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Gold price retreats further from multi-week high touched on Wednesday
Gold price (XAU/USD) drifts lower during the Asian session on Thursday and moves further away from a three-week top, around the $3,377 area touched the previous day. US President Donald Trump denied reports that he is planning to fire Federal Reserve (Fed) Chair Jerome Powell.Fxstreet
Jul 17, 2025
WTI rises to near $65.50 as crude inventories drop, tariff fears may cap gains
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.50 during the early Asian trading hours on Thursday. The WTI drifts higher, snapping the three-day losing streak, as US crude oil inventories post a weekly draw.
Gold rises on Fed-Trump drama, soft PPI and Israel strikes
Gold price rose during the North American session by 0.78%, helped by US President Donald Trump's comments on firing Federal Reserve (Fed) Chair Jerome Powell, despite his denials of the remarks, saying it is highly unlikely to fire him unless there is fraud.Fxstreet
Jul 16, 2025
Gold Price Forecast: XAU/USD wobbles around 20-day EMA ahead of US PPI data
Gold price (XAU/USD) trades in a tight range around $3,335 during European trading hours on Wednesday. The precious metal consolidates as investors await the United States (US) Producer Price Index (PPI) data for June, which will be published at 12:30 GMT.Fxstreet
Jul 16, 2025
WTI Oil dips further, approaching $65.00 on renewed fears about demand
Crude Oil Prices are trading lower for the third consecutive day on Wednesday as trade uncertainty, an unexpected increase in US stockpiles and the dwindling hopes of Fed cuts, following Tuesday’s US CPI data, have revived concerns about demand.The price of the US benchmark West Texas Intermediate (
Oil: OPEC output rises – ING
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. In addition, no immediate action from the US against Russia following President Trump’s 'major statement' means that the focus returns to the expected oil surplus later in the year.Fxstreet
Jul 16, 2025
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $65.64 per barrel, down from Tuesday’s close at $65.66.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.24 after its previous daily close at $68.30.WTI trades with caution below $66.00 on persisting global trade uncertainty
West Texas Intermediate (WTI), futures on NYMEX, trades cautiously around $65.70 during the late Asian trading session on Wednesday. The Oil price oscillates close to near the weekly low as investors remain uncertain over the energy demand amid persistent global trade tensions.WTI edges lower to below $66.00 as Trump's 50-day deadline for Russia eases supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.70 during the early Asian trading hours on Wednesday. The WTI price edges lower amid easing concerns about supply disruption after US President Donald Trump gives a 50-day deadline for Russia to end the war in Ukraine.
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