January 16, 2026 1:13 pm
Key Moments Brent crude rose 79 cents, or 1.24%, to $64.55 a barrel by 1151 GMT, extending its push toward a fourth straight weekly gain. U.S. West Texas Intermediate climbed 74 cents, or 1.25%, to $59.93, after both benchmarks hit multi-month highs earlier this week. Analysts continue to flag geopolitical risks tied to Iran and […]
Read moreJanuary 16, 2026 8:47 am
Key Moments Silver (XAG/USD) falls for a second straight session, trading near $91.00 on Friday in Europe. Improving risk sentiment and easing concerns about geopolitics and Fed independence reduce safe-haven demand for Silver. US Initial Jobless Claims drop to 198K, reinforcing expectations that the Fed will keep rates steady at its January 27-28 meeting. Market […]
Read moreJanuary 16, 2026 8:06 am
Key Moments Spot gold dipped 0.1% to $4,608.55 an ounce, staying below Wednesday’s record high of $4,642.72/oz. Stronger-than-expected U.S. initial jobless claims reinforced expectations that Federal Reserve rates may remain elevated for longer. Easing geopolitical tensions around Iran and a stronger U.S. dollar pressured safe-haven demand across precious and industrial metals. Gold Trades Just Under […]
Read moreJanuary 16, 2026 7:27 am
Key Moments Brent slipped to $63.55 per barrel and U.S. West Texas Intermediate to $59.04 per barrel in Asian trading at 0418 GMT. Prices pulled back after U.S. President Donald Trump indicated he would hold off on potential military strikes on Iran. Analysts highlighted comfortable supply conditions and projected range-bound Brent trading between $57 and […]
Read moreJanuary 15, 2026 12:54 pm
Key Moments LME copper prices have jumped 23% since November, moving above $13,000, which Goldman Sachs attributes largely to speculative inflows. Earlier 2025 copper gains were linked to the US dollar, China growth expectations, and ex-US tightness, but Goldman Sachs says these drivers are not behind the latest move. Goldman Sachs still expects a refined […]
Read moreJanuary 15, 2026 11:04 am
Key Moments Crude benchmarks fell over 2% in early Asian trading as supply disruption fears eased and U.S. crude stocks rose by 3.4 million barrels to 422.4 million. Natural gas hovered near $3.17 after repeated failures above $3.38, with technicals signaling ongoing downside pressure within a broader bearish channel. WTI and Brent both turned lower […]
Read moreJanuary 15, 2026 9:47 am
Spot Silver pulled back from a record high level of $93.56/oz. on Thursday, after the Trump administration abstained from imposing new tariffs targeting imports of critical minerals. Additionally, profit-taking activity also contributed to the pullback in prices. US President Donald Trump said that he would seek to negotiate agreements with trading partners to ensure the […]
Read moreJanuary 15, 2026 8:40 am
Key Moments Macquarie estimates that silver-lead-zinc now represents 40% of South32’s net present value by commodity, matching aluminium and alumina combined. Hermosa’s Taylor deposit is approved for US$2.2 billion in capital expenditure, with first production targeted in the first half of 2027 and an initial mine life of 28 years. UBS forecasts higher silver prices, […]
Read moreJanuary 15, 2026 8:12 am
Spot Gold eased from recently achieved all-time high of $4,642.72/oz. on Thursday, as market players likely booked profits after recent rally. A technical correction may have also taken place, as Gold prices have reached too far, too fast, as indicated by the 14-day Relative Strength Index (RSI). Despite the pullback, the yellow metal remained within […]
Read moreJanuary 15, 2026 7:47 am
Key Moments Brent and WTI futures fell nearly 3% in Asian trading, ending a five-day winning streak after recent double-digit gains. Comments from U.S. President Donald Trump on Iran and Venezuela eased fears of imminent supply disruptions and reduced the geopolitical risk premium. U.S. EIA data showed a 3.4 million-barrel crude inventory build and a […]
Read more