May 30, 2025 12:56 pm
Key Moments: WTI futures rose 1.12% on Friday, while Brent contracts hit $64. Ongoing OPEC+ production increases and trade uncertainty continue to pressure market outlook, and Brent crude’s forecast for 2025 now stands at $66.98 per barrel. WTI is expected to trade $1.73 lower than previous estimates and hit $63.35 per barrel. Global crude oil […]
Read moreMay 30, 2025 8:26 am
Spot Silver held just above the $33.00 mark on Friday and was on track to register a weekly loss ahead of the release of US PCE inflation figures later in the day. Yesterday the white metal rebounded from a 1-week low of $32.69, after a US federal appeals court issued a temporary halt to a […]
Read moreMay 30, 2025 6:29 am
Spot Gold held in proximity to the $3,300 mark on Friday and looked set to register a weekly loss with US PCE inflation figures now in sight. Yesterday the yellow metal rebounded from a 1-week low of $3,245.56, after a federal appeals court allowed the Trump administration’s sweeping tariffs to temporarily remain in effect. A […]
Read moreMay 29, 2025 10:16 am
Key Moments: Crude oil futures climbed after a US court ruling challenged most of President Trump’s tariff policies. Brent contracts rose 1.24%, and WTI futures rallied by 1.37%. US crude inventories dropped by 4.236 million barrels last week, according to API data. Oil Advances on Legal Setback for US Tariffs Crude oil futures rose sharply […]
Read moreMay 29, 2025 9:49 am
Spot Silver surged almost 1% on Thursday, reversing the loss from the prior trading day and diverging from other precious metals such as Gold amid easing trade-related uncertainty. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have […]
Read moreMay 29, 2025 6:52 am
Spot Gold hovered above a fresh 1-week low of $3,245.56 on Thursday, as diminished tariff risks undermined safe-haven demand. The US Court of International Trade found that President Trump had exceeded his authority to impose reciprocal tariffs. By the Trade Court’s order, the measures will have to be vacated and permanently blocked. The Court’s decision […]
Read moreMay 28, 2025 2:47 pm
Key Moments: US natural gas futures jumped over 8% on Wednesday, reaching levels unseen in weeks. Gas production across the Lower US states hit 105.0 billion cubic feet per day (bcfd), a decline from last month’s 105.8 bcfd. Natgas demand is expected to rise due to upcoming temperature spikes. Futures Climb on Bullish Forecasts US […]
Read moreMay 28, 2025 9:01 am
Spot Silver held above the $33.00 mark on Wednesday, following a loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the white metal retreated over 0.5%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded sharply in May, with […]
Read moreMay 28, 2025 6:45 am
Spot Gold held mostly steady near the $3,300 mark on Wednesday, following a steep loss in the prior trading day, ahead of the FOMC minutes release. Yesterday the yellow metal retreated more than 1%, as the US Dollar rebounded from a one-month low and risk sentiment improved, weighing on safe-haven metals. US consumer sentiment rebounded […]
Read moreMay 27, 2025 9:03 am
Spot Silver retreated more than 1% on Tuesday, tracking losses in other precious metals, as the US Dollar rebounded from a one-month low, while anxiety over the US fiscal outlook persisted. The US Dollar Index bounced off 98.694, a level not seen since April 22nd, being last up 0.40% to 99.323. A firmer dollar makes […]
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