Search
News
Gold Surges Past $3,800 to Record High as Fed Rate Cuts Meet Government Shutdown Gray Rhino
TradingKey - After six consecutive weeks of gains, gold prices continue to climb, breaking through the psychological $3,800 per ounce barrier for the first time in history. The rally is being driven not only by expectations of Federal Reserve rate cuts and a weakening dollar, but also by mounting
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 $65.09 per barrel, up from Friday’s close at $65.00.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $68.70.
Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact
Gold price (XAU/USD) extends the rally to around $3,770 during the early Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year.Fxstreet
Mon, Sep 29
Gold climbs as Fed’s inflation gauge reinforces dovish bets
Gold price advances during the North American session, up 0.60% on Friday after the last inflation report maintained the status quo, reinforcing dovish bets for further easing by the Federal Reserve (Fed). At the time of writing, the XAU/USD trades at $3,774 after bouncing off daily lows of $3,734.Fxstreet
Fri, Sep 26
Fragile sentiment in the Copper market – Commerzbank
The price jump in Copper, temporarily rising by almost 5% in reaction to the news that the operator of the important Grasberg mine in Indonesia has declared force majeure on contracted supplies, demonstrates how fragile market sentiment is regarding the supply situation.
Fxstreet
Fri, Sep 26
China's Gold Imports Declined in August – Commerzbank
Gold prices continue to climb, attracting strong ETF inflows, but high prices are weighing on physical demand as China’s August imports fell 3.4% month-on-month and net imports from Hong Kong dropped 39%, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Fri, Sep 26
Resumption of Oil deliveries from Iraqi Kurdistan reportedly imminent – Commerzbank
Concerns that the US might toughen its stance against Russia have pushed Oil prices back to the upper edge of the trading range that has been in place for two months, Commerzbank's commodity analyst Barbara Lambrecht notes.Gold consolidates near $3,750 ahead of US PCE inflation data
Gold (XAU/USD) holds steady near $3,750 on Friday, continuing to consolidate within the familiar $3,760-$3,720 range after surging to a record high of $3,791 earlier this week, as traders reassess the Federal Reserve’s (Fed) monetary policy outlook amid mixed signals from officials and robust US ecoFxstreet
Fri, Sep 26
US natural gas storage rises – ING
US natural Gas inventories increased by 75Bcf last week, a touch above expectations but just shy of the five-year norm. With storage still running 6.1% above average and weather outlooks mixed, Henry Hub prices were little changed, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Sep 26
Gold Price Forecast: XAU/USD wobbles around $3,750 as investors await US PCE Inflation data
Gold price (XAU/USD) trades in a tight range around $3,750 during the European trading session on Friday. The yellow metal consolidates as investors await the United States (US) Personal Consumption Expenditure Price Index (PCE) data for August, which will be published at 12:30 GMT.Fxstreet
Fri, Sep 26
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
