May 7, 2025 10:00 am
Key Moments: WTI crude futures rose to $59.68 on Wednesday, an increase of 1%. Brent futures also edged higher, reaching $62.66. The American Petroleum Institute reported that last week saw a sharper-than-expected 4.49 million-barrel drop in US crude inventories. Oil Futures Rise as Trade Outlook Shifts Crude oil futures advanced on Wednesday following news that […]
Read moreMay 7, 2025 7:30 am
Spot Gold eased from a 2-week high of $3,435 per troy ounce on Wednesday, since optimism over potential US-China trade negotiations pared the metal’s safe haven appeal. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent comments […]
Read moreMay 6, 2025 8:44 am
Spot Gold registered a fresh 2-week high of $3,387 per troy ounce on Tuesday, as the Trump administration opened a new front in the trade war, fueling demand for safe-haven assets. US President Donald Trump on Sunday greenlit a new 100% tariff on movies not produced in the United States. Labeling foreign support for film […]
Read moreMay 5, 2025 11:06 am
Spot Silver surged more than 1% on Monday, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the white metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike a deal, but yet, no […]
Read moreMay 5, 2025 8:43 am
Key Moments: OPEC+ announced a surprise production increase, sending Brent crude prices toward April lows. Brent futures sank 2.28% to $59.89 on Monday. WTI futures followed suit, dropping 2.56% to $56.80. US natural gas futures climbed nearly 2% and hit $3.701. Oil Prices Fall on Rising Global Supply, US Natgas Gains Brent crude extended its […]
Read moreMay 5, 2025 8:29 am
Spot Gold rose on Monday, recouping part of the losses from last week, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the yellow metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike […]
Read moreMay 2, 2025 10:12 am
Key Moments: Brent crude futures fell almost 0,8% on Friday, reaching $61.64 per barrel. WTI also slid downward, dropping 0.91% to $58.70. Markets responded cautiously to China’s reported consideration of US overtures on trade tariffs and Trump’s weighing of secondary sanctions targeting Iranian oil buyers. Energy Futures Fall Crude oil prices initially indicated stability on […]
Read moreMay 2, 2025 8:58 am
Spot Silver bounced off a 3-week low of $31.67 per troy ounce on Friday, as investors braced for the US Non-Farm Payrolls report later in the day for more insight into macroeconomic conditions and the Fed’s future interest rate path. Employers in all sectors of the US economy, excluding farming, probably added 130,000 job positions […]
Read moreMay 2, 2025 7:00 am
Spot Gold hovered above a 2 1/2-week low of $3,201.95 on Friday, as investors braced for the US Non-Farm Payrolls report later in the day for more insight into macroeconomic conditions and the Fed’s future interest rate path. Employers in all sectors of the US economy, excluding farming, probably added 130,000 job positions in April, […]
Read moreApril 30, 2025 10:38 am
Key Moments: ShFE copper inventories dropped 23.5% to 89,307 metric tons on Wednesday Tuesday saw the Yangshan copper premium reach $94 per ton. COMEX copper stockpiles have climbed 45% in the past four months, but futures plummeted 4.63% on Wednesday. Inventory Drops Intensify Market Tightness Shanghai Futures Exchange (ShFE) copper reserves declined for the second […]
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