March 21, 2025 12:10 pm
Key moments WTI crude futures have risen approximately 0.60% within the last five trading days. Iranian oil exports face potential cuts of up to 1 million barrels per day as a result of new U.S. sanctions, which have broadened to include a Chinese refining company. OPEC+ announces additional monthly production cuts to offset past overproduction, […]
Read moreMarch 21, 2025 8:51 am
Spot Gold eased from a record high of $3,057.21 per troy ounce on Friday, but looked set for a third consecutive weekly advance on prospects of Fed interest rate cuts by the end of 2025 and as geopolitical and economic uncertainty buoyed safe haven assets. The Federal Reserve kept its federal funds rate target range […]
Read moreMarch 20, 2025 1:08 pm
Key moments U.S. natural gas futures remain above $4.10 per mmBtu. Increased demand from global markets, facing supply issues and geopolitical tensions, supports upward pressure on U.S. gas futures. Below-average storage levels raise supply concerns, but reduced demand forecasts may ease pressure. Nat Gas Futures Show Resilience Post-Rally Thursday saw U.S. natural gas futures maintaining […]
Read moreMarch 20, 2025 9:27 am
Spot Silver extended a pullback from recent 20-week high of $34.24 on Thursday, while the US Dollar rose for a second day, as market players assessed the latest Fed policy decision. The Federal Reserve flagged two potential interest rate cuts by the end of 2025 amid expectations of slower GDP growth and higher inflation. The […]
Read moreMarch 20, 2025 7:46 am
Spot Gold extended its rally to a fresh record high of $3,057.21 per troy ounce on Thursday, after the Federal Reserve flagged two potential interest rate cuts by the end of 2025, further heightening the appeal of the safe haven metal. The Fed kept its federal funds rate target range without change at 4.25%-4.50% at […]
Read moreMarch 19, 2025 9:51 am
Spot Silver pulled back from a 20-week high on Wednesday, as the US Dollar recovered from a five-month low ahead of the outcome of the Federal Reserve’s policy meeting. A firmer US Dollar makes dollar-priced Silver less appealing to investors holding other currencies. Market players now focused on the outcome of the Federal Reserve’s two-day […]
Read moreMarch 19, 2025 7:49 am
Spot Gold extended its rally to yet another record high of $3,045.41 per troy ounce on Wednesday, as geopolitical developments in the Middle East and global trade fears underpinned safe haven demand ahead of the outcome of the Federal Reserve’s policy meeting. Israel delivered a series of air strikes upon Gaza, leading to the death […]
Read moreMarch 19, 2025 7:43 am
Key moments US crude inventories experience an unexpected rise, as reported by industry data. Brent nears $70, whereas West Texas Intermediate hovers around $66. Ongoing trade disputes contribute to a risk-off sentiment in financial markets. Geopolitical tensions persist, with US and Russian stances diverging on regional conflicts. Fluctuations in Oil Prices Reflect Market Uncertainties Oil […]
Read moreMarch 18, 2025 9:42 am
Spot Silver registered a fresh 20-week high on Tuesday, as heightened geopolitical risks prompted a rush to safe haven assets. The Israeli Defense Forces initiated a series of strikes overnight after Hamas refused to release hostages as part of a ceasefire agreement. The truce between Israel and Hamas lasted for just a few weeks. In […]
Read moreMarch 18, 2025 9:19 am
Key moments U.S. natural gas futures saw a significant 2% drop on Monday, with further declines observed on Tuesday. A combination of record-breaking domestic gas production and forecasts of unseasonably warm temperatures through early April are the primary factors behind the recent decrease in price. European natural gas markets also experienced volatility, with European futures […]
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