Search
News
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 Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.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
Silver Price Forecast: XAG/USD hovers around nine-day EMA near $33.00
Silver price (XAG/USD) halts its two-day losing streak, trading around $33.20 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a neutral bias, as the price of the precious metal consolidates within a rectangular pattern.Fxstreet
May 29, 2025
Japan's rice crisis deepens as market giants scoop best grain
Japan’s rice supply debacle continues as the government is now seeking to lower the price of its stockpiled grain, and focus on discretionary contracts for smaller buyers. However, recent comments from agriculture minister Shinjiro Koizumi have drawn criticism regarding prices, preferential sellingCryptopolitan
May 29, 2025
Gold price steadies near $3,300 after Fed flags stagflation risks in May minutes
Gold prices recovered some ground on Wednesday as the Federal Reserve revealed in the May 6-7 minutes that they see rising inflation and unemployment risks increasing due to the trade war. At the time of writing, XAU/USD is trading at $3,300, virtually unchanged.Fxstreet
May 28, 2025
Gold slips below $3,300 on US Dollar strength as traders await Fed Minutes
Gold price extended its losses during the North American session on Wednesday after hitting a daily high of $3,325 earlier in the day as market sentiment shifted sour. Nevertheless, sellers stepped in, driving the yellow metal prices below $3,300, resulting in a solid 0.18% decline.Fxstreet
May 28, 2025
CTAs poised to pressure WTI as OPEC+ shifts strategy – TDS
CTAs will sell WTI crude in any scenario for prices this week. This selling activity is likely to be less significant than that which we expect in gold markets, but could weigh on prices nonetheless, TDS' Senior Commodity Strategist Daniel Ghali notes.Featured Tools
Top News
Why Are Nasdaq and S&P 500 Futures Weak Pre-Market? Nvidia, Apple, Intel, CRWD and Other Stocks in Focus
Nike: Just Bounce It — Shares Hit 12-Year Low, Will the Market Jump the Gun?
Gold Price Forecast: Can Gold Keep Rising as Fed Rate Hike Expectations Heat Up and US-Iran Conflict Escalates?
US Stocks Fall as Dow Drops 370 Points; CSPs Lead Losses as Cloud Memory Stocks Surge Late; SanDisk and Tesla Rise Over 5%
Crypto Markets Fall Across the Board as Bitcoin Drops Below $78,000
