Search
News
WTI steadies under $61.50 as market digests lower than expected OPEC+ output hike
West Texas Intermediate (WTI) US Oil price hovers below $61.50 on Monday, up 0.9% for the day, after the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, decided to raise production by only 137,000 barrels per day (bpd) starting in November.
Fxstreet
Mon, Oct 6
Gold surges past $3,900 on safe-haven demand amid US shutdown and political jitters
Gold (XAU/USD) extends its historic run beyond $3,900 on Monday, notching one record high after another as the prolonged United States (US) government shutdown, dovish Federal Reserve (Fed) bets, and renewed political jitters in Europe keep safe-haven demand elevated.
Fxstreet
Mon, Oct 6
Gold Price Forecast: XAU/USD refreshes all-time high near $3,950 on firm Fed rate cut bets
Gold price (XAU/USD) posts a fresh all-time high around $3,950 during the European trading session on Monday. The yellow metal strengthens as traders become increasingly confident that the Federal Reserve (Fed) will cut interest rates by 50 basis points (bps) in the remainder of the year.Fxstreet
Mon, Oct 6
OPEC+ confirms November production hike of 137kbd – Société Générale
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman confirmed on Sunday (in a 9-minute meeting with no objections) their intention to collectively increase production by 137kbd in November, Société Générale's FX analysts note.Fxstreet
Mon, Oct 6
Copper hits five-month high as supply disruptions deepen – ING
LME Copper prices extended the upward rally for a fourth straight session this morning, with prices moving above $10,785/t (the highest since May 2024), amid expectations of US interest rate cuts and ongoing supply disruptions, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Mon, Oct 6
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 $61.50 per barrel, up from Friday’s close at $60.51.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $64.28.Gold buying remains unabated amid Fed rate cut bets and US government shutdown
Gold (XAU/USD) surges past the $3,900 round figure during the Asian session on Monday, hitting a fresh record high amid the growing acceptance for additional interest rate cuts by the US Federal Reserve (Fed).Fxstreet
Mon, Oct 6
WTI climbs above $61.50 on lower-than-expected OPEC+ output hike
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.55 during the Asian trading hours on Monday. The WTI jumps after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to raise production by a modest amount in November.Gold edges higher to record high above $3,900 as US shutdown continues
Gold Price (XAU/USD ) attracts some buyers to a fresh record high around $3,920 during the early Asian session on Monday. Uncertainty surrounding a US government shutdown and expectations of the Federal Reserve (Fed) interest rate cuts support the precious metal.Fxstreet
Mon, Oct 6
Gold climbs as shutdown fuels haven demand, eyes record high
Gold price advances during the North American session on Friday, up by 0.70% for the day as the US government shutdown extends to three days, poised to end the week positively for the seventh straight week. At the time of writing, XAU/USD trades at $3,882 after hitting a daily low of $3,838.Fxstreet
Fri, Oct 3
Gold steadies above $3,850 as US shutdown drags on; ISM Services PMI in focus
Gold (XAU/USD) stabilizes above $3,850 on Friday, maintaining a steady tone through the European session after dipping to an intraday low near $3,838, as the US Dollar (USD) eases following its modest rebound a day earlier.Fxstreet
Fri, Oct 3
Featured Tools
Top News
Why Are Three Major US Stock Index Futures Under Pressure to Start September? Nvidia, Apple, Tesla, Micron in Focus
【US Pre-Market】US Futures and Chip Stocks Fall as Global Bond Sell-Off Deepens; Gold Drops Below $4,400, Brent Crude Tops $92
Gold Drops Below $4,400, Silver Slumps 3% as Rising Global Bond Yields Weigh on Precious Metals
August Crypto Market Review and Outlook: Bitcoin Surge Above $80,000 Sparks Broad Crypto Rally, Fed Decision to Determine If Gains Continue
The Week Ahead: August Nonfarm Payrolls Data Incoming, Broadcom, Dell, Palo Alto Earnings Set for Release
