May 13, 2026 7:03 am
Spot Gold extended its slide on Wednesday after the latest US inflation figures dampened hopes of Federal Reserve interest rate cuts. Uncertainty in the Middle East also weighed on the metal. The backdrop in the region remains unsettled following recent remarks by US President Donald Trump, who stated that Iran was “under control”, but warned […]
Read moreMay 13, 2026 6:08 am
Key Moments XAG/USD has risen for six consecutive sessions, trading near $86.80 per troy ounce during Asian hours on Wednesday. Persistent tensions around the Strait of Hormuz and elevated oil prices threaten to lift inflation and pressure Silver as a non-yielding asset. Stronger April CPI data at 0.6% month-on-month and 3.8% year-on-year has reinforced expectations […]
Read moreMay 12, 2026 2:26 pm
Key Moments The latest Monthly Energy Review from the EIA reported that total U.S. energy production in 2025 rose 3.4% from the prior record set in 2024. U.S. crude oil output reached an all-time high of 13.6 million barrels per day, a 3% increase compared with a year earlier. Persistent strength in U.S. production coincides […]
Read moreMay 12, 2026 1:48 pm
Key Moments Aluminum trades above $3,500/t. Analysts now see $4,000/t on the horizon as a 1.4Mt deficit builds. The Iran war and the Strait of Hormuz closure have cut exports. As a result, global supply has tightened. Speakers at the summit said priorities are shifting. Security of supply now matters as much as decarbonization. Supply […]
Read moreMay 12, 2026 11:00 am
Spot Silver pulled back from a 2-month high on Tuesday, as market players continued to weigh situation in the Middle East ahead of the US CPI data. Fresh negative developments around the Middle East conflict have reduced hopes for a US-Iran peace agreement and bolstered demand for the US Dollar as a reserve asset. A […]
Read moreMay 12, 2026 9:13 am
Key Moments China’s 30-day moving average of LNG imports has climbed to its highest level since late February, according to shipping data cited by Bloomberg. Imports had previously plunged in April to their lowest level in eight years, with Kpler estimating an average of 3.5 million tons – a 30% year-on-year decline and the weakest […]
Read moreMay 12, 2026 8:49 am
Key Moments Brent crude rose to $106.21 and U.S. WTI advanced to $100.38, with both benchmarks building on gains of nearly 2.8% from the previous session. Hopes for a ceasefire in the U.S.-Israeli war on Iran faded amid sharp differences between Tehran and Washington over key conditions. Analysts warned that any renewed escalation or blockade […]
Read moreMay 12, 2026 8:10 am
Key Moments WTI extends gains for a second day. It trades near $95.80 in Asian hours on Tuesday. Tensions in the Middle East are rising. As a result, concerns over the Strait of Hormuz are increasing. A Reuters survey shows OPEC output fell in April. It reached its lowest level in over 20 years due […]
Read moreMay 12, 2026 6:57 am
Spot Gold dropped more than 0.5% on Tuesday, reversing gains from the prior trading day, as market players continued to weigh situation in the Middle East ahead of the US CPI data. Fresh negative developments around the Middle East conflict have reduced hopes for a US-Iran peace agreement and bolstered demand for the US Dollar […]
Read moreMay 12, 2026 6:23 am
Key Moments XAG/USD trades near $86.50 during Asian hours and extends its week-long rally. Markets now await April US CPI data. Analysts expect headline inflation to rise to 3.7% YoY from 3.3%. Investors also watch the planned May 13-15 meeting between US President Donald Trump and Chinese leader Xi Jinping. Macro Drivers Keep Silver Near […]
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