March 12, 2026 8:49 am
Key Moments Spot gold declined 0.2% to $5,165.73 per ounce, with U.S. April futures also down 0.2% to $5,171.40 by 01:03 GMT. The U.S. dollar rose 0.2%, pressuring dollar-denominated commodities while oil prices jumped amid renewed supply disruptions. U.S. CPI increased 0.3% in February and 2.4% year-to-date through February, with markets awaiting January PCE data […]
Read moreMarch 12, 2026 7:59 am
Spot Gold held mostly below the $5,200/oz. mark on Thursday, as a surge in oil prices drove up inflation expectations and also underpinned Treasury yields and the US Dollar. Higher bond yields tend to increase the opportunity cost of holding Gold, which pays no interest. The US Dollar Index held near a more than three-month […]
Read moreMarch 12, 2026 7:17 am
Key Moments Crude and Brent benchmarks extended gains even after IEA members agreed to deploy 400 million barrels from emergency reserves. Market participants focused on reported attacks on commercial vessels near the Strait of Hormuz and the risk of further supply disruptions. Concerns about supply-side shocks have intensified fears of a stagflationary macro backdrop despite […]
Read moreMarch 11, 2026 2:13 pm
Key Moments TD Securities reports unencumbered copper inventories have declined year-to-date to cover only 9.1 days of consumption, down from 11.4 days at the beginning of the year. The firm sees a sharp contrast between growing visible warehouse stocks and falling unencumbered inventories, suggesting metal is being shifted from invisible to visible storage and effectively […]
Read moreMarch 11, 2026 1:00 pm
Key Moments The International Energy Agency (IEA) will likely issue a recommendation on emergency oil reserve releases at 13:00 GMT. Meanwhile, Japan plans to release the equivalent of fifteen days of private-sector oil reserves and about one month of state-held reserves starting as early as March 16. As a result, WTI US oil trades 1.50% […]
Read moreMarch 11, 2026 12:39 pm
Key Moments Gold has been extending its recovery as the USD and oil prices move lower and risk sentiment shows tentative stabilization. Previous pressure on gold was linked to asset liquidation, slower official sector purchases, and uncertainty around the Fed’s next rate cut. OCBC strategists identify support at 5105-5060 and resistance at 5260-5315 as key […]
Read moreMarch 11, 2026 10:21 am
Key Moments QatarEnergy’s full shutdown of LNG production has led to five consecutive days without any Qatari LNG exports, the longest such pause since 2008. No LNG carriers have passed through the Strait of Hormuz since February 28, temporarily removing about 20% of global LNG exports from the market. Buyers have shifted to U.S. LNG […]
Read moreMarch 11, 2026 9:49 am
Spot Silver held gains on Wednesday, being close to a 1-week high, as a drop in oil prices curbed inflation fears, reviving expectations for potential rate cuts by the Federal Reserve this year. Oil prices fell below $90 per barrel, as reports emerged that the International Energy Agency had proposed the most significant release of […]
Read moreMarch 11, 2026 8:15 am
Key Moments A confirmed move above $95 would activate a major VC PMI weekly resistance target at $105.80. Silver futures have been trading near $89.30 after rebounding from VC PMI daily Buy-1 at $87.43 and Buy-2 at $85.35. Upcoming time-cycle windows between March 12–16 and March 22–26 align with key resistance zones from both VC […]
Read moreMarch 11, 2026 8:08 am
Spot Gold held near a 1-week high on Wednesday amid safe-haven demand and as a drop in oil prices curbed inflation fears, reviving expectations for potential rate cuts by the Federal Reserve this year. Oil prices fell below $90 per barrel, as reports emerged that the International Energy Agency had proposed the most significant release […]
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