May 27, 2025 7:01 am
Spot Gold drifted lower on Tuesday, but held not far from a 2-week high of $3,366.00, as soft US Dollar and concerns over the US fiscal outlook were providing support. “At this point, we are seeing some consolidation in gold prices. The market is taking a breather and waiting for the next catalyst,” Kelvin Wong, […]
Read moreMay 26, 2025 9:41 am
Spot Silver pulled back from a 1-month high of $33.70 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The white metal rose over 1% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the […]
Read moreMay 26, 2025 7:05 am
Spot Gold eased from a 2-week peak of $3,366.00 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The yellow metal rose almost 2% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the European […]
Read moreMay 23, 2025 10:28 am
Key Moments: Brent crude and WTI each dropped 0.1% on Friday, putting both on track for their first weekly loss this month. OPEC+ is weighing a July production hike of 411,000 barrels per day. US crude inventories increased and storage demand surged, pressuring oil prices Crude Steps Back as Supply Concerns Build Oil prices fell […]
Read moreMay 23, 2025 8:40 am
Spot Silver rose on Friday and headed for its largest weekly advance since early April amid lingering investor concerns over the US fiscal outlook that drove demand for safe-haven metals. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill pass, […]
Read moreMay 23, 2025 6:56 am
Spot Gold rose over 1% on Friday, holding in proximity to a 2-week peak of $3,345.45, and headed for a weekly gain amid lingering investor concerns over the US fiscal outlook. Yesterday US President Donald Trump’s tax and spending legislation advanced in the House and is expected to move to the Senate. Should the bill […]
Read moreMay 22, 2025 2:13 pm
Key Moments: US natural gas futures dropped by over 2% today as output remained higher than expected and LNG feed gas demand dipped. Gas inventories stood about 4% above the five-year seasonal average. May’s LNG feed gas flows hit 15.1 bcfd, a decline from April’s peak of 16.0 bcfd due to maintenance at export plants. […]
Read moreMay 22, 2025 9:18 am
Spot Silver rose to a fresh 1-month high of $33.70 per troy ounce on Thursday, as investor concerns over US fiscal outlook mounted, pressuring the US Dollar and driving demand for safe-haven metals. The US Dollar Index was hovering above a 2-week trough, being last down 0.10% to 99.605. A weaker dollar makes dollar-priced Silver […]
Read moreMay 22, 2025 7:48 am
Key Moments: Brent crude futures declined below $64 on Thursday. WTI also lost ground, with its contracts hitting $60.69. An unexpected 1.3 million barrels were added to US crude inventories last week. Oil Craters on Major US Stock Build Crude oil futures plummeted on Thursday, weighed down by a notable rise in US crude and […]
Read moreMay 22, 2025 7:08 am
Spot Gold extended gains to a fresh 2-week peak of $3,345.45 on Thursday, as investor concerns over US government’s growing debt continued to heighten. The US Dollar Index was hovering above a 2-week trough, being last down 0.18% to 99.508. A weaker dollar makes dollar-priced Gold more appealing to international investors holding other currencies. Yesterday […]
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