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...
Gold, silver, and platinum surged to all-time highs, extending a historic year-end rally for precious metals, supported by rising geopolitical tensions, a weaker U.S. dollar, and thin market liquidity. Spot gold prices rose as much as 1.2% to a peak above $4,530 an ounce on Friday. Spot silver for immediate delivery rose for the fifth consecutive session, climbing as much as 5% to surpass $75 an ounce. Tensions in Venezuela, where the U.S. has blocked oil tankers and increased pressure on the government of Nicolás Maduro, have added to the appeal of precious metals as a safe-haven asset....
Oil prices dipped in sluggish post-Christmas trading as investors assessed progress in long-stalled Ukraine peace talks, which could lead to a deal that would allow more Russian oil into a global market grappling with oversupply. West Texas Intermediate crude fell slightly on Friday to around $58 a barrel, though still on track for its biggest weekly gain since late October, while Brent crude hovered below $62. Ukrainian President Volodymyr Zelenskiy said he hoped to meet with U.S. President Donald Trump in Florida on Sunday about ending Russia's war, adding that the framework of his...
A Bloomberg gauge for the dollar is headed for its worst week since June, and US Treasury bonds are rising as traders await data due early next month to confirm expectations of further Federal Reserve interest rate cuts in 2026. With trading subdued due to the holiday this week and markets in the UK closed on Friday, investors' attention is largely focused on key US economic reports expected in the first few weeks of January. The December jobs report and consumer inflation figures, in particular, will help determine the Fed's next move after officials lowered borrowing costs this month for...
Silver prices are currently trading above $74,579 per ounce during the American session on Friday (December 26th), extending the remarkable rally that began several months ago. This increase is part of a bullish trend that is increasingly evident, as rising geopolitical tensions and a weakening US dollar provide support for the precious metal. Silver has shown exceptional performance, with impressive price surges. One of the main factors driving silver prices is ongoing speculation, coupled with ongoing supply dislocations in major trading centers. After experiencing a major short squeeze...
Gold prices rose to another an all time high of $4,530 per ounce on Friday, on strong safe-haven demand amid mounting geopolitical tensions and expectations of US interest rate cuts. Investor focus remains on the ongoing US blockade of crude shipments from Venezuela, continued hostilities between Russia and Ukraine, and a recent military strike by Washington against ISIS in Nigeria. Meanwhile, markets continue to price in two quarter-point rate cuts by the Federal Reserve next year as inflation cools and labor market conditions soften, even as Fed officials remain divided on the path...
Gold (XAU/USD) started the year on a bullish note and registered impressive gains in the first quarter. Following a consolidation phase during the summer months, the precious metal surged higher in the third quarter and reached an all-time record high of $4,381 in October. Although XAU/USD corrected lower, buyers refused to hand over the reins heading into the holiday season. Throughout 2025, Gold set over 50 record peaks and rose more than 60%, becoming one of the best-performing commodities of the year. A combination of fundamental factors fuelled the precious metal's relentless advance,...
As we approach December 26, 2025, the US dollar's movement presents an interesting yet questionable situation. Globally, the dollar remains under pressure after experiencing significant weakness throughout the year. The dollar index (DXY) is trending downward as markets become increasingly confident that the Federal Reserve will continue its interest rate cut policy. This expectation has driven down US bond yields, thus reducing the dollar's attractiveness as a high-yielding asset compared to other major currencies. In terms of monetary policy, market sentiment remains dovish. Market...
Silver prices continued to set new record highs, rising 2.7% to $73.78 per ounce, marking their fifth consecutive session of gains. This rise was driven by speculative inflows and ongoing supply imbalances stemming from the historic short squeeze in October. Meanwhile, gold also approached its record high above $4,525 per ounce set last Wednesday, driven by escalating geopolitical tensions, particularly in Venezuela, where the US has blocked oil tankers. In addition to tensions in Venezuela, the US has launched an offensive against terrorist groups in Nigeria, adding to global tensions and...
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....