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Gold extends fragile recovery from monthly low on soft USD; upside seems limited
Gold (XAU/USD) reverses a modest Asian session dip to the $3,983-$3,982 area and is now looking to build on Friday's bounce from the monthly low. The intraday uptick is sponsored by a softer US Dollar (USD), which tends to benefit the commodity.
Fxstreet
Mon, Jul 20
Gold falls toward $4,000 as US-Iran hostilities boosts Fed rate hike bets
Gold price (XAU/USD) falls to around $4,000 during the early Asian trading hours on Monday. The precious metal hovers around the psychological level in recent weeks after losing 14% in the second quarter (Q2), its worst showing since 2013.Fxstreet
Mon, Jul 20
Silver Price Forecast: XAG hits fresh YTD low, bears eye $54 breakdown
Silver price recovered some ground on Friday, up 0.84%, but it is poised to finish the week down over 6.50%. At the time of writing, XAG/USD trades at $56.00 per troy ounce, after reaching a new year-to-date (YTD) low of $54.77.
Fxstreet
Fri, Jul 17
WTI Price Forecast: Consolidates near $79.00 before the next leg up amid bullish setup
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its sideways consolidative price moves for the fourth straight day and trades around the $79.00 mark through the first half of the European session on Friday.
WTI price edges higher to near $79.00 as US-Iran war escalation threatens oil flows
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.00 during the early European trading hours on Friday. The WTI heads for its biggest weekly advance since April as rising tensions in the Middle East raise fears of oil supply disruption.Iran’s IRGC says no oil or gas will be exported through Hormuz as long as US attacks continue
The Iranian Islamic Revolutionary Guards Corps (IRGC) said that no oil or gas will be exported through the Strait of Hormuz as long as US attacks continue, Tasnim news agency reported on Friday.Fxstreet
Fri, Jul 17
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