May 8, 2025 9:56 am
Spot Silver extended a pullback from recent 1-week high of $33.25 on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. US President Donald Trump is poised to unveil a significant trade agreement between the United States and the […]
Read moreMay 8, 2025 8:23 am
Spot Gold extended a pullback from recent 2-week high of $3,435 per troy ounce on Thursday, after reports stated the US was expected to announce a trade deal with Britain today, while the Federal Reserve kept borrowing costs on hold. Market players also awaited the outcome of the US-China trade negotiations in Switzerland this weekend. […]
Read moreMay 7, 2025 11:14 am
Key Moments: Russia’s April oil and gas revenues dropped by approximately 12% year over year, according to the Finance Ministry. April’s energy income totaled 1.09 trillion rubles. The average price of Russian oil fell to 4,562 rubles in April. Monthly Revenue Decline Driven by Lower Oil Prices Russia’s Ministry of Finance has reported a notable […]
Read moreMay 7, 2025 10:06 am
Spot Silver pulled back from a 1-week high of $33.25 on Wednesday, since optimism over potential US-China trade negotiations heightened investor risk appetite, while weighing on safe-haven assets. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent […]
Read moreMay 7, 2025 10:00 am
Key Moments: WTI crude futures rose to $59.68 on Wednesday, an increase of 1%. Brent futures also edged higher, reaching $62.66. The American Petroleum Institute reported that last week saw a sharper-than-expected 4.49 million-barrel drop in US crude inventories. Oil Futures Rise as Trade Outlook Shifts Crude oil futures advanced on Wednesday following news that […]
Read moreMay 7, 2025 7:30 am
Spot Gold eased from a 2-week high of $3,435 per troy ounce on Wednesday, since optimism over potential US-China trade negotiations pared the metal’s safe haven appeal. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in Switzerland this weekend. Bessent’s recent comments […]
Read moreMay 6, 2025 8:44 am
Spot Gold registered a fresh 2-week high of $3,387 per troy ounce on Tuesday, as the Trump administration opened a new front in the trade war, fueling demand for safe-haven assets. US President Donald Trump on Sunday greenlit a new 100% tariff on movies not produced in the United States. Labeling foreign support for film […]
Read moreMay 5, 2025 11:06 am
Spot Silver surged more than 1% on Monday, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the white metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike a deal, but yet, no […]
Read moreMay 5, 2025 8:43 am
Key Moments: OPEC+ announced a surprise production increase, sending Brent crude prices toward April lows. Brent futures sank 2.28% to $59.89 on Monday. WTI futures followed suit, dropping 2.56% to $56.80. US natural gas futures climbed nearly 2% and hit $3.701. Oil Prices Fall on Rising Global Supply, US Natgas Gains Brent crude extended its […]
Read moreMay 5, 2025 8:29 am
Spot Gold rose on Monday, recouping part of the losses from last week, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the yellow metal. A softer US Dollar was also providing support to the commodity. US President Trump said over the weekend he believed Beijing was willing to strike […]
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