April 23, 2026 8:36 am
Spot Silver retreated nearly 2% on Thursday, while oil prices extended gains, as investors continued to monitor whether the fragile ceasefire between the US and Iran will hold. US President Donald Trump said on Tuesday he would indefinitely extend the ceasefire with Iran so that further peace talks could take place, while awaiting a “unified […]
Read moreApril 23, 2026 7:52 am
Key Moments WTI trades around $93.00 per barrel in Asian hours on Thursday, extending gains into a third straight session. Reports of Iranian actions against ships in the Strait of Hormuz and comments from Iranian officials heighten concerns over supply disruptions. US crude and product exports hit a record 12.88 million bpd, while EIA data […]
Read moreApril 23, 2026 6:58 am
Spot Gold edged lower on Thursday, while oil prices extended gains, as investors continued to monitor whether the fragile ceasefire between the US and Iran will hold. US President Donald Trump said on Tuesday he would indefinitely extend the ceasefire with Iran so that further peace talks could take place, while awaiting a “unified proposal” […]
Read moreApril 23, 2026 6:51 am
Key Moments Gold (XAU/USD) trades below $4,700 and keeps a bearish tone as the US Dollar extends gains. Meanwhile, tensions around Iran and risks in the Strait of Hormuz continue to support USD demand. In addition, expectations for delayed Federal Reserve rate cuts weigh on non-yielding bullion. Macro Drivers Pressure Gold Prices Gold (XAU/USD) remains […]
Read moreApril 23, 2026 5:50 am
Key Moments XAG/USD trades near $77.60 per troy ounce in Asian hours Thursday after only modest prior gains. Heightened tensions in the Strait of Hormuz and elevated energy prices keep inflation risks in focus. Reuters survey shows 56 of 103 economists expect the Fed to keep rates at 3.5%-3.75% at least through September. Middle East […]
Read moreApril 22, 2026 2:19 pm
Key Moments Brent crude is approaching USD100 as shipments through the Strait of Hormuz are not expected to resume early. OCBC strategists warn that another month of supply outages could push crude inventories toward operational lows, triggering demand destruction. Signs of weakening demand are already visible, including more flight cancellations, lower refinery utilization, and EU […]
Read moreApril 22, 2026 12:59 pm
Key Moments XAU/USD trades near $4,750, rebounding from a one-week low of $4,668 reached on Tuesday.
Read moreApril 22, 2026 12:28 pm
Key Moments Silver trades around $77.75, holding below the former support zone at $78.50 after a two-day reversal. Renewed strength in the US Dollar, supported by upbeat US Retail Sales and testimony from Fed Chair Nominee Kevin Warsh, limits upside in XAG/USD. XAG/USD has broken below an ascending channel drawn from late March lows, with […]
Read moreApril 22, 2026 9:28 am
Key Moments WTI Crude slipped to $87.50 after touching $91.60 on Tuesday, while staying within the recent trading band. Traders largely looked past President Trump’s indefinite US-Iran ceasefire extension as talks with Tehran remained stalled. API data showed a 4.4 million-barrel drop in US crude inventories for the week of April 17, beating expectations of […]
Read moreApril 22, 2026 8:34 am
Spot Silver rebounded on Wednesday, tracking Gold, as the US extended a ceasefire with Iran, which eased concerns of an inflation surge, pushing oil prices lower by over 1%. US President Donald Trump stated he would indefinitely extend the ceasefire with Iran so that further peace talks could take place. However, Iran pushed back on […]
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