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Gold price rebounds from one-month low amid risk-off impulse; upside seems limited
Gold price (XAU/USD) stages a goodish recovery from a one-month trough, around the $2,584-$2,583 region touched during the Asian session on Thursday and for now, seems to have snapped a two-day losing streak.Fxstreet
Dec 19, 2024
WTI posts modest gains to near $69.50 as US crude stocks fall
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.50 on Thursday. The WTI price posts modest gains as US crude inventories fell and the US Federal Reserve (Fed) lowered its key interest rate by a quarter percentage point on Wednesday.
Silver Price Forecast: XAG/USD struggles near $30.40 area, seems vulnerable below 100-day SMA
Silver (XAG/USD) struggles to capitalize on the previous day's modest rebound from the vicinity of the monthly low, around the $30.00 psychological mark and attracts some sellers on Wednesday.Fxstreet
Dec 18, 2024
WTI holds below $70.00 as weak Chinese data sparks demand concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 on Wednesday. The WTI price edges lower amid the renewed concerns about Chinese demand. Investors remains cautious ahead of the US Federal Reserve (Fed) interest rate decision on Wednesday.Featured Tools
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