Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more "noise" than signals of a short-term surplus. As of 3:50 PM WIB, Brent was at $69.60/barrel (+0.29%) and WTI was at $64.83/barrel (+0.31%). The gains were moderate, but enough to keep prices near the psychological $70 level for Brent. From a geopolitical perspective, market focus is on the potential for escalation in the Middle East. Recent reports...
Silver prices strengthened on Wednesday (November 19th) as investor interest in precious metals improved. In recent trading, silver (XAG/USD) rose slightly and regained ground above the US$51 per troy ounce level, after a correction in the previous few sessions. This strengthening occurred amid a market atmosphere that remains risk-off, as market participants await the release of US employment data (NFP) and the latest developments on expectations of a Fed interest rate cut in December. The probability of a rate cut has indeed decreased to around 40 percent, but the prospect of interest...
Gold prices strengthened again on Wednesday (November 19th) as investors sought safe-haven assets amid worsening risk sentiment. This increase was supported by weak US economic data, particularly labor market indicators, leading the market to re-increase expectations that the Federal Reserve will cut interest rates in December. The prospect of lower interest rates pressured US bond yields and bolstered the appeal of non-coupon gold. Source: Newsmaker.id
Oil prices fell slightly after a report showed a sharp rise in US crude stockpiles. Brent for January delivery was trading at around US$64.6 per barrel, while WTI for December was around US$60.4. Data from the American Petroleum Institute showed an increase in inventories of around 4.4 million barrels, which could push US oil stocks to their highest level in more than five months, although the market is also still monitoring the impact of Western sanctions on Russian producers Rosneft and Lukoil.Trendwise, oil has weakened this year due to concerns that global supply will exceed demand. The...
Gold prices weakened to around $4,060 per ounce on Wednesday, paring some of the gains recorded in the previous session. This movement occurred as investors opted for caution ahead of the release of two important data points from the United States: the minutes of the Federal Reserve's (FOMC) meeting, released today, and the employment report, due Thursday. Both releases are expected to provide clearer clues regarding the future direction of interest rates. Several delayed US economic data began to be released again after the government shutdown ended. Claims for unemployment benefits rose...
Silver gained slightly during the European session on Tuesday (November 18th), driven by safe-haven demand amidst the economy and investor confidence in the possibility of a Fed interest rate cut. Rising gold prices also supported silver, as many investors shifted part of their portfolios to the more affordable precious metal. Furthermore, fundamental factors are strengthening silver's momentum: continued strong industrial demand, particularly from the renewable energy and electronics sectors. Compared to other instruments, silver is now starting to attract interest from medium- to...
Brent crude oil fell on Tuesday (November 18th) due to concerns about a global oversupply. An IEA report shows that global oil production is expected to grow by around 3.1 million barrels per day in 2025, while demand growth remains slow. Furthermore, signals from OPEC+ that plans to increase production also add to the supply burden. On the other hand, despite geopolitical risks such as sanctions against Russia, the market is currently more focused on the fundamentals of supply and demand. Sanctions against Russia do create uncertainty, but they are not enough to offset the existing excess...
Silver is strong as the global market faces a fifth consecutive year of structural deficits. According to the Silver Institute, although supply is expected to increase slightly by around 1%, overall demand is projected to decline by -4%. This deficit is primarily driven by increased investment allocations to silver ETPs, with investors targeting silver as a hedge against geopolitical and macroeconomic risks. On the industrial front, demand for silver remains high as a vital component of green technology, particularly in the electronics, electric vehicle, and solar panel sectors. However,...
Silver prices (XAG/USD) were stable around $50.84 per ounce on November 17, 2025, up slightly after last month's correction. Sentiment was supported by the fact that the overall precious metals market was under scrutiny following various delayed US economic data. Investor interest in silver remains high as global supply is expected to be in deficit for the fifth consecutive year, strengthening the potential for long-term upside. However, the market is also cautious. Although documentation suggests that silver prices could reach their medium-term target above $53 per ounce, the potential for...
Gold rises in the early Asian trade. There's a broad commodities uptrend, driven by macro uncertainty, a weaker dollar, and persistent demand for "hard" assets, says Fawad Razaqzada, market analyst...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....