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OPEC+ countries consider significant increase in production for June as well – Commerzbank
According to a Reuters report, the eight OPEC+ countries with voluntary production cuts could also increase oil production more significantly in June, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Apr 25, 2025
Gold price surge fueled by strong ETF demand – Commerzbank
In the middle of next week, the World Gold Council (WGC) will publish its report on gold demand in the first quarter. This is likely to show that the sharp rise in the gold price in the first three months of the year was driven by strong investment demand.Fxstreet
Apr 25, 2025
Brent rises above $68 on trade hopes, sanctions – Commerzbank
The price of Brent oil rose to more than $68 per barrel this week, reaching its highest level since the announcement of reciprocal tariffs by US President Trump at the beginning of April, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Apr 25, 2025
Silver Price Forecast: XAG/USD slips below $33.50 due to easing US-China trade concerns
Silver price (XAG/USD) inches lower following two days of gains, trading around $33.40 per troy ounce during the European hours on Friday. The metal’s safe-haven appeal weakens as reports emerge suggesting China may lift tariffs on certain US imports.Fxstreet
Apr 25, 2025
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $62.84 per barrel, up from Thursday’s close at $62.61.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.65 price posted on Thursday, and trading at $65.88.Silver Price Forecast: XAG/USD corrects as White House softens stance on US-China trade relations
Silver price (XAG/USD) retraces to near $33.30 during North American trading hours on Thursday from an almost three-week high of $33.70 posted earlier in the day. The white metal corrects as investors become hopeful of significant de-escalation in trade war between the United States (US) and China.Fxstreet
Apr 24, 2025
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