March 11, 2026 7:03 am
Key Moments WTI trades just below $82.00 in Wednesday’s Asian session. However, the contract has fallen nearly 4% after failing to extend a rebound from sub-$76.00 weekly lows. Price action stalls around the 200-hour SMA. Meanwhile, MACD and RSI signal fading upside momentum and a mildly bearish near-term tone. The rising 200-period SMA near $78.00 […]
Read moreMarch 10, 2026 3:07 pm
Key Moments Brent and WTI initially surged more than 20% to USD 120 per barrel at the start of the week before retreating from those gains. G7 finance ministers decided against an immediate release of strategic oil reserves, despite concerns about disrupted Gulf supplies. Potential U.S. shale output growth hinges on sustained high prices, which […]
Read moreMarch 10, 2026 2:03 pm
Key Moments Chinese iron ore imports increased 10% year-on-year in January/February, contrasting with weaker steel production. China’s copper ore and concentrate imports rose 4.9% from a year earlier, while imports of raw copper and copper products dropped 16%. Potential sulphur supply disruptions from the Gulf may threaten copper ore production in Congo, which already accounts […]
Read moreMarch 10, 2026 9:59 am
Key Moments Spot Silver (XAG/USD) traded at $89.34 per troy ounce on Tuesday, rising from $87.03 on Monday. Silver prices have advanced 25.69% since the start of the year. The Gold/Silver ratio eased to 58.05 on Tuesday from 59.05 on Monday. Spot Market Update Silver prices (XAG/USD) moved higher on Tuesday, according to FXStreet data, […]
Read moreMarch 10, 2026 9:49 am
Key Moments Spot gold rose 0.8% to $5,175.48 an ounce, while gold futures climbed 1.6% to $5,184.79/oz in Asian trading. Prices remained confined to a $5,000-$5,200/oz band as investors balanced safe haven demand against inflation concerns. Comments from U.S. President Donald Trump about a potential end to the Iran war and possible oil supply measures […]
Read moreMarch 10, 2026 9:41 am
Spot Silver surged to a 1-week high of $90.01 per troy ounce on Tuesday, after US President Donald Trump signaled the Iran conflict might be nearing an end, which pushed the US Dollar and oil prices lower. Trump said that the conflict would be resolved “very soon”, while the US military operation in the region […]
Read moreMarch 10, 2026 9:09 am
Key Moments Brent crude slid from an intraday high of $119.50/bbl to about $90 by the U.S. close, with a brief drop to $83.66. Prices later edged up to $93.56, still below the $99.40 level seen before a CBS report and well under intraday highs. Long-dated December 2026 Brent futures held far steadier, trading at […]
Read moreMarch 10, 2026 8:08 am
Spot Gold rebounded on Tuesday, after US President Donald Trump signaled the Iran conflict might be nearing an end, which pushed the US Dollar and oil prices lower. Trump said that the conflict would be resolved “very soon”, while the US military operation in the region was running well ahead of the initial 4 to […]
Read moreMarch 9, 2026 9:37 am
Spot Silver fell more than 0.5% on Monday, tracking Gold, being weighed down by a firmer US Dollar and scaled back expectations of Federal Reserve interest rate cuts. The US Dollar Index held near a more than three-month high of 99.695. A firmer dollar makes dollar-priced Silver less appealing to international investors holding other currencies. […]
Read moreMarch 9, 2026 8:33 am
Spot Gold retreated more than 1% on Monday, weighed down by a firmer US Dollar and scaled back expectations of Federal Reserve interest rate cuts. The US Dollar held near a more than three-month high of 99.695. A firmer dollar makes dollar-priced Gold less appealing to international investors holding other currencies. The US Dollar is […]
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