March 13, 2025 9:57 am
Key moments Spot Silver near highs last seen on February 14th Cooler US CPI inflation adds to case for future rate cuts Concerns over implications of the tariff war persist Spot Silver held not far from a one-month high of $33.32 per troy ounce on Thursday amid persisting tariff uncertainty, while US inflation eased more […]
Read moreMarch 13, 2025 8:18 am
Key moments WTI crude oil price rises to $67.50 in early Asian trading, indicating upward momentum. US crude oil stockpiles increase by 1.448 million barrels, according to the EIA, less than anticipated. Fears are escalating regarding a possible US economic deceleration and the repercussions of the newly implemented tariffs./li> US Crude Benchmark Reaches $67.50 Amid […]
Read moreMarch 13, 2025 7:59 am
Key moments Spot Gold holds near highs last seen on February 25th Cooler US CPI inflation adds to case for future rate cuts Gold may test immediate resistance at $3,000 – analyst Spot Gold traded in proximity to a two-week high on Thursday amid continuing tariff uncertainty, while US inflation eased more than expected last […]
Read moreMarch 12, 2025 2:16 pm
Key moments U.S. natural gas futures fell below $4.200, reversing a prior surge to $4.901. Warmer-than-average temperature forecasts have dampened heating demand expectations, driving this significant price correction. While short-term demand is weak, projected inventory levels are 10% below the five-year average by summer, and restrained rig activity suggests potential long-term price support. Natural Gas […]
Read moreMarch 12, 2025 10:44 am
Key moments Aluminum futures rose to $2,710 on Wednesday. The surge followed a brief drop to $2,690. U.S. trade disputes continue to escalate, with China announcing retaliation plans. Aluminum Surges As Trade Tensions Continue Wednesday saw aluminum futures surge, breaching $2,710. This increase occurred amidst a confluence of factors, notably the tightening of supply from […]
Read moreMarch 12, 2025 10:09 am
Key moments Spot Silver trades near three-week peak on safe haven demand US President Trump reverses course on a pledge to increase tariffs on Canadian steel and aluminum to 50% US CPI report now eyed for clues on Fed rate cut path Spot Silver scaled a fresh three-week peak of $33.08 per troy ounce on […]
Read moreMarch 12, 2025 9:54 am
Key moments Silver price (XAG/USD) trades near $33.00, fluctuating after recent gains. Technical indicators suggest a weakening bullish bias, yet short-term momentum remains positive. Key resistance identified at the four-month high of $33.40, with support at $32.41. Key Levels: $33.40 Resistance, $32.41 Support, Bullish RSI Above 50 The silver price (XAG/USD) is experiencing a period […]
Read moreMarch 12, 2025 8:12 am
Key moments Spot Gold holds steady above $2,900 mark as US CPI data eyed US President Trump reverses course on a pledge to increase tariffs on Canadian steel and aluminum to 50% Kyiv intends to accept a Washington proposal for a 30-day ceasefire Spot Gold was mostly flat on Wednesday, as market players awaited the […]
Read moreMarch 12, 2025 6:46 am
Key Moments President Trump doubles existing steel and aluminum tariffs on Canadian imports to 50%. Ontario’s provincial leader implements a 25% surcharge on electricity exports to select U.S. states. Trump threatens a national emergency declaration regarding electricity and further tariffs on Canadian automobiles. Trade Tensions: U.S. and Canada Engage in Tariff Escalation The ongoing trade […]
Read moreMarch 11, 2025 9:22 am
Key moments WTI crude oil price experiences a modest increase, reaching approximately $65.90 per barrel, following previous session losses. Concerns regarding potential economic slowdown due to US tariffs and retaliatory measures from trading partners create market uncertainty. Economic indicators from China, a major oil importer, signal deflationary pressures, impacting global oil demand forecasts. Global Trade […]
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