February 20, 2026 9:43 am
Key Moments Spot gold rose 0.4% to $5,017.85 per ounce and U.S. Gold Futures climbed 0.8% to $5,036.5 in Asian trade. The metal has been on track for a nearly 0.6% weekly decline despite a mid-week safe-haven bid tied to U.S.-Iran tensions. The U.S. Dollar Index has been set to gain over 1% this week, […]
Read moreFebruary 20, 2026 8:58 am
Spot Gold gained for a third straight trading day on Friday, but was on course for a weekly loss as the US Dollar held in proximity to a 1-month high. Geopolitical tensions between the US and Iran persisted, underpinning safe-haven assets. Yesterday US President Donald Trump warned Iran that it must secure a deal over […]
Read moreFebruary 20, 2026 7:56 am
Key Moments Crude oil prices have climbed to $72 per barrel, the highest level since early August. Rabobank’s Molly Schwartz points to heightened US-Iran tensions and increased US military presence in the region as key drivers of the move. The next 10 days are highlighted as critical for geopolitical risk premia in oil, amid uncertainty […]
Read moreFebruary 20, 2026 7:28 am
Key Moments Silver futures are fluctuating around the weekly mean near $79.28, which is acting as the key short-term pivot level. Holding above daily Buy-1 and Buy-2 supports between $76.15 and $74.67 keeps probabilities tilted toward mean reversion and tests of higher resistance. Time-cycle and Square-of-9 analysis highlight $84.50 and $91.65 as critical resistance zones […]
Read moreFebruary 19, 2026 3:21 pm
Key Moments European flat-rolled green steel premiums fell to €125 per tonne, down from €160 per tonne a year earlier, amid subdued traded volumes below 200,000 tonnes. Reduced-carbon flat steel premiums dropped by 50% in the past three months to just €25 per tonne, signaling a stronger buyer focus on cost rather than marginal emissions […]
Read moreFebruary 19, 2026 1:01 pm
Key Moments Brent Crude climbed above $71.50, marking a six-month high after back-to-back gains totaling more than 5.5%. WTI Crude advanced to $66.37 per barrel as traders reacted to rising fears of potential U.S. military action against Iran. A tightening Brent futures curve and weak demand for sanctioned barrels indicated a more constrained physical oil […]
Read moreFebruary 19, 2026 9:36 am
Spot Silver extended its pullback from a 1 1/2-week low of $71.98/oz. on Thursday, as lingering geopolitical tensions between the US and Iran underpinned safe-haven assets. There has been certain progress in the US-Iran talks this week, but distance on some issues has remained, the White House said. At the same time, Russian Foreign Minister […]
Read moreFebruary 19, 2026 9:26 am
Key Moments XAG/USD trades around $79.20, marking a second straight session of gains while staying between its nine-day and 50-day EMAs. A drop below the nine-day EMA at $78.95 could expose downside toward $64.08 and potentially $59.10. A daily close above the 50-day EMA at $79.26 may open the way toward the record high at […]
Read moreFebruary 19, 2026 8:57 am
Key Moments ICE Brent jumped 4.35% to settle above $70/bbl as concerns over potential US action against Iran intensified. European natural gas benchmark TTF climbed almost 5.6%, with traders focused on LNG transit risks through the Strait of Hormuz. London cocoa prices extended a nine-session slide, dropping 26% from recent levels to the lowest since […]
Read moreFebruary 19, 2026 8:45 am
Key Moments LME benchmark copper slipped 0.2% to $12,879.50 a metric ton after a 2.3% rally in the previous session. Copper inventories in LME-approved warehouses increased by 3,025 tons to 224,650 tons, the highest level since March 2025. DRC state miner Gecamines secured rights to market a significant portion of Kamoto Copper Company’s output under […]
Read more