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Silver Price Forecast: Can bulls defend $60 as the US Dollar climbs to one-year highs?
Silver (XAG/USD) slides more than 4% on Tuesday as the US Dollar (USD) climbs to near one-year highs after the Federal Reserve's (Fed) hawkish tilt at last week's monetary policy meeting reinforced expectations that interest rates will remain higher for longer.
Fxstreet
Tue, Jun 23
Copper: Prices supported by tightening stocks – ING
ING’s Warren Patterson and Ewa Manthey report that Copper prices edged higher on progress in US-Iran talks, which eased transit and inflation concerns. They note that falling SHFE and LME inventories underpin fundamentals, while Chinese refined Copper output rose in May on better smelter margins.
Fxstreet
Tue, Jun 23
Oil: US-Iran progress weighs on prices – Commerzbank
Commerzbank reports that diplomatic progress in US-Iran talks has pressured Oil, with Brent falling to USD 77.90 and WTI also lower. A 60‑day US license allows Iran to sell crude internationally, and more than 30 million barrels have already departed for Asia.WTI slumps below $73.00 as traders continue to watch US-Iran peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.75 during the early European trading hours on Tuesday. The WTI price falls to the lowest level since early March as traders continue to watch US-Iran moves.Gold weakens back below $4,150 amid Iran uncertainty, Fed hike bets, bullish USD
Gold (XAU/USD) meets with a fresh supply during the Asian session on Tuesday and slides back below the $4,150 level, reversing a major part of the previous day's move higher amid a bullish US Dollar (USD).Fxstreet
Tue, Jun 23
Gold holds steady near $4,200 as US–Iran peace progress offset by Fed hawkish stance
Gold price (XAU/USD) trades on a flat note near $4,190 during the early Asian session on Tuesday. The precious metal steadies as traders continue to assess the developments surrounding the US-Iran peace deal.Fxstreet
Mon, Jun 22
Gold price rises as Iran talks knock Oil lower
Gold (XAU/USD) price posts modest gains of 0.50% on Monday as talks between the US and Iran began on a positive note, driving Oil prices lower and reducing inflation expectations. At the time of writing, the XAU/USD pair trades at $4,179, after bouncing off daily lows of $4,136.Fxstreet
Mon, Jun 22
Silver price rises on US-Iran diplomatic progress, upside capped by hawkish Fed
Silver (XAG/USD) trades around $65.90 at the time of writing on Monday, up 1.69% on the day and snapping a three-day losing streak. The white metal is attracting renewed investor interest as markets assess the implications of diplomatic progress between the United States (US) and Iran.Fxstreet
Mon, Jun 22
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