June 4, 2025 1:13 pm
Key Moments: Spot gold edged 0.2% higher to around $3,360 during Wednesday’s trading session. US job openings increased in April while layoffs reached a nine-month high. This week’s US non-farm payrolls report is poised to shed more light on the Federal Reserve’s potential direction for interest rate adjustments. Markets Balanced Between Economic Indicators and Geopolitical […]
Read moreJune 4, 2025 12:46 pm
Key Moments: Chicago Board of Trade (CBOT) agriculture futures rose on Wednesday, with the corn benchmark in particular jumping by almost 1.4%. Market sentiment was affected by increased tensions between Ukraine and Russia, along with expectations of improved export opportunities. Favorable weather conditions in the US continued to exert pressure on grain price movements. Markets […]
Read moreJune 3, 2025 2:04 pm
Key Moments: WTI and Brent crude futures have advanced 0.88% and 0.84%, respectively. Production cuts totaling 274,500 barrels per day reported from Canadian operators due to wildfires OPEC+ moved forward with an additional 411,000-barrels-per-day output hike for July. Supply Pressures Boost Energy Markets Oil prices extended gains early Tuesday, supported by mounting supply constraints and […]
Read moreJune 3, 2025 7:35 am
Spot Gold held in proximity to a fresh 1-month high of $3,392.30 per troy ounce on Tuesday, as escalating trade and geopolitical tensions kept safe-haven assets underpinned. US President Donald Trump threatened to double existing tariffs on imports of steel and aluminum from 25% to 50%, taking effect on June 4th, reigniting tensions with trade […]
Read moreJune 2, 2025 10:04 am
Spot Silver scaled a 1 1/2-week high of $33.57 on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the white metal. The US Dollar Index was last down 0.71% to 98.740. A weaker US Dollar makes dollar-priced Silver […]
Read moreJune 2, 2025 7:16 am
Spot Gold rose more than 1.5% on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the yellow metal. The US Dollar Index was last down 0.51% to 98.940. A weaker dollar makes dollar-priced Gold more appealing to international […]
Read moreMay 30, 2025 12:56 pm
Key Moments: WTI futures rose 1.12% on Friday, while Brent contracts hit $64. Ongoing OPEC+ production increases and trade uncertainty continue to pressure market outlook, and Brent crude’s forecast for 2025 now stands at $66.98 per barrel. WTI is expected to trade $1.73 lower than previous estimates and hit $63.35 per barrel. Global crude oil […]
Read moreMay 30, 2025 8:26 am
Spot Silver held just above the $33.00 mark on Friday and was on track to register a weekly loss ahead of the release of US PCE inflation figures later in the day. Yesterday the white metal rebounded from a 1-week low of $32.69, after a US federal appeals court issued a temporary halt to a […]
Read moreMay 30, 2025 6:29 am
Spot Gold held in proximity to the $3,300 mark on Friday and looked set to register a weekly loss with US PCE inflation figures now in sight. Yesterday the yellow metal rebounded from a 1-week low of $3,245.56, after a federal appeals court allowed the Trump administration’s sweeping tariffs to temporarily remain in effect. A […]
Read moreMay 29, 2025 10:16 am
Key Moments: Crude oil futures climbed after a US court ruling challenged most of President Trump’s tariff policies. Brent contracts rose 1.24%, and WTI futures rallied by 1.37%. US crude inventories dropped by 4.236 million barrels last week, according to API data. Oil Advances on Legal Setback for US Tariffs Crude oil futures rose sharply […]
Read more