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WTI declines below $102.00 after Trump says he called off Iran attacks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $101.85 during the early Asian trading hours on Tuesday. The WTI price declines after US President Donald Trump said he was holding off a military attack on Iran planned for Tuesday at the request of Gulf states.Fxstreet
Tue, May 19
US President Donald Trump: If a Deal Prevents Nuclear Weapons, We Will Likely Be Satisfied
US President Donald Trump said that the United States (US) would be “probably satisfied” if it could reach an agreement with Iran that prevents Tehran from obtaining a nuclear weapon, the Guardian reported on Monday.Gold steadies as USD slips, Fed hike bets cap upside
Gold (XAU/USD) price steadies on Monday after reaching a daily low beneath $4,500, as the US Dollar is on the back foot amid fears that the energy shock spurred by the Middle East conflict could trigger a second wave of inflation.Fxstreet
Mon, May 18
Gold Price Forecast: XAU/USD steadies above $4,500 awaiting news from Iran
Gold (XAU/USD) is trading flat above $4,500 on Monday, stabilising after a four-day sell-off from $4,770. Investors await developments in the Middle East conflict as a spokesperson for the Iranian Foreign Ministry affirmed earlier on the day that the US-Iran talks are ongoing.Fxstreet
Mon, May 18
Gold: Rates shock weighs on metals – OCBC
OCBC’s Christopher Wong reports sharp corrections in Gold and Silver as higher yields and a stronger Dollar overwhelmed safe-haven demand. Silver underperformed after a prior high-beta rally linked to industrial metals and AI-related risk appetite.Fxstreet
Mon, May 18
Silver Price Forecast: XAG/USD slides further to near $75 as high oil prices extend gains
Silver price (XAG/USD) is down over 1% to near $75.00 during the European trading session on Monday. The white metal extends its two-day massive decline as rising oil prices due to fears of the United States (US)-Iran war resumption have promoted global inflation expectations further.Featured Tools
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