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Gold explodes as US-Iran breakthrough crushes Oil prices
Gold (XAU/USD) rallies by more than 3% on Monday after the US and Iran reached a deal to end their conflict, easing inflationary pressures amid falling Oil prices. At the time of writing, the XAU/USD pair trades at $4,351, after bouncing off daily lows of $4,218.
Gold
Fxstreet
Mon, Jun 15
Oil: Strait of Hormuz reopening eases stress – BNY
BNY’s Bob Savage reports that the U.S.-Iran agreement to reopen the Strait of Hormuz has significantly reduced immediate energy supply risks. This geopolitical de-escalation has lowered energy market stress and helped calm inflation concerns.
Brent
WTI
Fxstreet
Mon, Jun 15
WTI Oil slumps as US-Iran Strait of Hormuz deal unwinds geopolitical risk premium
West Texas Intermediate (WTI) US Oil is falling sharply on Monday and trades around $79.15 at the time of writing, down 4.53% on the day.
WTI
Brent
Fxstreet
Mon, Jun 15
Gold climbs as US-Iran peace progress, falling Oil curb rate-hike bets
Gold (XAU/USD) starts the week on a positive note, rising more than 2.5% after the United States (US) and Iran reached a framework agreement to end the war in the Middle East.
Gold
Fxstreet
Mon, Jun 15
Silver rallies as US Dollar slips on US-Iran framework, Fed decision looms
Silver (XAG/USD) trades around $70.70 at the time of writing on Monday, up 3.94% on the day. The white metal is extending its rebound and benefiting from a backdrop marked by a weaker US Dollar (USD) and expectations surrounding the upcoming Federal Reserve (Fed) meeting.
Silver
Fxstreet
Mon, Jun 15
Brent: Prices retreat toward $80 on supply optimism – MUFG
MUFG’s Lee Hardman highlights that Oil prices have fallen back toward USD80 per barrel as markets anticipate normalized flows through the Strait of Hormuz after the US-Iran agreement.
Brent
Fxstreet
Mon, Jun 15
Global markets: Oil, bonds and equities react to conflict – Deutsche Bank
Deutsche Bank reviews performance of Oil, bonds, European equities and precious metals from late February to last Friday during the conflict. The bank notes Oil and AI-related trades surged, while bonds, most European equities and precious metals fell.
Brent
Fxstreet
Mon, Jun 15
Gold advances as US-Iran framework deal, weaker Dollar support rebound
Gold (XAU/USD) trades around $4,340 at the time of writing on Monday, up 2.86% on the day and extending the rebound that began on Thursday from the $4,024 area.
Gold
Fxstreet
Mon, Jun 15
Brent: Lower prices with key supports – Societe Generale
Societe Generale’s Kenneth Broux and colleagues note Brent has dropped sharply after the US–Iran MoU and reopening prospects for the Strait of Hormuz, with prices down 35% from April peaks but still above pre-war levels.
Brent
Fxstreet
Mon, Jun 15
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.69 per troy ounce, up 3.91% from the $68.03 it cost on Friday.
Silver
Fxstreet
Mon, Jun 15
WTI falls below $79.00 to three-month lows
West Texas Intermediate (WTI) crude falls around 5%, reaching a three-month low of $78.60 per barrel on Monday. Crude oil prices declined to three-month lows on easing supply concerns following reports that the United States (US) and Iran had reached a deal to end their conflict.
WTI
Brent
Fxstreet
Mon, Jun 15
WTI Price Forecast: Slides below $80 on US-Iran deal finalization
West Texas Intermediate (WTI), futures on NYMEX, trade over 4% down to near $79.50 in the European trading session on Monday.
Brent
WTI
Fxstreet
Mon, Jun 15
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold
Fxstreet
Mon, Jun 15
Silver Price Forecast: XAG/USD soars to near $70.80 as US-Iran reach peace deal
Silver price (XAG/USD) is up 4% to near $70.80 in the Asian trading session on Monday.
Silver
Brent
Fxstreet
Mon, Jun 15
Gold rises to weekly high as US, Iran reach peace deal
Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Gold
Fxstreet
Mon, Jun 15
WTI falls to two-month low near $79.50 on US-Iran agreement
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.40 during the early Asian trading hours on Monday. The WTI price tumbles to a two-month low after reports that the United States (US) and Iran announced a peace deal to end their nearly four-month war.
WTI
Brent
Fxstreet
Mon, Jun 15
US President Donald Trump claims Strait will be ‘permanently toll free’ under Iran agreement
US President Trump said that the agreement he reached with Iran would ultimately assure that the Strait of Hormuz is “permanently toll free,” the New York Times reported on Sunday.
Brent
Fxstreet
Sun, Jun 14
Gold clears $4,200 as optimism on Middle East deal dents inflation woes
Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile, households in the US are becoming more optimistic about the economy.
Gold
Fxstreet
Fri, Jun 12
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
Brent
Fxstreet
Fri, Jun 12
Silver price firms on US Dollar weakness amid easing US-Iran haven demand
Silver (XAG/USD) trades around $67.50 on Friday at the time of writing, up 0.21% on the day. The white metal maintains a positive bias despite improving market sentiment driven by diplomatic progress between the United States (US) and Iran.
Silver
Fxstreet
Fri, Jun 12
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