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Oil: Iran tensions keep crude prices elevated - Rabobank
Rabobank's Senior Economist Maartje Wijffelaars notes Oil prices climbed to around $105 per barrel as Iran struck tankers, before Brent eased after US comments on talks with Iran. Despite the pullback, Oil and diesel remain elevated, with Gasoil sharply higher since Tuesday.
Fxstreet
Fri, Oct 9
Silver Price Forecast: XAG/USD regains ground amid a pullback in US Treasury Yields
Silver price (XAG/USD) is up 2% to near $60.40 during the European trading session on Friday, reversing its entire Thursday’s losses. The white metal strengthens as its appeal has improved due to a pullback in United States (US) Treasury Yields.Fxstreet
Fri, Oct 9
WTI declines to near $89.50 as Trump rules out attacks on Iran before midterm elections
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.65 during the early European trading hours on Friday. WTI declines after US President Donald Trump said Washington would not attack Iran before November’s midterm elections.China set to resume fuel exports in October following brief suspension — Reuters
China is set to resume refined fuel exports in October following a temporary suspension during the Golden Week holiday, Reuters reported on Friday. This move aims to help ease tight global diesel, gasoline and jet fuel markets.Silver Price Forecast: XAG/USD rises above $60.00 as inflation fears ease
Silver price (XAG/USD) gains ground after three days of losses, trading around $60.10 per troy ounce during Asian hours on Friday. Non-yielding Silver gains support as a decline in oil prices eases inflationary concerns and Fed rate hike expectations.Fxstreet
Fri, Oct 9
Gold gains ground to near $4,150 as traders weigh Fed rate path
Gold price (XAU/USD) edges higher to around $4,140 during the early Asian session on Friday. The precious metal rebounds from a two-month low as traders assess the outlook for energy prices and weighed the Federal Reserve's (Fed) uncertain interest-rate path.Fxstreet
Thu, Oct 8
Gold gains on geopolitics as Fed hike bets shift to December
Gold (XAU/USD) price edges higher on Thursday, underpinned by lower US Treasury yields and a weaker US Dollar, even as Federal Reserve (Fed) officials support further tightening by the US central bank. At the time of writing, XAU/USD trades at $4,130, up 0.48%, after bottoming near $4,103.Fxstreet
Thu, Oct 8
Crude Oil grinds higher on record tanker attacks and Houthi missiles
Gulf Crude Oil exports got back to their pre-war level in September by two routes, a tanker shuttle across the Strait of Hormuz and a detour around it, and both have come under attack since September. Crude Oil trades just above $92.00, on track for its biggest one-day rise since September 10.Silver Price Forecast: XAG/USD slides to fresh two-month low below $59 as US yields eye more gains
Silver price (XAG/USD) posts a fresh two-month low at around $58.50 during the European trading session on Thursday. The white metal faces intense selling pressure as United States (US) bond yields eye more upside on the back of recovery signs in oil prices.Fxstreet
Thu, Oct 8
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