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Silver Price Forecast: XAG/USD rallies to near $33 on Trump’s fresh tariff threats
Silver price (XAG/USD) surges to near $33.00 during European trading hours on Tuesday. The white metal strengthens as demand for safe-haven assets increasez after United States (US) President Donald Trump threatened to impose tariffs on pharmaceuticals.
Fxstreet
May 6, 2025
OPEC+ goes with another big supply hike – ING
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in the months ahead, we revised our oil forecasts lower, ING's commodity expert Warren Patterson notes.Fxstreet
May 6, 2025
Oil struggles as OPEC+ sticks to output hikes – Danske Bank
Oil prices remain under pressure after OPEC+ confirmed a third consecutive monthly output hike, reinforcing bearish sentiment in a market already unsettled by global trade tensions and geopolitical risks, Danske Bank's FX analysts report.Fxstreet
May 6, 2025
Palladium price: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $949.65 a troy ounce, with the XPD/USD pair advancing from its previous close at $947.60.
Fxstreet
May 6, 2025
Silver Price Forecast: XAG/USD breaks above $33.00 following Trump's new tariff threat
Silver price (XAG/USD) extends its gains for the second successive session, trading around $33.10 per troy ounce during the Asian hours on Tuesday. The prices of the precious metals, including Silver, rose as President Donald Trump's new tariff threat spurred demand for safe-haven assets.Fxstreet
May 6, 2025
WTI rises above $57.50, continues recovery despite concerns over rising global supply
West Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases.Crude Oil prices stabilize after OPEC output hike sends barrel bids lower
West Texas Intermediate (WTI) Crude Oil prices are stabilizing on Monday, clawing back near-term losses after the Organization of the Petroleum Exporting Countries (OPEC) announced it would begin stepping up its internal production quotas beginning in June.Fxstreet
May 5, 2025
Gold price surges above $3,300 as US Dollar sinks, traders eye Fed meeting
Gold (XAU/USD) prices jumped over 2%, or more than $70, on Monday as the Greenback was battered, although positive economic data from the United States (US) suggests the economy remains solid. XAU/USD trades at $3,309 after bouncing off daily lows of $3,237.Fxstreet
May 5, 2025
Silver Price Forecast: XAG/USD surges to near $32.60 as US Dollar weakens, Fed policy in focus
Silver price (XAG/USD) rallies to near $32.60 during North American trading hours on Monday. The white metal strengthens as the US Dollar (USD) slumps at the start of the week, with the Federal Reserve’s (Fed) monetary policy meeting in focus.
Fxstreet
May 5, 2025
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 $56.13 per barrel, down from Friday’s close at $58.16.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.35.Featured Tools
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