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Silver Price Forecast: XAG/USD remains steady near $32.50, three-month highs
Silver price holds ground near its three-month high of $32.56, recorded on February 5. The upside of the Silver appears limited as the US Dollar gains ground amid rebounding US Treasury yields. Traders await US Nonfarm Payrolls to gain fresh impetus regarding the Fed’s monetary policy direction.Fxstreet
Feb 7, 2025
Saudis boost official selling prices – ING
The oil market sold off yesterday despite US President Trump’s directive to increase economic pressure on Iran, which would include targeting oil exports from the country. Instead, the market focused on the tariff story, a theme likely to dictate sentiment for much of this year.Fxstreet
Feb 6, 2025
Gold rally stalls as US Treasury Secretary Bessent says Trump’s focus is on lowering 10-year yields, not Fed
Gold’s price (XAU/USD) sees its rally stall this Thursday and trades around $2,857 at the time of writing. The slide is mainly triggered by comments from US Treasury Secretary Scott Bessent, who said that the Trump administration's focus is on bringingFxstreet
Feb 6, 2025
EU gas prices strengthen – ING
European natural gas prices saw renewed strength yesterday with TTF settling almost 2.7% higher on the day. Forecasts for colder weather have raised concerns that we will see steeper draws in gas storage in the coming days, ING’s commodity analysts Warren Patterson and Ewa Manthey notes.Fxstreet
Feb 6, 2025
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