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Gold retreats sharply from two-week top/$4,800 as Trump’s Iran comments boost USD
Gold (XAU/USD) witnessed an intraday turnaround from the $4,800 mark, or a fresh two-week high set earlier this Thursday, and for now, seems to have snapped a four-day winning streak amid resurgent US Dollar (USD) demand.
Gold
Fxstreet
Thu, Apr 2
WTI Rallies Back Closer to $99.00 as Trump’s Comments Dampen Iran De-escalation Hopes
West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway.
Brent
WTI
Fxstreet
Thu, Apr 2
Trump Speech Triggers Sharp Short-Term Gold Volatility, Erasing Over $100 Intraday
TradingKey - During the early Asian session on Thursday (April 2), sentiment in the gold market reversed sharply as U.S. President Trump began delivering a national address regarding the situation in Iran. Previously, bolstered by a weakening U.S. dollar, spot gold had climbed for the fourth consecu
Gold
TradingKey
Thu, Apr 2
Gold rises on softer US Dollar, traders await Trump's address on Iran war
Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.
Gold
Fxstreet
Wed, Apr 1
Gold nears $4,800 as fading Dollar lifts bullion for fourth consecutive day
Gold (XAU/USD) price rallies for a fourth straight day on Wednesday, hitting a two-week high near $4,800 as the Greenback depreciates amid growing speculation of an end to the Middle East conflict. At the time of writing, the XAU/USD pair trades at $4,758, up nearly 2%.
Gold
Fxstreet
Wed, Apr 1
United States EIA Crude Oil Stocks Change registered at 5.451M above expectations (2M) in March 27
United States EIA Crude Oil Stocks Change registered at 5.451M above expectations (2M) in March 27
Brent
Fxstreet
Wed, Apr 1
Silver stabilizes as Iran de-escalation hopes temper safe-haven flows
Silver (XAG/USD) trades around $75.00 on Wednesday, edging slightly lower at the time of writing, as the precious metal pauses after a strong three-day recovery.
Silver
Fxstreet
Wed, Apr 1
Copper: Chile output slump and mine cuts – ING
ING analysts Ewa Manthey and Warren Patterson highlight tightening conditions in Copper, as Chile posts its lowest monthly output in almost nine years and Ivanhoe cuts production guidance at Kamoa‑Kakula.
Copper
Fxstreet
Wed, Apr 1
Oil: War risk keeps prices elevated – Rabobank
RaboBank's Global Strategist Michael Every highlights that Gulf War 3 and the closure of the Strait of Hormuz have pushed Oil prices about 60% above pre-war levels, with specific products like diesel and jet fuel particularly affected in Asia.
Brent
Fxstreet
Wed, Apr 1
Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focus
Gold (XAU/USD) appreciates for the fourth consecutive day on Thursday. The US Dollar (USD) tumbles as hopes of a quick end to the Iran war have improved risk appetite and triggered significant pullbacks in US Treasury yields.
Gold
Fxstreet
Wed, Apr 1
Oil: Prices retreat on de-escalation hopes – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights a sharp pullback in Brent and WTI as markets price a possible end to the Iran conflict within weeks, even as the Strait of Hormuz remains effectively closed.
Brent
WTI
Fxstreet
Wed, Apr 1
WTI pares half of early losses, recovers to near $96 as oil supply risks remain intact
West Texas Intermediate (WTI), futures on NYMEX, claws back half of its early losses during the European trading session on Wednesday. Still, the oil price is down 1.5% to near $96.00.
Brent
WTI
Fxstreet
Wed, Apr 1
Gold extends gains near two-week highs amid optimism over US–Iran war
Gold (XAU/USD) edges higher on Wednesday, building on the previous day's solid gains as optimism grows that the US-Israel war with Iran could end soon. At the time of writing, XAU/USD is trading around $4,748, its highest level in nearly two weeks.
Gold
Fxstreet
Wed, Apr 1
IEA’s Birol: This crisis is worse than the two in the 1970s and Russia-related in 2022 put together
International Energy Agency chief Fatih Birol said during European trading hours on Wednesday that the ongoing oil supply crisis is worse than the two in the 1970s and Russia-related in 2022 put together.
Brent
WTI
Fxstreet
Wed, Apr 1
Gold: Diversification role strengthens with safe-haven demand – HSBC
HSBC’s Willem Sels and Lucia Ku reiterate a constructive six‑month view on Gold, keeping an Overweight stance. They argue recent headwinds should be short-lived, with fundamentals still supportive.
Gold
Fxstreet
Wed, Apr 1
Energy: Oil and Gas prices fall on Iran war optimism – ING
ING analysts Ewa Manthey and Warren Patterson note that Oil prices, including Brent and WTI, have dropped below $100 as US President Trump signalled a possible end to the war with Iran.
Brent
WTI
Fxstreet
Wed, Apr 1
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $74.48 per troy ounce, down 0.88% from the $75.14 it cost on Tuesday.
Silver
Fxstreet
Wed, Apr 1
Gold: Extends gains but remains vulnerable – ING
ING’s Ewa Manthey and Warren Patterson report that Gold has extended gains for a third session, with spot prices moving above $4,700/oz as hopes grow that war in the Middle East could end within weeks.
Gold
Fxstreet
Wed, Apr 1
WTI Price Analysis: Middle East war de-escalation restricts oil rally around $103.40
West Texas Intermediate (WTI), futures on NYMEX, is down 0.8% to near $96.60 in the early European trade on Wednesday. The oil price extends its correction from the three-week high of 103.33 posted on Tuesday on hopes of a ceasefire in the Middle East war.
Brent
WTI
Fxstreet
Wed, Apr 1
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold
Fxstreet
Wed, Apr 1
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