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 remain in a very high range after hitting a new record high of around USD 58/oz and have risen more than 100% throughout 2025. This sharp rise is supported by three main factors: expectations that the Fed will cut interest rates this month, a weakening US dollar, and market concerns about supply. Many market participants view precious metals, including silver, as a safe haven when interest rates are expected to fall and economic uncertainty is increasing. At the same time, fundamental supply factors are also driving prices. Silver inventories in major global warehouses,...
Fundamentally, today's gold price movement is still dominated by expectations of a Fed interest rate cut and "risk-off" sentiment in global markets. Gold is currently hovering near a six-week high above $4,200 per troy ounce. Sentiment for gold today and the next few sessions will depend heavily on two key factors: the movement of the US dollar and the release of key US economic data (especially employment and inflation data such as the ISM and core PCE). If these data confirm an economic slowdown and the dollar remains weak, gold could potentially maintain its uptrend as real yields...
Silver prices surged sharply, briefly hitting an all-time high of $57.86 per ounce before stabilizing at $57.48. This increase was triggered by a weakening US dollar and risk-off sentiment that prompted investors to seek safe havens. Thin market liquidity following the CME shutdown last week also accelerated price movements, causing silver to rise faster than usual. Expectations of a Federal Reserve interest rate cut in December have also bolstered interest in silver as a safe haven. Dovish statements from Fed officials and weak US economic data have further strengthened the market's...
Gold prices climbed again, hitting a six-week high on Monday, December 1, driven by a weakening US dollar and growing investor appetite for safe-haven assets. Spot gold hit $4,240 per ounce, while December gold futures reached $4,276. Silver was even more striking, breaking an all-time high of $57.86 before stabilizing at $57.48 per ounce. A sell-off in US stock futures and falling crypto prices have made precious metals increasingly a risk-off destination. This rise was also fueled by strong expectations that the Fed will cut interest rates in December, following a series of dovish...
Fundamentally, Brent crude oil is trending higher today, hovering around USD 63 per barrel, continuing its rebound from its lows in recent weeks. The main catalyst was the OPEC+ meeting, which decided to maintain current production levels until at least the first quarter of 2026, rather than increasing supply to the market. This "hold-on" stance was interpreted by the market as an effort to prevent oversupply amid already high global inventories and a slowing demand outlook, thus supporting prices after previous pressure. However, looking at the bigger picture, Brent's trend throughout this...
Gold (XAU/USD) maintained its intraday gains near a two-week high heading into Friday's European session, with investors awaiting a sustained move. The increasing likelihood of a US Federal Reserve (Fed) interest rate cut in December proved to be a key factor continuing to benefit the non-yielding yellow metal. Source: Newsmaker.id
World oil prices are approaching their longest monthly decline since 2023. Brent is stable above $63 per barrel and WTI is around $59, with both expected to post a fourth consecutive month of declines in November. Pressure stems from expectations of a global oversupply after OPEC+ reopened production capacity, coupled with increased production from countries outside the alliance. JPMorgan estimates the market could experience a surplus of around 2.8 million barrels per day next year. Market focus is now on Sunday's OPEC+ meeting, which is likely to maintain its plan to temporarily halt...
Silver prices are currently trending in the gold direction, supported by expectations that the Federal Reserve will cut interest rates in the coming months. The prospect of lower interest rates typically benefits precious metals by suppressing bond yields and making non-interest-bearing assets like silver relatively more attractive. Furthermore, the recent weakening of the US dollar has also helped silver prices remain at relatively high levels, as the metal is traded in dollar denominations. From a fundamental perspective, silver has two main drivers: as a precious metal (a safe haven, an...
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....