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Silver Pushes Higher as XAG/USD Nears $100

January 23, 2026 8:30 am
Key Moments Silver hit a new peak of $99.39 per ounce, with XAG/USD near $99.10 in Asian trade on Friday. XAG/USD stays above the rising nine-day EMA at $92.42, while the 50-day EMA at $73.14 supports the medium-term trend. The 14-day RSI sits at 74.66, in overbought territory, signaling stretched momentum and the risk of […] Read more

Gold sets fresh record, eyes best week since March 2020

January 23, 2026 8:12 am
Spot Gold set a fresh record high above $4,960/oz. on Friday and was on course for its sharpest weekly advance since March 2020, after US President Donald Trump said a US naval “armada” was on its way toward Iran. This re-ignited geopolitical concerns and bolstered demand for safe-haven assets. Speaking aboard Air Force One on […] Read more

Oil Rallies as Trump Flags U.S. Naval Move Near Iran

January 23, 2026 7:45 am
Key Moments Brent March futures rose 0.9% to $64.62 a barrel, while WTI gained 0.9% to $59.89 in Asian trading. President Donald Trump warned that a U.S. naval “armada” was moving toward Iran, raising fears of supply disruptions. Crude prices remained on track for a fifth straight weekly gain, supported by stronger demand hopes and […] Read more

Gold Surges to New Record on Geopolitical Tensions

January 23, 2026 7:14 am
Key Moments Spot gold hit a record $4,967.48 per ounce in Asian trading. Futures briefly moved above that level. Silver and platinum also touched record highs. Spot silver neared $100, while platinum climbed toward $2,700 per ounce. Safe-haven demand strengthened after President Donald Trump said a U.S. naval “armada” was heading toward Iran. Gold Advances […] Read more

UBS Raises Platinum Outlook as Investment Demand Surges

January 22, 2026 2:21 pm
Key Moments UBS now sees platinum reaching $2,500 per ounce after prices doubled in seven months to record highs. The bank attributes the rally mainly to strong investment demand and tight physical supply. UBS warns that platinum’s small market size could keep price volatility elevated. UBS Boosts Platinum Price Target UBS has raised its platinum […] Read more

Rubber Prices Slip on Strong Ringgit, Oil Moves

January 22, 2026 10:43 am
Key Moments The Kuala Lumpur rubber market closed lower on Thursday amid mixed regional futures. Sentiment weakened as crude oil prices moved unevenly and the ringgit strengthened versus the dollar. SMR 20 slipped to 742.5 sen per kg at 3 pm, while latex-in-bulk held at 576 sen. Market Overview By Fatin Umairah Abdul Hamid The […] Read more

Silver Rally Extends as XAG/USD Nears Record High

January 22, 2026 8:42 am
Key Moments Silver trades near $94.20 per troy ounce after rebounding from two days of losses. XAG/USD stays above the rising nine-day and 50-day EMAs, keeping the bullish trend intact. The 14-day RSI sits at 70.99, suggesting overbought conditions and a possible pullback. Price Action and Technical Structure Silver (XAG/USD) has recovered after two days […] Read more

WTI Firm as Geopolitics Improve, Supply Glut Persists

January 22, 2026 8:19 am
Key Moments WTI trades near $60.60 in early European hours on Thursday, holding above $60.50. US President Donald Trump said he would delay tariffs on Europe over Greenland, boosting risk sentiment. However, oversupply worries remain as the IEA expects supply to exceed demand, and US crude inventories rose about 3 million barrels. Price Action and […] Read more

Gold eases from record high as US backs away from EU tariff threats

January 22, 2026 8:02 am
Spot Gold pulled back from a record high of $4,887.82/oz. on Thursday, as geopolitical tensions eased after US President Donald Trump backed away from threats to impose tariffs as leverage to take control of Greenland. Trump also ruled out the use of force and said a “framework of a future deal” over Greenland had been […] Read more

Freezing Weather Triggers Sharp Rally in Global Gas Markets

January 22, 2026 7:40 am
Key Moments Front-month Henry Hub futures jumped 25% yesterday. As a result, prices are up more than 50% this week amid a severe U.S. cold spell. U.S. natural gas storage stood at 3.19Tcf as of 9 January. This is 1% above last year and 3.4% above the five-year average. Meanwhile, European TTF prices rose over […] Read more