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Gold is trading firmly amid trade uncertainty – Commerzbank
Gold prices are once again supported by geopolitical uncertainty. While prices dipped slightly after tariff delays, ongoing trade tensions continue to drive demand for the safe-haven meta, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
May 30, 2025
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 $60.41 per barrel, down from Thursday’s close at $60.61.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.30.Gold price slides below $3,300 amid a mildly positive USD; focus remains on US PCE
Gold price (XAU/USD) struggles to capitalize on the previous day's strong recovery move from the $3,246-3,245 region, or over a one-week low, and attracts fresh sellers during the Asian session on Friday.Fxstreet
May 30, 2025
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
Gold price bounced off weekly lows of $3,245 and rose past $3,300 on Thursday, helped by a softer jobs report in the United States (US), while markets cheered a US court decision to block US President Donald Trump’s tariffs. At the time of writing, XAU/USD trades at $3,318 and gains 0.94%.Fxstreet
May 29, 2025
LME Copper inventories fall to fresh low – ING
Copper inventories on the LME fell to the lowest level in almost two years, with withdrawals continuing at warehouses in Rotterdam. Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.
Fxstreet
May 29, 2025
WTI rallies further, approaching $63.00 boosted by a ban on tariffs
WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump’s tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump’s unilateral trade tariffs overstep the US CongGold price seems vulnerable below $3,300 amid tariffs news, stronger USD
Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.Fxstreet
May 29, 2025
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