May 8, 2026 5:56 am
Key Moments TD Securities strategist Bart Melek links Gold’s latest downturn to an Iran-related Oil shock, higher inflation expectations, and a stronger US Dollar. Melek identifies significant long-term technical support for Gold in the $4,288–$4,000/oz range, potentially tested if Oil climbs to $150+/bbl. He projects that, once Iran-driven and Oil-related inflation pressures recede, Gold could […]
Read moreMay 7, 2026 1:48 pm
Key Moments Industrial metals, including Copper, advanced on Wednesday as signs of a potential US-Iran agreement boosted risk appetite. Flows through the Strait of Hormuz remained disrupted, affecting parts of the metals supply chain such as aluminum and sulphuric acid for copper production. ING analysts expect Copper pricing to be shaped by the interplay between […]
Read moreMay 7, 2026 1:36 pm
Key Moments TD Securities strategist Bart Melek links Gold’s latest downturn to an Iran-related Oil shock, higher inflation expectations, and a stronger US Dollar. Melek identifies significant long-term technical support for Gold in the $4,288–$4,000/oz range, potentially tested if Oil climbs to $150+/bbl. He projects that, once Iran-driven and Oil-related inflation pressures recede, Gold could […]
Read moreMay 7, 2026 8:44 am
Spot Silver extended gains to a fresh 2-week high on Thursday amid optimism the US and Iran may be moving closer to a peace deal. This has led to a significant drop in oil prices and eased concerns over elevated inflation. Media reports stated that Washington and Tehran were working towards a one-page memorandum to […]
Read moreMay 7, 2026 6:56 am
Spot Gold held near a more than 1-week high on Thursday amid optimism the US and Iran may be moving closer to a peace deal. This has led to a drop in oil prices and eased concerns over elevated inflation. Media reports stated that Washington and Tehran were working towards a one-page memorandum to put […]
Read moreMay 5, 2026 8:53 am
Spot Silver rebounded after a steep loss recorded on Monday, but elevated oil prices kept inflation concerns alive and reinforced expectations of more hawkish central bank policy settings. The uneasy ceasefire between the United States and Iran is under severe strain following a sharp flare-up of violence in the Persian Gulf on Monday. According to […]
Read moreMay 5, 2026 8:47 am
Key Moments ICE Brent jumped 5.8% in the latest session, closing above $114/bbl as geopolitical tensions intensified in the Persian Gulf. Resumed Iranian attacks on regional infrastructure and fresh U.S. military action in the Gulf have heightened concerns over potential supply disruptions. ING warns that U.S. efforts to escort vessels through the Strait of Hormuz […]
Read moreMay 5, 2026 8:23 am
Key Moments Three-month LME copper was flat at $12,996 per metric ton by 0731 GMT after earlier hitting its lowest level since April 13. Prices were pressured by a stronger U.S. dollar and worries about a potential global economic slowdown. Trading volumes were muted with the Shanghai Futures Exchange shut for the Labour Day holiday, […]
Read moreMay 5, 2026 6:54 am
Spot Gold bounced off a five-week trough hit on Monday, but elevated oil prices kept inflation concerns alive and reinforced expectations of more hawkish central bank policy settings. The uneasy ceasefire between the United States and Iran is under severe strain following a sharp flare-up of violence in the Persian Gulf on Monday. According to […]
Read moreMay 5, 2026 6:22 am
Key Moments: Silver trades near $72.85 in Tuesday’s Asian session, extending its decline below the 100-day EMA. Rising tensions in the Middle East and Iranian attacks on vessels in the Strait of Hormuz stoke inflation concerns and weigh on non-yielding assets. Key technical levels include resistance at $74.45 and support around $72.20 and $71.15. Persistent […]
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