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Oil rises on easing Fed and trade fears – ING
Oil rebounded yesterday along with other risk assets. ICE Brent settled almost 1.8% higher on the day after President Trump calmed concerns over the future of Federal Reserve Chair Jerome Powell’s position, ING's commodity experts Ewa Manthey and Warren Patterson note.
WTI extends gains to near $64.00 on Iran sanctions, falling US inventories
West Texas Intermediate (WTI) Oil price extends its rally for a second straight session, trading around $63.90 per barrel during Asian hours on Wednesday. The continued rise in Oil prices comes amid fresh United States (US) sanctions on Iran and signs of tightening supply.
Silver Price Forecast: XAG/USD holds position above $32.50 despite easing Fed concerns
Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $32.70 per troy ounce during the Asian hours on Wednesday. However, prices of grey metal faced headwinds as investor optimism grew over the Federal Reserve's (Fed) independence.Fxstreet
Apr 23, 2025
Silver Price Forecast: XAG/USD wobbles below $33 as investors seek development in US-China trade
Silver price (XAG/USD) trades sideways around $32.50 during European trading hours on Tuesday. The white metal has turned sideways over the last three trading days as investors look for fresh development in trade relations between the United States (US) and China.Fxstreet
Apr 22, 2025
WTI rises to near $63.50 due to covering short positions
West Texas Intermediate (WTI) Oil price retraces its recent losses from the previous session, trading around $63.30 per barrel during the European hours on Tuesday. The uptick in crude Oil prices came as investors took advantage of Monday’s sharp sell-off to cover short positions.Palladium price today: 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 $947.04 a troy ounce, with the XPD/USD pair advancing from its previous close at $932.87.Fxstreet
Apr 22, 2025
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $62.78 per barrel, up from Monday’s close at $62.63.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.74 price posted on Monday, and trading at $65.94.Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery
Silver price (XAG/USD) dips slightly during Tuesday’s Asian session, trading around $32.60 per troy ounce, after posting gains in the previous session. The grey metal is under pressure as the US Dollar (USD) regains strength.Fxstreet
Apr 22, 2025
Breaking: Gold breaks through $3,450, fresh record highs
Gold price continues to build on its record rally, hitting another all-time high above $3,450 in Asian trading on Tuesday. Investors continue to flock to safety in the traditional store of value, the Gold price, amidst heightened risks of a US recession and financial market instability.Fxstreet
Apr 22, 2025
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