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WTI remains volatile amid persistent geopolitical risks and supply disruptions
West Texas Intermediate (WTI) Crude Oil trims part of earlier gains and edges lower on Tuesday as traders struggle to extend the rally at elevated levels while continuing to assess geopolitical developments surrounding the US-Iran war and ongoing supply disruptions through the Strait of Hormuz.
Brent
WTI
Fxstreet
Tue, Mar 17
Silver slumps to $79 despite softer US Dollar, falling US yields
Silver prices retreated nearly 2% on Tuesday, even as the Greenback remained softer and US Treasury yields fell. Higher Crude Oil prices pressure the white metal. which is down 1.81% in the week, while risk appetite improves.
Silver
Fxstreet
Tue, Mar 17
Aluminium: Gulf cuts tighten supply outlook – ING
ING’s Commodities Strategist Ewa Manthey highlights that recent output cuts at Alba and Qatalum tighten the Aluminium supply outlook, with Gulf disruptions now affecting a notable share of regional production.
Fxstreet
Tue, Mar 17
Oil: Supply risks and reserves shape outlook – Commerzbank
Commerzbank’s Commodity Analyst Carsten Fritsch compares current Oil disruptions from the Strait of Hormuz blockade with the 1970s oil crises, highlighting record supply shortfalls and potential demand and supply adjustments over time.
Brent
Fxstreet
Tue, Mar 17
Gold: Debasement trade faces policy headwinds – TD Securities
TD Securities’ Senior Commodity Strategist Daniel Ghali warns Gold is increasingly exposed as US 2-year yields break their downtrend and the macro backdrop shifts.
Gold
Fxstreet
Tue, Mar 17
Gold trades flat as central bank decisions and global inflation risks weigh
Gold (XAU/USD) trades in a tight range on Tuesday as traders remain cautious and avoid large directional bets ahead of a heavy week of monetary policy announcements from major central banks. At the time of writing, XAU/USD trades virtually unchanged around $5,008, hovering near one-month lows.
Gold
Fxstreet
Tue, Mar 17
Gold: Fed caution and strong Dollar cap upside – Commerzbank
Commerzbank’s Commodity Analyst Carsten Fritsch notes that Gold has fallen about 5% since the Iran war began, struggling to act as a safe haven as a stronger Dollar and repriced Fed expectations weigh.
Gold
Fxstreet
Tue, Mar 17
Silver Price Forecast: XAG/USD trades with caution around $80.50 ahead of Fed’s policy
Silver price (XAG/USD) trades cautiously around $80.50 during the European trading session on Tuesday. The white metal wobbles in a tight range as investors shift focus to the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Silver
Fxstreet
Tue, Mar 17
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $80.62 per troy ounce, down 0.40% from the $80.94 it cost on Monday.
Silver
Fxstreet
Tue, Mar 17
Oil: Supply shock deepens as Hormuz flows collapse – Societe Generale
Societe Generale strategists Michael Haigh, Ben Hoff and Jeremy Sellem, highlights rapidly falling Oil flows through the Strait of Hormuz and accelerating shut‑ins.
Brent
Fxstreet
Tue, Mar 17
WTI Holds Gains Above $96.00 as the Strait of Hormuz Remains Largely Shut
West Texas Intermediate (WTI) Oil price recovers its recent losses registered in the previous session, trading around $96.10 per barrel during the European hours on Tuesday.
Brent
WTI
Fxstreet
Tue, Mar 17
Oil: Price swings ease as conflict risk reassessed – Deutsche Bank
Deutsche Bank analysts note that Brent Oil has stabilised after recent conflict-driven spikes, with prices briefly falling back towards $100 as hopes grew for resumed flows through the Strait of Hormuz.
Brent
Fxstreet
Tue, Mar 17
Oil: War risks and supply disruption – Rabobank
Rabobank’s Senior Global Strategist Michael Every argues escalating conflict involving Iran, Israel and regional actors is increasingly threatening Oil supply rather than just flows, with upstream fields now targeted.
Brent
Fxstreet
Tue, Mar 17
WTI Price Forecast: Retakes $95.00 amid supply concerns and bullish technical setup
West Texas Intermediate (WTI) Crude Oil prices regain some positive traction during the Asian session on Tuesday and recover a part of the previous day's retracement slide from the vicinity of the $100.00 psychological mark.
Brent
WTI
Fxstreet
Tue, Mar 17
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold
Fxstreet
Tue, Mar 17
Gold rises on Middle East tensions; inflation fears temper rate cut bets and cap gains
Gold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks follow-through and remains close to an over three-week low, touched the previous day.
Gold
Fxstreet
Tue, Mar 17
US-Iran-Israel Tensions, International Crude Oil Prices Surge in Early Trading
TradingKey - At 8:30 AM Beijing Time, international crude oil prices surged, with WTI crude futures breaking above $95 per barrel and Brent crude futures climbing to $102 per barrel. Intraday gains expanded to 1.4%, as geopolitical tensions served as the primary driver for the upward movement in oil prices.
WTI
TradingKey
Tue, Mar 17
WTI rises above $94.00 as Middle East turmoil escalates
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $94.20 during the early Asian trading hours on Tuesday. The WTI price rises as the Iran war shows no signs of ending soon.
Brent
WTI
Fxstreet
Tue, Mar 17
Iranian Foreign Minister denies report of direct communication with US envoy Witkoff
Iran’s Foreign Minister, Abbas Araghchi, on Monday said his last contact with US envoy Steve Witkoff occurred before the US military strike on Iran on February 28.
Brent
WTI
Fxstreet
Mon, Mar 16
Gold drifts lower to near $5,000 as Fed rate-cut hopes fade
Gold price (XAU/USD) trades with mild losses near $5,000 during the early Asian session on Tuesday. The precious metal extends the decline as hopes fade for the US Federal Reserve (Fed) to lower interest rates this year. All eyes will be on the Fed interest rate decision later on Wednesday.
Gold
Fxstreet
Mon, Mar 16
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