Commodities News

Gold Edges Higher Near $4,800 as Inflation Fears Linger

Key Moments: XAU/USD attempts to recover from the $4,737-$4,738 area but struggles to hold above $4,800. Read more

Silver Stalls Near $80.50 as Gulf Tensions Stoke Fears

Key Moments XAG/USD traded around $80.50 per troy ounce during Asian hours on Monday, trimming but not erasing earlier losses. Read more

WTI Gains on US-Iran Tensions and Hormuz Supply Risks

Key Moments WTI trades near $86.70 during Asian hours on Monday as geopolitical tensions in the Strait of Hormuz intensify. Iran accuses the US of violating a ceasefire and promises retaliation after an alleged incident involving a commercial vessel. Market participants await Tuesday’s API inventory data, seen as a key gauge of near-term demand and […] Read more

WTI Falls Toward $80 as Hormuz Reopens to Traffic

Key Moments WTI Crude trades near $81.50 after a 9.12% intraday drop, reversing an earlier spike above $90. Iran declares the Strait of Hormuz fully open to commercial vessels for the remainder of the ceasefire period. Earlier ING estimates indicated about 13 million barrels per day of Oil supply had been disrupted by the blockade. […] Read more

Commerzbank: Oil Shock Milder Than 1970s Crises, Says Bank

Key Moments Commerzbank economists say the current drop in global oil production exceeds any supply shock of the past 50 years, yet price gains remain smaller than in the 1970s. Lower oil intensity in developed economies and the use of strategic reserves are cited as key factors limiting the hit to purchasing power and growth. […] Read more

Silver Steady as Traders Await US-Iran Talks

Key Moments Silver (XAG/USD) trades near $78.70 in a narrow range as markets await timing details on a second round of US-Iran talks. US President Donald Trump says a deal with Iran is “very close” and that Iran has “agreed to almost everything.” Pressure on the US Dollar and firmer dovish Federal Reserve expectations are […] Read more

ING Sees Aluminium Supply Tightness, Limited Price Downside

Key Moments ING Economics projects a structural deficit in the aluminium market, with a base case shortfall of around 2Mt if current disruptions ease only gradually. Capacity losses at Gulf smelters are now estimated at about 3 million tons annually, representing nearly 50% of regional production. Aluminium prices have surged about 13% since the end […] Read more

Spot Gold steadies, heads for fourth weekly gain

Spot Gold was mostly steady on Friday and was on course for a fourth consecutive weekly gain amid optimism about a potential US-Iran peace deal. US President Donald Trump said the next round of talks between the United States and Iran might take place over the weekend. In addition, a 10-day truce between Israel and […] Read more

Gold Near $4,800 as Geopolitical Forces Limit Moves

Key Moments XAU/USD trades near $4,800 in Asian hours, with little daily change. Tensions in the Strait of Hormuz support the USD. However, optimism over US-Iran talks and softer Fed expectations limit gains. Gold remains on track for a third weekly rise, despite pulling back from a recent high. Mixed Drivers Keep Gold Range-Bound Gold […] Read more

Spot Gold holds not far from 1-month high, Iran talks eyed

Spot Gold maintained ground near a 1-month high on Thursday on the back of a softer US Dollar and lower Treasury yields amid optimism about a potential end to the Middle East conflict. US President Donald Trump said that he believed the war with Iran may be coming to a conclusion soon, while the White […] Read more