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WTI Crude Rises as US-Iran Ceasefire Prospects Fade Now

May 11, 2026 7:41 am
Key Moments WTI futures on NYMEX climb 5.2% in Asian trading to around $96.60. The move comes as optimism over a near-term US-Iran ceasefire fades. President Donald Trump calls Iran’s reply to a US peace proposal “totally unacceptable.” This weakens hopes for a permanent agreement. WTI rises back above its 20-day EMA at $95.39. This […] Read more

Spot Gold drops as US-Iran peace negotiations fail

May 11, 2026 7:12 am
Spot Gold retreated ​on Monday, as there has been no progress in US–Iran peace talks, which drove oil prices up, stoking concerns of elevated inflation and prolonged period of high interest rates. US President Donald Trump over the weekend rejected Iran’s response to a ​US proposal for peace negotiations, which cooled optimism over an imminent […] Read more

Silver Rally Continues as Demand Supports XAG/USD

May 11, 2026 5:50 am
Key Moments Silver trades near $81.50 in early Monday Asian dealings, up 1.45% on the session. Robust industrial demand from photovoltaics, electromobility, semiconductors, and AI infrastructure underpins the metal. US-Iran peace talks stall as both sides reject proposals, maintaining geopolitical support for silver. Industrial Demand Drives Fresh Upside in Silver Silver (XAG/USD) trades close to […] Read more

Supply Strains Keep Copper Prices Elevated, Commerzbank Says

May 8, 2026 12:47 pm
Key Moments Copper prices on the LME have climbed nearly 5% this week, clearly outpacing other industrial metals. Chilean copper ore output dropped 9% year-on-year in March despite rebounding from a 9-year low in February. Mine-supply risks in Chile and Indonesia could challenge the International Copper Study Group’s 1.6% mine production growth forecast for this […] Read more

Spot Silver scales three-week peak on ME peace hopes

May 8, 2026 11:03 am
Spot Silver extended gains to a fresh 3-week high of $82.12/oz. amid optimism the US and Iran may be nearing a peace deal. This has, to an extent, eased concerns over elevated inflation and prolonged period of high interest rates. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put […] Read more

Crude Climbs as US-Iran Tensions Hit Hormuz Ceasefire

May 8, 2026 9:43 am
Key Moments Brent crude traded at $101.26 a barrel and WTI at $95.66 a barrel, with both benchmarks rising about 1% in early Friday dealings. The latest U.S.-Iran exchange of fire in and around the Strait of Hormuz has undermined a fragile ceasefire and dampened expectations for reopening the key energy chokepoint. The U.S. Commodity […] Read more

Silver Rises on US Jobs Data and Iran Tensions Watch

May 8, 2026 9:32 am
Key Moments Silver (XAG/USD) gains 2.6% in early European trading, approaching $80.50. Markets await US April Nonfarm Payrolls, with consensus pointing to 62K new jobs versus 178K in March. US President Donald Trump says the ceasefire with Iran remains in effect despite recent military exchanges. Silver Strengthens Ahead of US NFP Release Silver prices (XAG/USD) […] Read more

WTI Slips as Ceasefire Hopes Iran Temper Risk Premium

May 8, 2026 8:42 am
Key Moments WTI trades near $92.45 in early European hours on Friday as optimism over a potential US-Iran deal pressures prices. Ceasefire uncertainty persists after reported exchanges of fire near the Strait of Hormuz, despite US assertions that the truce remains in place. US crude inventories fell by 2.314 million barrels in the week ending […] Read more

Gold holds near 2-week high on ME optimism, US NFP ahead

May 8, 2026 7:23 am
Spot Gold traded not far from a 2-week high on Friday amid optimism the US and Iran may be nearing a peace deal. This has, to an extent, eased concerns over elevated inflation and prolonged period of high interest rates. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put […] Read more