June 9, 2025 9:04 am
Spot Silver held close to a fresh 13-year high of $36.44 on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will helm their respective delegations in the […]
Read moreJune 9, 2025 7:23 am
Spot Gold hovered just above a 1-week low of $3,293.50 per troy ounce on Monday ahead of another round of US-China trade negotiations. After a phone call between US President Donald Trump and Chinese President Xi Jinping last week, top negotiators from the US and China are expected to meet in London later on Monday. […]
Read moreJune 6, 2025 2:38 pm
Key Moments: Today’s trading saw Brent crude futures advance 1.35% to $66.22 per barrel, while WTI jumped 1.6% to $64.38. Oil benchmarks were poised for weekly gains of nearly 6% amid optimism over US-China trade prospects. Wildfires in Canada added to the momentum of crude prices. Oil Markets Rebound on Trade Negotiation Optimism Crude oil […]
Read moreJune 6, 2025 10:27 am
Key Moments: During Friday’s trading session, Dutch TTF gas futures rose 0.84% while UK NBP Natural Gas contracts advanced by 1%. However, both benchmarks eventually retreated. Norwegian exports increased by 16 mcm/d as operations commenced at two fields following maintenance. European gas storage was recorded at 49.9% full, far below last year’s level. Futures Suffer […]
Read moreJune 6, 2025 6:51 am
Spot Silver held just below an intraday high of $36.18 on Friday, its strongest price level since February 29th 2012, as weak US macro data and a dovish Federal Reserve outlook continued to underpin safe-haven demand. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with […]
Read moreJune 5, 2025 9:00 am
Spot Silver held close to a 32-week high of $34.79 on Thursday, as rising economic uncertainty underpinned safe-haven assets. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. The data added to expectations that the […]
Read moreJune 5, 2025 6:58 am
Spot Gold held in proximity to a 1-month high of $3,392.30 per troy ounce on Thursday, as market players continued to grapple with rising economic uncertainty. The latest data sets out of the US revealed a contraction in activity in the services sector, coupled with the slowest private payrolls growth since March 2023 in May. […]
Read moreJune 4, 2025 1:13 pm
Key Moments: Spot gold edged 0.2% higher to around $3,360 during Wednesday’s trading session. US job openings increased in April while layoffs reached a nine-month high. This week’s US non-farm payrolls report is poised to shed more light on the Federal Reserve’s potential direction for interest rate adjustments. Markets Balanced Between Economic Indicators and Geopolitical […]
Read moreJune 4, 2025 12:46 pm
Key Moments: Chicago Board of Trade (CBOT) agriculture futures rose on Wednesday, with the corn benchmark in particular jumping by almost 1.4%. Market sentiment was affected by increased tensions between Ukraine and Russia, along with expectations of improved export opportunities. Favorable weather conditions in the US continued to exert pressure on grain price movements. Markets […]
Read moreJune 3, 2025 2:04 pm
Key Moments: WTI and Brent crude futures have advanced 0.88% and 0.84%, respectively. Production cuts totaling 274,500 barrels per day reported from Canadian operators due to wildfires OPEC+ moved forward with an additional 411,000-barrels-per-day output hike for July. Supply Pressures Boost Energy Markets Oil prices extended gains early Tuesday, supported by mounting supply constraints and […]
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