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Gold holds above $3,300 as geopolitical risks, US debt woes mount
Gold prices advance by over 0.50% and remain above the $3,300 mark as traders grow increasingly nervous about the United States (US) tax bill vote, along with escalating tensions in the Middle East. XAU/USD trades at $3,307 after bouncing off a daily low of $3,285.
Fxstreet
May 21, 2025
Silver Price Forecast: XAG/USD extends upside to near $33.20 on US credit downgrade
Silver price (XAG/USD) hits a fresh weekly high to near $33.20 during North American trading hours on Wednesday. The white metal strengthens as the US Dollar (USD) extends its downside on the United States (US) credit rating erosion in the wake of large debt levels and escalated fiscal imbalances.
Fxstreet
May 21, 2025
Silver Price Forecast: XAG/USD bulls have the upper hand near $33.15-$33.20 area, over one-week top
Silver (XAG/USD) reverses an intraday dip to the $33.00 neighborhood and climbs to over a one-week high during the first half of the European session on Wednesday. The white metal currently trades around the $33.15-$33.20 region, up 0.20% for the day, and seems poised to appreciate further.Fxstreet
May 21, 2025
Gold edges higher, reclaiming $3,300, on rising geopolitical tensions and US fiscal woes
Gold (XAU/USD) breaks higher on Wednesday towards $3,308 at the time of writing, fueled by concerns that tensions in the Middle East might spiral out of control again and US fiscal woes. In late trading on Tuesday, CNN reported that Israel is considering targeting nuclear sites in Iran.Fxstreet
May 21, 2025
The "rice shortage wave" has caused a rocket surge in Japanese rice prices, indicating that the Bank of Japan is imminent to raise interest rates?
TradingKey - Japanese rice prices are climbing at an alarming rate. As of the end of April 2025, the average retail price of 5 kg of rice reached 4,233 yen, equivalent to about 29.3 US dollars per kilogram.
TradingKey
May 21, 2025
WTI climbs to near $63.00 on report that Israel is preparing to strike Iran
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.95 during the Asian trading hours on Wednesday. The WTI price surges after CNN reported that US intelligence suggests Israel is making preparations to possibly strike Iranian nuclear facilities.Gold price surges past $3,280 on US Moody’s downgrade and geopolitical risks
Gold price advances for the second straight day on Tuesday as the Greenback continues to print losses due to uncertainty about trade policies and the fiscal health of the United States (US) following last Friday’s Moody’s US debt downgrade.Fxstreet
May 21, 2025
US oil futures ease after API reports surprise increase in domestic crude stocks
Investing.com -- U.S. crude oil futures slipped below post-settlement levels Tuesday after the American Petroleum Institute reported an unexpected increase in weekly domestic crude stockpiles.Crude OiInvesting.com
May 20, 2025
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