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Gold Price Forecast: XAU/USD slumps to near $3,300, 50-day EMA acts as key support
Gold price (XAG/USD) is down almost 0.8% to near $3,300 during the European trading session on Monday. The yellow metal faces a sharp selling pressure as risk-off market sentiment has increased safe-haven demand of the US Dollar (USD).
Fxstreet
Jul 7, 2025
WTI recovers to near $65.50 as investors digest OPEC+ large Oil output increase
West Texas Intermediate (WTI), futures on NYMEX, recovers its initial losses and rebounds to near $65.50 during the European trading session on Monday. The Oil price bounces back even as OPEC+ confirms a bigger-than-projected increase in the Oil output from August.Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $65.41 per barrel, down from Friday’s close at $65.66.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $67.92.WTI slumps to near $65.00 as OPEC+ hikes August output larger than expected
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.00 during the early Asian trading hours on Monday. The WTI price slumps after the Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to a bigger-than-expected production increase in August.Gold Price Forecast: XAU/USD attracts some sellers to below $3,350 amid tariff uncertainty
The Gold price (XAU/USD) attracts some sellers to around $3,320 during the early Asian session on Monday. The precious metal edges lower as the US June Nonfarm Payrolls (NFP) report altered the US Federal Reserve (Fed) policy expectations.Fxstreet
Jul 7, 2025
OPEC+ agrees to a bigger-than-expected production increase in August - Bloomberg
The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed on Saturday to hike their collective crude production by 548,000 barrels per day (bpd), as they continue to unwind a set of voluntary supply cuts, per Bloomberg. This is faster than the 411,000 bps expected.Gold price shines as USD slips, trade war fuels safe-haven demand
Gold price resumes its uptrend on Friday, poised to print gains of over 1.50% for the week as the US Dollar is on the back foot amid thin liquidity conditions following the closure of US markets in celebration of Independence Day. A slight escalation of the trade war boosted bullion prices.Fxstreet
Jul 4, 2025
Gold firms as Trump's tax bill, tariff risks fuel safe-haven demand
Gold (XAU/USD) is trading higher on Friday as news about United States (US) President Donald Trump’s passage of the “Big, Beautiful, Bill” filters through markets. With markets closed in the US in celebration of Independence Day, XAU/USD is trading above $3,330 at the time of writing.Fxstreet
Jul 4, 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 $66.15 per barrel, down from Thursday’s close at $66.35.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.32 after its previous daily close at $68.59.Featured Tools
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