May 23, 2025 8:40 am
Spot Silver rose on Friday and headed for its largest weekly advance since early April amid lingering investor concerns over the US fiscal outlook that drove demand for safe-haven metals. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill pass, […]
Read moreMay 23, 2025 6:56 am
Spot Gold rose over 1% on Friday, holding in proximity to a 2-week peak of $3,345.45, and headed for a weekly gain amid lingering investor concerns over the US fiscal outlook. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill […]
Read moreMay 22, 2025 2:13 pm
Key Moments: US natural gas futures dropped by over 2% today as output remained higher than expected and LNG feed gas demand dipped. Gas inventories stood about 4% above the five-year seasonal average. May’s LNG feed gas flows hit 15.1 bcfd, a decline from April’s peak of 16.0 bcfd due to maintenance at export plants. […]
Read moreMay 22, 2025 9:18 am
Spot Silver rose to a fresh 1-month high of $33.70 per troy ounce on Thursday, as investor concerns over US fiscal outlook mounted, pressuring the US Dollar and driving demand for safe-haven metals. The US Dollar Index was hovering above a 2-week trough, being last down 0.10% to 99.605. A weaker dollar makes dollar-priced Silver […]
Read moreMay 22, 2025 7:48 am
Key Moments: Brent crude futures declined below $64 on Thursday. WTI also lost ground, with its contracts hitting $60.69. An unexpected 1.3 million barrels were added to US crude inventories last week. Oil Craters on Major US Stock Build Crude oil futures plummeted on Thursday, weighed down by a notable rise in US crude and […]
Read moreMay 22, 2025 7:08 am
Spot Gold extended gains to a fresh 2-week peak of $3,345.45 on Thursday, as investor concerns over US government’s growing debt continued to heighten. The US Dollar Index was hovering above a 2-week trough, being last down 0.18% to 99.508. A weaker dollar makes dollar-priced Gold more appealing to international investors holding other currencies. Yesterday […]
Read moreMay 21, 2025 1:43 pm
Key Moments: Platinum futures climbed to $1,072 t.oz., marking their highest level in 51 weeks. Chinese platinum imports in April reached a 12-month peak of 11.5 metric tonnes. Shenzhen-based Shuibei saw platinum retail outlets increase by 300% in a single month. Breakout Above $1,000 as Bullish Momentum Builds Platinum futures surged beyond the key $1,000 […]
Read moreMay 21, 2025 10:39 am
Key Moments: WTI futures rose 1.23% to $62.79 per barrel on Wednesday. The Brent benchmark, meanwhile, gained 1.12% and reached $66.11 per barrel The spike followed reports of possible Israeli military action against Iran. Oil Markets React to Geopolitical Risks Crude oil benchmarks moved higher on Wednesday following a CNN report citing newly acquired US […]
Read moreMay 21, 2025 9:37 am
Spot Silver scaled a fresh 1-week high of $33.20 per troy ounce on Wednesday on the back of a weaker US Dollar and amid US fiscal uncertainty. The US Dollar Index was last down 0.29% to 99.724, after earlier sliding to its lowest level since May 7th (99.423). A weaker dollar makes dollar-priced Silver more […]
Read moreMay 21, 2025 7:04 am
Spot Gold advanced to a fresh 1 1/2-week high of $3,320.42 on Wednesday on the back of a weaker US Dollar and amid US fiscal uncertainty. The US Dollar Index was last down 0.57% to 99.442, after earlier sliding to its lowest level since May 7th (99.423). A weaker dollar makes dollar-priced Gold more appealing […]
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