March 13, 2025 8:18 am
Key moments WTI crude oil price rises to $67.50 in early Asian trading, indicating upward momentum. US crude oil stockpiles increase by 1.448 million barrels, according to the EIA, less than anticipated. Fears are escalating regarding a possible US economic deceleration and the repercussions of the newly implemented tariffs./li> US Crude Benchmark Reaches $67.50 Amid […]
Read moreMarch 13, 2025 7:59 am
Key moments Spot Gold holds near highs last seen on February 25th Cooler US CPI inflation adds to case for future rate cuts Gold may test immediate resistance at $3,000 – analyst Spot Gold traded in proximity to a two-week high on Thursday amid continuing tariff uncertainty, while US inflation eased more than expected last […]
Read moreMarch 12, 2025 2:16 pm
Key moments U.S. natural gas futures fell below $4.200, reversing a prior surge to $4.901. Warmer-than-average temperature forecasts have dampened heating demand expectations, driving this significant price correction. While short-term demand is weak, projected inventory levels are 10% below the five-year average by summer, and restrained rig activity suggests potential long-term price support. Natural Gas […]
Read moreMarch 12, 2025 10:44 am
Key moments Aluminum futures rose to $2,710 on Wednesday. The surge followed a brief drop to $2,690. U.S. trade disputes continue to escalate, with China announcing retaliation plans. Aluminum Surges As Trade Tensions Continue Wednesday saw aluminum futures surge, breaching $2,710. This increase occurred amidst a confluence of factors, notably the tightening of supply from […]
Read moreMarch 12, 2025 10:09 am
Key moments Spot Silver trades near three-week peak on safe haven demand US President Trump reverses course on a pledge to increase tariffs on Canadian steel and aluminum to 50% US CPI report now eyed for clues on Fed rate cut path Spot Silver scaled a fresh three-week peak of $33.08 per troy ounce on […]
Read moreMarch 12, 2025 9:54 am
Key moments Silver price (XAG/USD) trades near $33.00, fluctuating after recent gains. Technical indicators suggest a weakening bullish bias, yet short-term momentum remains positive. Key resistance identified at the four-month high of $33.40, with support at $32.41. Key Levels: $33.40 Resistance, $32.41 Support, Bullish RSI Above 50 The silver price (XAG/USD) is experiencing a period […]
Read more