April 21, 2026 11:24 am
Key Moments TD Securities observes Brent crude trading in a $90-100 per barrel range since the ceasefire began. The firm’s base case for prices to remain slightly above $90 per barrel is currently aligning with market behavior. Uncertainty around developments in the Middle East and the status of the Strait of Hormuz continues to guide […]
Read moreApril 21, 2026 7:03 am
Spot Gold extended a pullback from a 1-month high on Tuesday as market players waited for more clarity over US-Iran peace talks following reignited tensions over the weekend. According to a report by Reuters, Iran is considering taking part in peace talks with the United States in Pakistan after Islamabad efforts to end a US […]
Read moreApril 21, 2026 6:47 am
Key Moments Gold (XAU/USD) extends its slide below $4,800 during Tuesday’s European trade, erasing much of Monday’s rebound from a one-week low. Heightened inflation fears tied to Iran-related supply risks support U.S. bond yields and the USD, pressuring the non-yielding metal. Fed rate cut expectations of roughly 45-50% by year-end and a still-bullish technical setup […]
Read moreApril 21, 2026 6:25 am
Key Moments WTI trades around $86.00 in Tuesday’s Asian session as geopolitical tensions between the US and Iran support prices. Traders watch for potential US-Iran talks in Islamabad and closely monitor statements from both sides amid a looming ceasefire deadline. Market participants await Tuesday’s American Petroleum Institute crude inventory report for fresh signals on US […]
Read moreApril 21, 2026 6:13 am
Key Moments Silver (XAG/USD) has been trading in a sideways range around the mid-$79.00s for a second straight day during the Asian session. The metal remains above the 200-period SMA and the 50% retracement of the March decline, but last week’s rejection at the 61.8% Fibonacci level signals fading bullish momentum. Key support is clustered […]
Read moreApril 20, 2026 1:52 pm
Key Moments Aluminum prices briefly dropped more than 5.5% after Iran said it would keep the Strait of Hormuz open during a 10-day ceasefire. Renewed closure of the Strait and disruptions at key Middle East smelters have pushed the aluminum market into structural deficit. Capacity losses of nearly 3 mtpa in the Middle East could […]
Read moreApril 20, 2026 1:37 pm
Key Moments Copper prices retreated from January highs near $6.58 but have been holding around $6.00 after bouncing from $5.24. July copper futures are tightly correlated with several past 4-year periods and show a 93% historical tendency to trade lower around June 19 than on April 28 over the last 15 years. Technical, seasonal, and […]
Read moreApril 20, 2026 11:45 am
Spot Silver pulled back from a 1-month high on Monday, in unison with Gold, on the back of a firmer US Dollar, as reports the Strait of Hormuz has been closed again drove oil prices higher, stoking inflation concerns and adding to prospects of further central bank interest rate hikes. Heightened tensions in the key […]
Read moreApril 20, 2026 8:24 am
Key Moments Brent crude has recovered to USD 95/bbl as tensions rise between the US and Iran around the Strait of Hormuz. Iran’s shifting stance on access to the Strait and continued US blockade enforcement have heightened geopolitical risk and price volatility. Danske Bank warns that if flows through the Strait do not restart, Brent […]
Read moreApril 20, 2026 7:46 am
Spot Gold pulled back from a 1-month high on Monday on the back of a firmer US Dollar, as reports the Strait of Hormuz has been closed again drove oil prices higher, stoking inflation concerns and adding to prospects of further central bank interest rate hikes. Heightened tensions in the key shipping corridor weighed on […]
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