June 13, 2025 9:45 am
Spot Silver held mostly steady above the $36.00 mark on Friday, following recent pullback from a 13-year high. The white metal remained underpinned by robust industrial demand, persistent supply deficit and its safe-haven appeal amid continuing macroeconomic and geopolitical uncertainty. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic […]
Read moreJune 13, 2025 7:32 am
Spot Gold extended gains to a fresh 7-week high of $3,444.40 on Friday, following reports of Israeli military strikes on Iran, which spurred demand for traditional safe-haven assets. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories and military commanders, as tensions intensified over US efforts to […]
Read moreJune 12, 2025 8:35 am
Spot Silver pulled back from a 13-year high of $36.88 as a result of a probable technical correction. The 14-day Relative Strength Index (RSI) has indicated that Silver prices rose quite much for a too short period of time (overbought conditions, with index readings above the 70.00 threshold). This prompted investors to look for a […]
Read moreJune 12, 2025 6:19 am
Spot Gold extended gains on Thursday, as heightened US-Iran tensions drove demand for traditional safe-haven assets, while softer US CPI inflation added to expectations of Fed rate cuts. The US government ordered the departure of embassy personnel from Baghdad after Iran said it might launch an attack on US bases in case negotiations regarding its […]
Read moreJune 11, 2025 12:27 pm
Key Moments: West Texas Intermediate (WTI) crude futures rose to $66.12 during today’s trading session, climbing $1.14 or 1.75%. Brent surged as well, rising 1.42% to $67.82. OPEC+ plans to increase production by 411,000 barrels per day in July. According to API data, US oil inventories declined by 370,000 last week. Crude Oil Extends Gains […]
Read moreJune 11, 2025 10:27 am
Key Moments: Zinc futures rose above $2,660 today. Positive sentiment emerged following a US-China agreement concerning exports. Weak manufacturing demand in China kept pressure on zinc, with Shanghai prices hitting a multi-month low. Market Rally Fueled by Diplomatic Progress Commodity markets witnessed zinc futures advance by 0.43% on Wednesday to climb above the $2,660 mark. […]
Read moreJune 11, 2025 7:50 am
Spot Gold rose 0.5% on Wednesday, while holding above the $3,300 mark, as uncertainty over the finalization of a trade deal between the US and China spurred safe-haven demand. As per comments by US and Chinese officials, both parties established a framework that is set to revive the trade truce. As part of the deal, […]
Read moreJune 10, 2025 11:15 am
Key Moments: US Comex copper futures declined 1.2% to $4.8655 on Tuesday. London Metal Exchange copper rebound and rose by 1.1%. LME copper warehouse stocks dropped by another 2,000 tons to 120,400 tons. Trade Tensions Weigh on US Copper Market US copper prices slid by 1.21% to $4.8655 on Tuesday as investors remained cautious ahead […]
Read moreJune 10, 2025 7:44 am
Spot Gold was mostly stable on Tuesday, as investors were on watch for further developments in regard to trade talks between the US and China. Communication between the two countries appears constructive, as President Donald Trump has stated that he had “a very good phone call with President Xi Jinping” during which they discussed details […]
Read moreJune 9, 2025 10:35 am
Key Moments: Futures tied to WTI prices rose 0.42% on Monday and hit $64.85. Brent contracts advanced even further by climbing 0.45% to $66.77. OPEC and allied nations agreed to a July production increase of 411,000 barrels per day Commerzbank recently warned that gains may be limited due to a potential for further hikes in […]
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