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Silver extends rally to three-week high near $50 on Fed rate cut hopes
Silver (XAG/USD) continues its advance at the start of the week, trading around $49.85 per ounce on Monday at the time of writing, up 3.0% for the day and marking its highest level in three weeks at $50.00 earlier in the day.
Silver
Fxstreet
Mon, Nov 10
Gold Price Forecast: XAU/USD edges higher to near $4,050 amid concerns over US economy
Gold price (XAU/USD) trades in positive territory around $4,050 during the early Asian session on Monday. The precious metal edges higher as US private jobs data indicated a weak labor market, supporting the US rate cuts.
Gold
Fxstreet
Mon, Nov 10
Gold tops $4,000 as US shutdown, weak data stoke haven demand
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Gold
Fxstreet
Fri, Nov 7
Silver Price Forecast: XAG/USD struggles for traction, bulls eye $49.50 breakout
Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the weekend.
Silver
Fxstreet
Fri, Nov 7
United States Baker Hughes US Oil Rig Count registered at 414 above expectations (413)
United States Baker Hughes US Oil Rig Count registered at 414 above expectations (413)
Brent
Fxstreet
Fri, Nov 7
Data from China justifies Copper price correction – Commerzbank
The Copper price has recently fallen significantly from its record high at the end of October of just over $11,000 per ton, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Copper
Fxstreet
Fri, Nov 7
Gold ETFs continued to attract inflows in October – Commerzbank
Yesterday, the World Gold Council published data on Gold ETFs in October, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Nov 7
Libya aims to further increase Oil production – Commerzbank
In recent days, there have been reports indicating a further increase in Oil production in Libya, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
WTI
Fxstreet
Fri, Nov 7
Marked decline in Russian Oil exports – Commerzbank
The US sanctions against Russia's two largest Oil companies announced by US President Trump two weeks ago are now apparently also having an impact on Russia's seaborne crude Oil exports, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
WTI
Fxstreet
Fri, Nov 7
Gold holds firm near $4,000 amid risk-off sentiment
Gold (XAU/USD) trades slightly firmer on Friday, holding within the familiar $3,900-$4,050 range as the prolonged United States (US) government shutdown and cautious sentiment across global markets keep safe-haven demand steady.
Gold
Fxstreet
Fri, Nov 7
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 $60.04 per barrel, up from Thursday’s close at $59.40.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $63.33 price posted on Thursday, and trading at $63.97.
Brent
WTI
Fxstreet
Fri, Nov 7
WTI Price Forecast: Trades with modest gains below $60.00; not out of the woods yet
West Texas Intermediate (WTI) US Crude Oil prices edge higher during the Asian session on Friday and for now, seem to have snapped a four-day losing streak to an over two-week low, touched the previous day.
Brent
WTI
Fxstreet
Fri, Nov 7
Gold draws support from safe-haven flows and Fed rate cut bets
Gold (XAU/USD) attracts fresh buyers following the previous day's late pullback from the vicinity of the weekly high and trades around the $4,000 psychological mark during the Asian session on Friday.
Gold
Fxstreet
Fri, Nov 7
Silver Price Forecast: XAG/USD rises to near $48.50 as Fed rate cut bets increase
Silver price (XAG/USD) gains ground after recovering losses registered in the previous session, trading around $48.40 per troy ounce during the Asian hours on Friday.
Silver
Fxstreet
Fri, Nov 7
WTI drifts higher above $59.50 on weaker US Dollar, fears of oil glut might cap its upside
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.60 during the Asian trading hours on Friday. The WTI recovers some lost ground on the weaker US Dollar (USD). However, the potential upside might be limited amid increasing excess supply concerns.
WTI
Brent
Fxstreet
Fri, Nov 7
Gold Price Forecast: XAU/USD holds gains near $4,000 as US shutdown lifts safe-haven demand
Gold price (XAU/USD) trades in positive territory near $3,990 during the early Asian session on Friday. The precious metal edges higher amid a weaker US Dollar (USD) and a renewal of safe-haven demand. Traders await the release of the flash U-Mich Consumer Sentiment survey later on Friday.
Gold
Fxstreet
Fri, Nov 7
Gold holds near $4,000 as US shutdown, layoffs boost safe-haven demand
Gold price advances on Thursday after reaching a daily high of $4,019, but retreats below the $4,000 mark even though the US Dollar and US Treasury yields tumbled. At the time of writing, XAU/USD trades with gains of over 0.10% at around $3,985.
Gold
Fxstreet
Thu, Nov 6
WTI Crude Oil drops below $59 as market shrugs off Russian refinery strikes
West Texas Intermediate (WTI) US Oil trades at $58.90 on Thursday at the time of writing, down 0.80% on the day, extending its decline for a third consecutive day.
WTI
Brent
Fxstreet
Thu, Nov 6
Copper poised for upside as macro and micro finally align – TDS
Copper is vulnerable to an unwind in the debasement trade, but that is a side-story, TDS' Senior Commodity Strategist Daniel Ghali notes.
Copper
Fxstreet
Thu, Nov 6
Silver extends rally amid US fiscal uncertainty, investment inflows
Silver (XAG/USD) edges higher on Thursday, maintaining its recovery above the $48 mark as the United States (US) government shutdown deepens market uncertainty. At the time of writing, XAG/USD trades around $48.40, gaining 0.60% on the day, following a strong rebound from earlier-week lows.
Silver
Fxstreet
Thu, Nov 6
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