March 17, 2025 8:35 am
Spot Gold held in proximity to a fresh record high of $3,004.86 per troy ounce on Monday, underpinned by stagflationary concerns, geopolitical risks and expectations of more rate cuts by the Federal Reserve. US Treasury Secretary Scott Bessent said over the weekend there were “no guarantees” there would not be a recession, though there could […]
Read moreMarch 14, 2025 3:14 pm
Key moments U.S. natural gas futures fell 2.14% on Friday. Revised weather projections predicting milder temperatures across the Lower 48 states led to a substantial reduction in heating degree day (HDD) estimates. Natural gas storage levels remain below the five-year average, providing some support against a more dramatic price collapse. U.S. Natural Gas Futures’ Price […]
Read moreMarch 14, 2025 9:26 am
Key moments Driven by increased demand for secure investments, silver prices maintained a level near $33.96. President Trump’s tariff threats on European goods intensify global trade concerns, bolstering silver’s appeal. Growing expectations of Federal Reserve rate cuts, following subdued US inflation data, provide further support to silver prices. XAG/USD Maintains Strong Position near $34.00, Influenced […]
Read moreMarch 14, 2025 7:36 am
Spot Gold scaled a fresh all-time high of $2,993.80 per troy ounce on Friday amid tariff uncertainty, rising trade tensions and the prospect of interest rate cuts by the Federal Reserve. The yellow metal also looked set for a second straight weekly advance. In the wake of US tariffs on steel and aluminum, the European […]
Read moreMarch 13, 2025 9:57 am
Key moments Spot Silver near highs last seen on February 14th Cooler US CPI inflation adds to case for future rate cuts Concerns over implications of the tariff war persist Spot Silver held not far from a one-month high of $33.32 per troy ounce on Thursday amid persisting tariff uncertainty, while US inflation eased more […]
Read moreMarch 13, 2025 8:18 am
Key moments WTI crude oil price rises to $67.50 in early Asian trading, indicating upward momentum. US crude oil stockpiles increase by 1.448 million barrels, according to the EIA, less than anticipated. Fears are escalating regarding a possible US economic deceleration and the repercussions of the newly implemented tariffs./li> US Crude Benchmark Reaches $67.50 Amid […]
Read moreMarch 13, 2025 7:59 am
Key moments Spot Gold holds near highs last seen on February 25th Cooler US CPI inflation adds to case for future rate cuts Gold may test immediate resistance at $3,000 – analyst Spot Gold traded in proximity to a two-week high on Thursday amid continuing tariff uncertainty, while US inflation eased more than expected last […]
Read moreMarch 12, 2025 2:16 pm
Key moments U.S. natural gas futures fell below $4.200, reversing a prior surge to $4.901. Warmer-than-average temperature forecasts have dampened heating demand expectations, driving this significant price correction. While short-term demand is weak, projected inventory levels are 10% below the five-year average by summer, and restrained rig activity suggests potential long-term price support. Natural Gas […]
Read moreMarch 12, 2025 10:44 am
Key moments Aluminum futures rose to $2,710 on Wednesday. The surge followed a brief drop to $2,690. U.S. trade disputes continue to escalate, with China announcing retaliation plans. Aluminum Surges As Trade Tensions Continue Wednesday saw aluminum futures surge, breaching $2,710. This increase occurred amidst a confluence of factors, notably the tightening of supply from […]
Read moreMarch 12, 2025 10:09 am
Key moments Spot Silver trades near three-week peak on safe haven demand US President Trump reverses course on a pledge to increase tariffs on Canadian steel and aluminum to 50% US CPI report now eyed for clues on Fed rate cut path Spot Silver scaled a fresh three-week peak of $33.08 per troy ounce on […]
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