Gold remains supported by global economic data that reinforces expectations of an interest rate cut by the US Federal Reserve, reducing real yields and increasing gold's appeal as a safe-haven asset. Following the latest lower-than-expected US inflation figures, the dollar weakened slightly and bond yields fell, which traditionally makes gold more attractive to global investors. However, gold is moving cautiously due to the dollar's recent strength and market sentiment being sensitive to subsequent US economic data. Demand for physical gold and interest from central banks remains strong,...
Silver prices are showing a very strong trend today. Silver prices remain near all-time highs, driven by expectations of interest rate easing in the US and strong investor demand for this precious metal as an alternative asset amid economic uncertainty. Furthermore, the silver market is experiencing a prolonged supply deficit—where demand is structurally greater than global production—which continues to support silver prices fundamentally. On the demand side, demand for silver from the industrial sector remains strong due to its widespread use in solar panels, electric vehicles, 5G, and...
Brent prices remain under pressure and are headed for a second weekly decline, as the market focuses more on the risk of oversupply than potential supply disruptions. Brent is hovering below $60/barrel (down by >2% in a week), while WTI is hovering around $56/barrel—reflecting the sentiment of "supply is plentiful, demand is not yet strong enough." The main concern stems from the view of major traders that the market could potentially be in surplus by early 2026. Trafigura even estimates that Brent could remain in the $50s until mid-2026 if there are no major disruptions or significant...