February 4, 2026 9:34 am
Key Moments Silver (XAG/USD) trades about 6% higher near $90.50 during Wednesday’s European session amid renewed US-Iran tensions. The metal bounced after a drop of more than 30% from its record high of $121.61, pressured by expectations around Kevin Warsh succeeding Jerome Powell at the Fed. XAG/USD remains below the 20-day EMA at $91.66, with […]
Read moreFebruary 4, 2026 7:22 am
Key Moments Brent April futures rose 1.2% to $68.15 per barrel, while WTI gained 1.4% to $63.69 per barrel by 21:01 ET (02:01 GMT). Meanwhile, reports of U.S.-Iran incidents near major shipping routes increased fears of Middle East supply disruptions ahead of nuclear talks. Additionally, API data showed U.S. crude inventories fell by 11.1 million […]
Read moreFebruary 3, 2026 2:45 pm
Key Moments March natural gas futures are trading at $3.290, modestly higher after a sharp weather-driven selloff pushed prices below $4.00. Meanwhile, U.S. natural gas output has recovered to 111.6 bcf/day as warmer temperatures ease freeze-offs. Production could approach a record high. Futures have slipped beneath both the 50-day and 200-day moving averages. These technical […]
Read moreFebruary 3, 2026 10:50 am
Key Moments Spot gold climbed 5.1 percent to $4,897.40 an ounce in Asian trading following a steep prior sell-off U.S. gold futures advanced 5.6 percent to $4,913.81 even as the dollar strengthened The U.S. Bureau of Labor Statistics reported delays to the December JOLTs data and the January Jobs Report due to a partial government […]
Read moreFebruary 3, 2026 10:00 am
Key Moments Copper (HG=F) climbed as much as 2% to $13,148.50 a ton on the London Metal Exchange after an 11% slide from a record high to Monday’s close. Chinese investors and industrial users stepped back into the market, buying on weakness and replenishing inventories ahead of the Lunar New Year holiday. The LME copper […]
Read moreFebruary 3, 2026 9:11 am
Key Moments XAG/USD trades at $87.05 after recovering from one-month lows just under $72.00.
Read moreFebruary 3, 2026 7:22 am
Key Moments Brent crude traded at $65.96 per barrel, while U.S. WTI stood at $61.81 by 0623 GMT, with both down 0.5%. Meanwhile, oil extended Monday’s sharp slide of more than 4% after U.S. President Donald Trump said Iran was “seriously talking” with Washington. Additionally, a stronger U.S. dollar, trade news involving India, and Russian […]
Read moreFebruary 2, 2026 2:32 pm
Key Moments U.S. President Donald Trump is reported to be preparing a $12 billion strategic stockpile for critical minerals under an initiative called Project Vault. The structure reportedly combines $1.67 billion in private capital with a $10 billion loan from the U.S. Export-Import Bank, pending board approval. More than a dozen major corporations, including General […]
Read moreFebruary 2, 2026 2:00 pm
Key Moments Deutsche Bank Research Analyst Michael Hsueh maintains a $6,000 per ounce target for Gold despite recent price corrections. The bank views the recent adjustment in precious metal prices as excessive relative to underlying catalysts and not reflective of weaker investor intentions. Stronger investment flows from China, including a rise in SGE premiums, are […]
Read moreFebruary 2, 2026 10:40 am
Key Moments Natural gas futures have hovered near a critical support zone since late December 2025, with cold risks into mid-February limiting upside. Restricted gas supplies to U.S. power plants contributed to generator outages and higher spot prices, according to PJM. Ukraine also faces mounting energy strains amid a harsh winter. February futures expired on […]
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