April 3, 2026 9:02 am
Key Moments: Gold traded at $4,676 on Friday, below its year-to-date peak of $5,602, after two months of rangebound action. The Turkish central bank has sold 120 tons of gold worth over $20 billion in three weeks, including 70 tons last week. Analysts see scope for a move toward $5,000 and potentially $5,602 if prices […]
Read moreApril 3, 2026 8:34 am
Key Moments Nearby U.S. natural gas futures fell to their lowest level since January 16, erasing all gains attributed to winter storm Fern and putting the January 15 low at $2.689 back in play. The latest EIA report showed a 36 Bcf storage injection for the week-ending March 27, compared with a five-year average draw […]
Read moreApril 3, 2026 6:27 am
Key Moments: Silver price (XAG/USD) trades near $73.10 in Asian dealings on Friday, remaining under selling pressure. Stronger safe-haven demand for the US Dollar, coupled with hawkish 2026 central bank expectations, weighs on the non-interest-bearing metal. Rising Middle East tensions, higher energy prices, and unresolved Strait of Hormuz risks add to inflation concerns and policy […]
Read moreApril 3, 2026 5:47 am
Key Moments WTI crude trades near $103.80 per barrel after surging more than 10% following earlier declines. Sharp gains come as markets reassess supply risks tied to heightened tensions between the US and Iran in the Persian Gulf. Reports of an Iran-Oman monitoring protocol for the Strait of Hormuz briefly eased prices before optimism faded. […]
Read moreApril 2, 2026 12:57 pm
Key Moments XAU/USD is trading near $4,612, down almost 3.0% after touching a two-week high close to $4,800.
Read moreApril 2, 2026 10:18 am
Key Moments LME aluminum prices moved above $3,500/t following reports of significant production disruptions at major Gulf smelters EGA and Alba. ING estimates that confirmed halts and curtailments could remove about 3 mtpa of capacity, nearly half of Middle East aluminum output. Despite potential demand headwinds from weaker global growth, constrained Chinese and Indonesian supply […]
Read moreApril 2, 2026 10:09 am
Key Market Moves on Rising Middle East Tensions Brent crude surged 7.4% early Thursday, surpassing $108 per barrel, while WTI gained 7% to $107. Asian stocks slipped, led by South Korea’s Kospi, which fell 4.5%. European markets opened mostly lower, with US futures signaling a weaker start. Oil Prices React to Geopolitical Fears Oil prices […]
Read moreApril 2, 2026 9:55 am
Spot Silver pulled back from a 2-week peak on Thursday, as the US Dollar appreciated after US President Donald Trump’s prime-time address. A firmer dollar makes dollar-priced Silver less appealing to international investors holding other currencies. Trump warned that Iran would be hit extremely hard over the next two to three weeks and “would be […]
Read moreApril 2, 2026 8:35 am
Key Moments Silver (XAG/USD) falls to around $70.60 in early European trading, extending its recent decline. Comments from US President Donald Trump on Iran boost crude oil and curb rate-cut expectations, weighing on non-yielding precious metals. XAG/USD trades below the 100-day EMA at $73.80, with initial support at $68.00 and further downside risk toward $65.00. […]
Read moreApril 2, 2026 7:21 am
Spot Gold pulled back from a 2-week peak on Thursday, as the US Dollar appreciated after US President Donald Trump’s prime-time address. A firmer dollar makes dollar-priced Gold less appealing to international investors holding other currencies. Trump warned that Iran would be hit extremely hard over the next two to three weeks and “would be […]
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