstreet
Thu, Oct 9
Gold Price Forecast: XAU/USD bounces up, looks to the $4,060 record high
Gold’s reversal has been contained above the $4,000 psychological level, and the precious metal appreciates again on Thursday, trading at $4035 at the moment of writing, with the $4,060 record high at a short distance.Precious metals remain bid on Thursday.Fxstreet
Thu, Oct 9
WTI edges higher above $61.50 as US crude oil inventories rise
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI gains traction amid a larger-than-expected crude inventory build. However, easing geopolitical tensions in the Middle East might cap its upside.Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.24 per barrel, up from Wednesday’s close at $61.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.81 price posted on Wednesday, and trading at $66.13.Gold retreats from all-time peak as Israel-Hamas peace deal tempers safe-haven demand
Gold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.Fxstreet
Thu, Oct 9
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