March 18, 2026 9:24 am
Key Moments Gold has been confined to a tight trading band as the US‑Israeli conflict with Iran extends into a third week. A stronger US Dollar and rising real yields are counterbalancing safe-haven flows linked to Middle East tensions. ING strategists remain positive on gold over the medium term, but highlight downside risks from a […]
Read moreMarch 18, 2026 8:07 am
Key Moments XAG/USD trades around $79.90 in early European dealings on Wednesday, supported by safe-haven demand. Technical signals point to a mildly bearish near-term bias, with RSI below 50 and price back inside the Bollinger envelope. Key technical levels: support at $79.00 and $73.50, with resistance at $83.00 and $88.00 ahead of the $90.00 zone. […]
Read moreMarch 18, 2026 7:08 am
Key Moments WTI trades below $93.00, falling more than 2.5% and hovering near Monday’s weekly low. US crude inventories rose by 6.56 million barrels in the week ending March 13, which adds pressure on prices. Meanwhile, the escalating conflict involving the US, Israel, and Iran keeps geopolitical risks elevated after the closure of the Strait […]
Read moreMarch 17, 2026 2:11 pm
Key Moments Spot gold rose 0.6% to $5,035.62/oz and gold futures gained 0.8% to $5,039.94/oz in Asian trading. Prices stayed within the recent $5,000-$5,200/oz band despite heightened geopolitical risk from the Iran conflict. Traders focused on a heavy week of central bank meetings, including the Federal Reserve, with higher-for-longer rate risks looming over bullion. Gold […]
Read moreMarch 17, 2026 1:23 pm
Key Moments XAG/USD trades near $80.50 in a tight range as markets wait for the Fed policy decision on Wednesday. Markets expect the Fed to keep rates unchanged at 3.50%-3.75%. Meanwhile, tensions involving the US, Israel, and Iran support Silver’s safe-haven demand. Fed Outlook Keeps Silver Cautious Silver (XAG/USD) trades cautiously near $80.50 during Tuesday’s […]
Read moreMarch 17, 2026 1:09 pm
Key Moments Chinese aluminum production has increased nearly 3% year-on-year and is running above the government’s annualized cap. Aluminum prices have risen 9% since the onset of the Iran conflict and the closure of the Strait of Hormuz. Commerzbank warns that Chinese smelters may need to reduce production later in the year if Beijing does […]
Read moreMarch 17, 2026 9:49 am
Key Moments Gas prices jumped about 20% after large-scale attacks on Iran on Feb. 28. The national average for regular gasoline is slightly above $3.70 per gallon. E15, a blend with up to 15% ethanol, remains restricted in most states from June 1 to Sept. 15 unless federal waivers are issued. Farm and ethanol groups […]
Read moreMarch 17, 2026 8:14 am
Key Moments Brent crude is trading around USD 103 per barrel after an initial pullback. Iran has targeted oil and gas infrastructure, including the Shah gas field and facilities in the Fujairah Oil Industry Zone. Danske Bank warns that Iran’s focus on energy assets could keep oil prices elevated, even if Strait of Hormuz traffic […]
Read moreMarch 17, 2026 7:24 am
WTI Rebounds After Pullback From $100 West Texas Intermediate (WTI) Crude Oil regained momentum during Tuesday’s Asian session. The benchmark recovered part of Monday’s decline after briefly approaching the $100.00 psychological level. As a result, WTI now trades slightly above the $95.00 mark, posting a gain of nearly 2% on the day. Strait of Hormuz […]
Read moreMarch 17, 2026 7:13 am
Key Moments Gold (XAU/USD) pulled back toward the lower end of its daily range while holding above the $5,000 level during the European session. Escalating conflict in the Middle East supported safe-haven demand, but inflation worries and reduced Fed rate-cut expectations underpinned the US Dollar. Market participants appeared cautious ahead of this week’s FOMC decision […]
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