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Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $80.29 per troy ounce, up 2.44% from the $78.38 it cost on Thursday.
Silver
Fxstreet
Fri, May 8
Oil: Volatile swings on war headlines – Rabobank
Rabobank’s Senior Economist Maartje Wijffelaars highlights extreme volatility in Oil, with Brent dropping to $93 per barrel before spiking above $102 as shifting war headlines from Washington drive sentiment.
Brent
Fxstreet
Fri, May 8
WTI Price Forecast: 20-day EMA acts as key barrier
West Texas Intermediate (WTI), futures on NYMEX, is down 2.5% to near $92.20 during the European trading session on Friday.
Brent
WTI
Fxstreet
Fri, May 8
Silver Price Forecast: XAG/USD jumps to near $80.50 ahead of US NFP data
Silver price (XAG/USD) is up 2.6% to near $80.50 during the early European trading session on Friday.
Silver
Fxstreet
Fri, May 8
WTI Retreats Below $92.50 on US-Iran Ceasefire Optimism Despite Ongoing Strikes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.45 during the early European trading hours on Friday. The WTI price attracts some sellers on optimism over a possible deal to end the war with Iran.
Brent
WTI
Fxstreet
Fri, May 8
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Fri, May 8
Gold holds above $4,700, close to two-week top as USD bulls seem hesitant ahead of US NFP
Gold (XAU/USD) attracts fresh buyers following the previous day's pullback from over a two-week high and advances to the $4,732-$4,733 area during the Asian session on Friday. Despite renewed hostilities in the Strait of Hormuz, investors seem hopeful over a potential US-Iran peace deal.
Gold
Fxstreet
Fri, May 8
US President Donald Trump says truce with Iran still 'in effect’
US President Donald Trump said that a ceasefire with Iran is still in place despite fresh military clashes in and around the Strait of Hormuz, warning that it would be obvious if the ceasefire were over, CNN reported on Thursday.
Brent
Fxstreet
Fri, May 8
US military attacks Iranian sites but says it does not seek escalation
US Central Command said Thursday that US forces targeted Iranian military facilities responsible for launching attacks against warships transiting the Strait of Hormuz, CNN reported.
Brent
WTI
Fxstreet
Thu, May 7
Gold holds steady below $4,700 as traders eye US jobs report, potential US-Iran peace deal
Gold price (XAU/USD) holds steady near $4,685 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the key US employment data for April, which is due later in the day.
Gold
Fxstreet
Thu, May 7
Gold holds above $4,700 as Hormuz tensions revive USD demand
Gold (XAU/USD) edges higher on Thursday during the North American session amid heightened tensions in the Middle East due to rumors that the US is looking to restart Project Freedom. At the time of writing, XAU/USD trades at $4,705 after reaching a daily high of $4,764.
Gold
Fxstreet
Thu, May 7
Silver Price Forecast: XAG/USD tests upper Bollinger Band while momentum remains subdued
Silver (XAG/USD) trims part of its earlier gains on Thursday as geopolitical headlines from the Middle East continue to stir volatility across financial markets.
Silver
Brent
Fxstreet
Thu, May 7
Crude Oil claws back as Hormuz blockade outlasts deal hopes
Crude Oil markets staged a sharp intraday reversal on Thursday, with WTI futures briefly tagging lows below $90 a barrel before clawing back above $93, while Brent slid toward $95 before recovering to reclaim the $100 handle.
Brent
WTI
Fxstreet
Thu, May 7
Silver price rallies to multi-week highs as Oil slump, softer Dollar lift XAG/USD
Silver (XAG/USD) extends its strong rally on Thursday, with the white metal trading around $80.60 at the time of writing, up 4.19% on the day. XAG/USD is reaching fresh multi-week highs, supported by lower Oil prices, declining US Treasury yields and broad weakness in the US Dollar (USD).
Silver
Fxstreet
Thu, May 7
Fed: Higher-for-longer stance weighs on Gold – TD Securities
TD Securities strategist Bart Melek notes that the latest FOMC decision and the Iran-related Oil shock are pushing the Fed toward a neutral or even restrictive bias, delaying any rate cuts.
Gold
Fxstreet
Thu, May 7
Oil: Supply shock sustains inflation risk – TD Securities
TD Securities strategist Bart Melek highlights that the Strait of Hormuz disruption has removed 9–10 million bbl/d from the market, keeping Brent near $100/bbl and potentially pushing it above $150/bbl.
Brent
Fxstreet
Thu, May 7
Gold holds near two-week highs as US-Iran deal hopes weigh on US Dollar
Gold (XAU/USD) holds firm on Thursday, hovering near two-week highs as price action remains driven by geopolitical headlines, with traders awaiting further clarity around a possible peace deal between the United States (US) and Iran.
Gold
Brent
Fxstreet
Thu, May 7
Copper: Geopolitics and demand tensions shape outlook – ING
ING’s Ewa Manthey and Warren Patterson note that industrial metals, including Copper, rallied on Wednesday as progress towards a US-Iran deal improved risk appetite and eased fears of an energy shock, before paring gains on Thursday.
Copper
Fxstreet
Thu, May 7
Gold: Pullback before potential $5,200 breakout – TD Securities
TD Securities strategist Bart Melek argues that Gold’s recent decline reflects the Iran-driven Oil shock, higher inflation expectations and a firmer US Dollar, which are keeping Fed policy tighter for longer.
Gold
Fxstreet
Thu, May 7
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $79.78 per troy ounce, up 3.13% from the $77.35 it cost on Wednesday.
Silver
Fxstreet
Thu, May 7
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