April 7, 2026 9:54 am
Key Moments XAG/USD traded at $72.88 per troy ounce on Tuesday, up from $72.79 on Monday. Silver prices have advanced 2.52% since the start of the year. The Gold/Silver ratio rose to 64.29 on Tuesday from 63.87 on Monday. Spot Silver Performance Silver prices (XAG/USD) moved modestly higher on Tuesday, according to FXStreet data. The […]
Read moreApril 7, 2026 9:41 am
Key Moments ING analysts report that central banks significantly increased Gold purchases in February after a quieter January. Net buying was driven by Poland, with ongoing accumulation from China, the Czech Republic, and other central banks. Analysts say this official-sector demand, coupled with geopolitical risks and reserve diversification, helps cushion Gold prices during market volatility. […]
Read moreApril 7, 2026 9:21 am
Key Moments Two Indian LPG carriers have exited the Gulf; a third is en route to India. A new dual-corridor transit system in the Strait of Hormuz combines Iranian navy oversight with a southern route along Oman. Iran introduced exemptions for Iraqi-linked vessels, affecting tanker traffic patterns. Indian LPG Carriers Progress Safely Out of the […]
Read moreApril 7, 2026 9:02 am
Key Moments SolarPower Europe estimates solar generation has saved Europe more than €100 million per day since 1 March, totaling over €3 billion. Ember reports that solar projects now require less upfront capital than fossil fuel alternatives, reversing the situation from a decade ago. Around half of Climate Vulnerable Forum nations, by electricity demand, have […]
Read moreApril 7, 2026 7:13 am
Key Moments Brent crude trades at 111 USD/bbl as markets weigh potential disruptions to global energy supply. Danske Bank raises its inflation trajectory, citing expectations of prolonged constraints through the Strait of Hormuz. Emerging bilateral deals, especially between Asian economies and Iran, are enabling some oil flows via alternative channels. Market Focus Remains on Middle […]
Read moreApril 7, 2026 7:05 am
Spot Gold held mostly steady on Tuesday, but remained under pressure by a firmer US Dollar amid uncertainty over a Middle East peace truce. Yet, ceasefire hopes seemed offset by risks of further escalation. A firmer dollar makes dollar-priced Gold less appealing to international investors holding other currencies. US President Donald Trump said the ceasefire […]
Read moreApril 7, 2026 6:40 am
Key Moments: WTI trades just below the mid-$105.00s in Asian hours, gaining over 1.5%. Traders focus on fading US-Iran ceasefire hopes and rising military risks. Meanwhile, the 100-period EMA, MACD, and RSI support a near-term bullish view. Geopolitical Tension Supports WTI Rally West Texas Intermediate (WTI), the US Crude Oil benchmark, attracts fresh buying during […]
Read moreApril 6, 2026 2:23 pm
Key Moments Brent crude has fallen back from recent highs near USD119/bbl, but OCBC strategists believe geopolitical risk remains elevated. OCBC’s base case projects Brent easing to a USD85–70 range over the next 6–12 months, despite ongoing supply concerns. Tension around the Strait of Hormuz is viewed as “controlled disruption” rather than a resolution, with […]
Read moreApril 6, 2026 2:13 pm
Key Moments U.S. natural gas prices stayed near recent levels even as Europe and Asia LNG benchmarks climbed roughly 70%. Limited U.S. liquefaction capacity kept domestic gas pricing anchored to local supply-demand dynamics rather than global LNG strength. Working gas in storage reached 1,865 Bcf, standing 96 Bcf above last year and 54 Bcf above […]
Read moreApril 6, 2026 1:00 pm
Key Moments XAU/USD trades near $4,691 after rebounding from an intraday low around $4,600 as the US Dollar weakens. Reports of US-Iran ceasefire talks and plans to reopen the Strait of Hormuz improve sentiment and ease oil prices. Gold holds above the 100-day SMA at 4,654, while RSI and MACD signal improving momentum. Gold Firms […]
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