Gold Bears Stay in Control, Near $4,060 as Investors Await High-Stakes US Jobs Report
Gold Bears Stay in Control, Near $4,060 as Investors Await High-Stakes US Jobs Report HG MARKETS: Gold (XAU/USD) remains under selling pressure, trading near the $4,060 level during the early European session on Monday. The precious metal continues to struggle as investors weigh easing geopolitical concerns surrounding the United States and Iran alongside growing expectations […]
Oil Extends Losses as Strait of Hormuz Flows Normalize and Supply Concerns Ease
Oil Extends Losses as Strait of Hormuz Flows Normalize and Supply Concerns Ease HG MARKETS: Oil prices continued their downward trajectory on Thursday, marking a fourth consecutive session of declines as concerns surrounding Middle East supply disruptions eased further. Improved shipping activity through the Strait of Hormuz, coupled with expectations of recovering Iranian oil exports, […]
XAG/USD Slides to Six-Month Low Below $61 as Hawkish Fed Expectations Strengthen
XAG/USD Slides to Six-Month Low Below $61 as Hawkish Fed Expectations Strengthen HG MARKETS: Silver prices extended their downward trajectory on Wednesday, with XAG/USD dropping to a fresh six-month low near $60.74 during the Asian trading session. The white metal has remained under intense selling pressure as investors increasingly believe that the Federal Reserve will […]
USD/JPY Holds Near 40-Year High as Yen Weakness Persists Despite Intervention Warnings
USD/JPY Holds Near 40-Year High as Yen Weakness Persists Despite Intervention Warnings HG MARKETS: USD/JPY remained firmly bid above the 161.00 level on Friday after a fresh wave of buying pushed the pair to 161.80 on Thursday, just shy of the four-decade high of 161.95 recorded in June 2024. The pair has maintained a strong […]
U.S.-Iran Peace Framework Reopens Strait of Hormuz, Sending WTI Crude Futures Lower
U.S.-Iran Peace Framework Reopens Strait of Hormuz, Sending WTI Crude Futures Lower HG MARKETS: West Texas Intermediate (WTI) crude oil futures are on track for a steep weekly decline of over 7%, hovering near their lowest levels since early March. This dramatic downward pressure stems directly from the rapid implementation of the 14-point interim peace […]
Gold Holds Gains as Easing US- Iran Tensions Reduce Inflation Concerns; Fed in Spotlight
Gold Holds Gains as Easing US- Iran Tensions Reduce Inflation Concerns; Fed in Spotlight HG MARKETS: Gold prices were little changed on Wednesday after posting gains in four straight sessions. An interim peace agreement between the United States and Iran helped alleviate concerns over energy-related inflation, while investors remained focused on the Federal Reserve’s policy […]
Silver Soars 4% as US-Iran Peace Deal and Hormuz Reopening Trigger Oil Selloff
Silver Soars 4% as US-Iran Peace Deal and Hormuz Reopening Trigger Oil Selloff HG MARKETS: Silver prices surged sharply in Asian trading on Monday, with XAG/USD rising nearly 4% to around $70.80. The rally in the white metal was largely driven by a significant shift in global risk sentiment following developments in the Middle East. […]
US Stock Futures Hold Steady as Iran Peace Uncertainty Tempers Optimism and SpaceX Prepares for Historic Market Debut
US Stock Futures Hold Steady as Iran Peace Uncertainty Tempers Optimism and SpaceX Prepares for Historic Market Debut HG MARKETS: US stock index futures traded cautiously on Friday as investors weighed conflicting signals surrounding potential peace negotiations between the United States and Iran, while also preparing for the highly anticipated market debut of SpaceX following […]
Middle East Tensions Clashing with Historic Global Inventory Drops Keep WTI Near $88
Middle East Tensions Clashing with Historic Global Inventory Drops Keep WTI Near $88 HG MARKETS: WTI crude oil futures fluctuated around the flat line on Wednesday, trading near $88.19 a barrel after gaining approximately 1% in early trading to reach $88.97. Despite a fresh round of military strikes between the United States and Iran, the […]
Bullion Under Pressure: Rising Rate Expectations Push Gold to Multi-Month Low
Bullion Under Pressure: Rising Rate Expectations Push Gold to Multi-Month Low HG MARKETS: Gold prices extended their decline on Monday, slipping below $4,300 per ounce and touching their lowest level in more than two months. The precious metal remained under pressure as investors balanced escalating geopolitical tensions in the Middle East against a growing expectation […]