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Oil prices under pressure ahead of Trump-Putin meeting – Commerzbank
Oil prices last week recorded their sharpest weekly declines since the end of June. At the same time, they fell to their lowest levels in two months. Brent is down 7% compared to the beginning of the month, WTI 7.5%.
Fxstreet
Aug 12, 2025
WTI Oil prices consolidate around $63.50 ahead of the Putin-Trump meeting
Crude Oil prices are trading sideways, within a tight range around $63.50 on Tuesday, consolidating gains after having bounced from two-month lows near $62.00 on Monday. Upside attempts, however, remain limited ahead of the meeting between Trump and Putin later on the week.
Trump "Clarifies" Zero Gold Tariff Stance; Prices Suffer Biggest 3-Month Drop
TradingKey - On August 11, Trump posted a clear statement on his social media platform declaring "Gold will not be taxed," ending market concerns over potential gold tariffs and triggering a sharp price decline—the largest single-day drop in nearly three months.TradingKey
Aug 12, 2025
WTI recovers above $63.00 as Russia shrugs off US deadline to avoid sanctions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.35 during the early Asian trading hours on Tuesday. The WTI recovers some lost ground as Russia ignores the US deadline to end its war with Ukraine.Gold price slumps as traders eye US CPI, Trump–Putin summit
Gold price dives during the North American session as traders waited for the White House resolution on duties over physical Bullion bars, which triggered a downturn last Friday in the futures market. Traders awaiting the release of inflation data in the United States (US) pushed spot prices down.Fxstreet
Aug 11, 2025
Gold Price Forecast: XAU/USD declines as bulls hesitate near $3,400, US inflation in focus
Gold price (XAU/USD) trades 1.2% lower to near $3,350 during the European trading session on Monday. The yellow metal faces selling pressure as investors shift their focus to the United States (US) Consumer Price Index (CPI) data for July, which is scheduled to be released on Tuesday.Fxstreet
Aug 11, 2025
US Gold import tariff uncertainty – ING
Gold futures in New York surged on Friday after a Financial Times report that imports of one-kilo bullion bars are now subject to US levies, contrary to the market’s assumption that Gold would be exempt from any import tariffs, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Aug 11, 2025
Silver price forecast: XAG/USD moves below $38.00 amid easing geopolitical risks
Silver price (XAG/USD) depreciates after registering gains in the previous two sessions, trading around 38.00 per troy ounce during the early European hours on Monday. The safe-haven Silver attracts sellers amid easing geopolitical risks.Fxstreet
Aug 11, 2025
WTI extends downside to near $62.50 as traders brace for potential US-Russia talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.50 during the early European trading hours on Monday. The WTI extends the decline near the lowest since June amid optimism over the proposed United States (US)-Russia meeting.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 $62.81 per barrel, up from Friday’s close at $62.72.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.86.WTI holds below $63.00 as traders await possible US-Russia meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.75 during the early Asian trading hours on Monday. The WTI remains under selling pressure after posting the steepest weekly losses since late June in the previous session.Featured Tools
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