June 6, 2025 10:27 am
Key Moments: During Friday’s trading session, Dutch TTF gas futures rose 0.84% while UK NBP Natural Gas contracts advanced by 1%. However, both benchmarks eventually retreated. Norwegian exports increased by 16 mcm/d as operations commenced at two fields following maintenance. European gas storage was recorded at 49.9% full, far below last year’s level. Futures Suffer […]
Read moreJune 6, 2025 6:51 am
Spot Silver held just below an intraday high of $36.18 on Friday, its strongest price level since February 29th 2012, as weak US macro data and a dovish Federal Reserve outlook continued to underpin safe-haven demand. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with […]
Read moreJune 5, 2025 9:00 am
Spot Silver held close to a 32-week high of $34.79 on Thursday, as rising economic uncertainty underpinned safe-haven assets. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. The data added to expectations that the […]
Read moreJune 5, 2025 6:58 am
Spot Gold held in proximity to a 1-month high of $3,392.30 per troy ounce on Thursday, as market players continued to grapple with rising economic uncertainty. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. […]
Read moreJune 4, 2025 1:13 pm
Key Moments: Spot gold edged 0.2% higher to around $3,360 during Wednesday’s trading session. US job openings increased in April while layoffs reached a nine-month high. This week’s US non-farm payrolls report is poised to shed more light on the Federal Reserve’s potential direction for interest rate adjustments. Markets Balanced Between Economic Indicators and Geopolitical […]
Read moreJune 4, 2025 12:46 pm
Key Moments: Chicago Board of Trade (CBOT) agriculture futures rose on Wednesday, with the corn benchmark in particular jumping by almost 1.4%. Market sentiment was affected by increased tensions between Ukraine and Russia, along with expectations of improved export opportunities. Favorable weather conditions in the US continued to exert pressure on grain price movements. Markets […]
Read moreJune 3, 2025 2:04 pm
Key Moments: WTI and Brent crude futures have advanced 0.88% and 0.84%, respectively. Production cuts totaling 274,500 barrels per day reported from Canadian operators due to wildfires OPEC+ moved forward with an additional 411,000-barrels-per-day output hike for July. Supply Pressures Boost Energy Markets Oil prices extended gains early Tuesday, supported by mounting supply constraints and […]
Read moreJune 3, 2025 7:35 am
Spot Gold held in proximity to a fresh 1-month high of $3,392.30 per troy ounce on Tuesday, as escalating trade and geopolitical tensions kept safe-haven assets underpinned. US President Donald Trump threatened to double existing tariffs on imports of steel and aluminum from 25% to 50%, taking effect on June 4th, reigniting tensions with trade […]
Read moreJune 2, 2025 10:04 am
Spot Silver scaled a 1 1/2-week high of $33.57 on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the white metal. The US Dollar Index was last down 0.71% to 98.740. A weaker US Dollar makes dollar-priced Silver […]
Read moreJune 2, 2025 7:16 am
Spot Gold rose more than 1.5% on Monday, as US President Donald Trump’s fresh tariff threats heightened the safe-haven allure of the metal. A softer US Dollar was also providing support to the yellow metal. The US Dollar Index was last down 0.51% to 98.940. A weaker dollar makes dollar-priced Gold more appealing to international […]
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