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Silver Price Forecast: XAG/USD climbs to $30.70 area; not out of the woods yet
Silver (XAG/USD) regains positive traction at the start of a new week and climbs to the $30.70-$30.75 area during the Asian session, albeit it remains confined in a multi-day-old range around the 100-day Simple Moving Average (SMA).Fxstreet
Nov 18, 2024
WTI maintains position above $67.00 due to escalating tensions between Russia and Ukraine
The West Texas Intermediate (WTI) Oil price holds steady above $67.00 per barrel during Monday's Asian trading session, reversing a recent decline as escalating tensions between Russia and Ukraine heighten worries over possible supply disruptions.Silver market remains significantly undersupplied due to rising demand – Commerzbank
The Silver Institute, in cooperation with the precious metals research firm Metals Focus, published updated forecasts for the Silver market this week, Commerzbank’s commodity analyst Carsten Fritsch notes.Fxstreet
Nov 15, 2024
Gold: Strong US dollar causes losses – Commerzbank
There are times when the development of the US Dollar (USD) is of secondary importance for commodity prices denominated in dollars, and there are times when the US dollar is the driving force, Commerzbank’s commodity analyst Barbara Lambrecht notes.Fxstreet
Nov 15, 2024
Risk of an early halt to Russian gas deliveries to Austria – Commerzbank
The European gas market is in turmoil: after an arbitration court awarded an Austrian energy company a large sum in compensation in a dispute with its Russian supplier, the former wants to offset the claim immediately, Commerzbank’s commodity analyst Barbara Lambrecht notes.Fxstreet
Nov 15, 2024
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