April 9, 2026 10:25 am
Spot Silver pulled back from a three-week high on Thursday, while holding within a relatively tight daily range, as market players remained wary over the frail US-Iran ceasefire. Yesterday Israel launched its heaviest strikes against Lebanon yet, which led to the death of hundreds of people. According to the White House, Lebanon is not covered […]
Read moreApril 9, 2026 9:19 am
Key Moments Brent crude initially dropped 14% to USD 95/bbl on US-Iran ceasefire headlines before trimming losses. The Strait of Hormuz remains blocked, with Iran signaling a potential reopening later this week pending further agreements. Brent futures last moved slightly higher to USD 97/bbl as markets monitored oil flows and infrastructure damage. Ceasefire News Triggers […]
Read moreApril 9, 2026 7:59 am
Spot Gold was mostly steady on Thursday, trading below a three-week high, as market players remained wary over the frail US-Iran ceasefire. Yesterday Israel launched its heaviest strikes against Lebanon yet, which led to the death of hundreds of people. According to the White House, Lebanon is not covered by the two-week ceasefire framework negotiated […]
Read moreApril 9, 2026 7:11 am
Key Moments WTI trades near $91.90 per barrel in Asian hours, rebounding after two sessions of losses. Tanker movements through the Strait of Hormuz remain heavily constrained due to fresh tensions and US-Iran ceasefire uncertainty. Analysts warn that logistics, security, and insurance hurdles may limit additional flows through Hormuz over the next two weeks. WTI […]
Read moreApril 9, 2026 6:35 am
Key Moments Gold (XAU/USD) trades slightly lower in Asian dealings but continues to hold above the $4,700 level after pulling back from a three-week high. Uncertainty around the US-Iran ceasefire and renewed Middle East tensions support the US Dollar, limiting upside for gold while also capping risk appetite. Federal Reserve minutes signal a higher-for-longer stance […]
Read moreApril 9, 2026 5:46 am
Key Moments XAG/USD extends its pullback during the Asian session, trading just below the mid-$73.00 area and down 2.0% on the day. Price remains capped below the 200-period EMA on the 4-hour chart and the 38.2% Fibonacci retracement of the March decline, reinforcing a bearish near-term bias. Key support is seen near the 23.6% Fibonacci […]
Read moreApril 8, 2026 2:20 pm
Key Moments TD Securities strategists see elevated opportunity costs for holding Gold in the near term due to energy-driven inflation and delayed Fed cuts. They identify the absence of Middle East capital flows into the Gold market as an additional downside factor. Their outlook anticipates Gold moving back above $5,000 in the latter part of […]
Read moreApril 8, 2026 1:37 pm
Key Moments Copper shifted from one of the weakest to one of the strongest performing metals, following a period of pronounced underperformance. Short-term pressure on prices stems from elevated LME inventories and the prospect of stockpile sales and a potential mine restart in Panama. Chilean copper production dropped in February to its lowest monthly level […]
Read moreApril 8, 2026 9:08 am
Key Moments WTI Crude dropped more than 15% from Tuesday’s highs above $106.00 following news of a two-week ceasefire in the Iran war. Despite the sell-off, crude prices remain nearly 40% above pre-war levels amid ongoing concerns about supply disruptions and regional instability. OPEC+ agreed to raise output quotas by 206K barrels per day from […]
Read moreApril 8, 2026 8:45 am
Spot Silver rose to a three-week high above $77.50/oz. on Wednesday and the US Dollar plumbed a nearly one-month low, as the US and Iran have agreed to a two-week ceasefire, while Tehran is to reopen the Strait of Hormuz. US President Donald Trump announced in a post on Truth Social that he would suspend […]
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