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...
Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia. Brent crude futures settled 31 cents, or 0.5%, higher at $62.38 a barrel. U.S. West Texas Intermediate crude was up 37 cents, or 0.64%, at $58.38. Prices had risen by more than 2% on Monday, with Brent registering its biggest daily gain in two months and WTI climbing the most since November 14. The U.S. economy grew faster than expected, driven by robust consumer spending, the Commerce Department's Bureau of Economic...
Silver prices continued to soar, reaching $72.22 per ounce on December 24, 2025, setting a new all-time high in the precious metals market. This surge reflects strong demand from both the investment and industrial sectors, as well as expectations that global monetary policy will loosen further in the future. Investors are increasingly turning their attention to silver as a safe haven asset amid geopolitical and economic uncertainty. Global demand for silver, particularly from the renewable energy, electronics, and automotive sectors, is increasing. Furthermore, geopolitical tensions and...
The Australian Dollar (AUD) continued to strengthen against the US Dollar (USD) on Wednesday, posting gains for the third consecutive day. The AUD's strength was driven by the release of the Reserve Bank of Australia (RBA) Meeting Minutes, which indicated growing doubts that Australia's monetary policy remains sufficiently tight. This reinforced expectations that the Reserve Bank of Australia (RBA) will raise interest rates in February 2026. Australian inflation rose to 3.8% in October 2025, slightly higher than the previous month's 3.6% and remaining above the RBA's target range of 2-3%....
Oil prices continued their five-day rally on Tuesday (December 23), as traders weighed rising geopolitical tensions and higher inventory data. West Texas Intermediate (WTI) traded around $58 per barrel, after posting a nearly 6% gain in the previous five sessions, while Brent closed above $62 per barrel. One factor driving oil prices is the US action against Venezuela, which is currently pursuing a third oil tanker off the coast of the country. The US government is increasing pressure on the government of Nicolás Maduro, exacerbating tensions in the region and adding uncertainty to the oil...
Gold prices rose to a record high, breaking through $4,500 an ounce for the first time, amid rising tensions in Venezuela and expectations of further US interest rate cuts next year. Bullion prices rose more than 0.5%, extending their three-day rally. Tensions in Venezuela, where the US has blocked oil tankers, have boosted the precious metal's appeal as a safe-haven asset as it heads for its best annual performance since 1979. Traders are also betting that the US Federal Reserve will continue its three consecutive interest rate cuts by lowering borrowing costs again next year, which would...
Oil prices closed higher on Tuesday (December 24th) as investors assessed stronger-than-expected US economic growth and the risk of oil supply disruptions from Venezuela and Russia. Brent crude futures closed up 31 cents, or 0.5%, at $62.38 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 37 cents, or 0.64%, to $58.38. Prices had risen more than 2% on Monday, with Brent posting its biggest daily gain in two months and WTI rising the most since November 14th. The U.S. economy grew faster than expected, driven by strong consumer spending, the Commerce Department's Bureau of...
Gold and silver rallied to fresh all-time highs on escalating geopolitical tensions and prospects for more US rate cuts. Spot silver rose as much as 3.6% to trade above $70 an ounce for the first time. Gold was near $4,500 an ounce, extending gains after its biggest one-day jump in more than a month. Traders are betting the Federal Reserve will follow three straight interest-rate cuts by lowering the cost of borrowing again next year, which would be a tailwind for non-yielding precious metals. Gold's haven appeal has also been amplified in the last week by rising geopolitical...
Silver extended its record rally on Tuesday, reaching the key $70 an ounce mark, while gold pared gains after hitting an all-time high as stronger-than-expected US economic data triggered a decline. Spot silver rose 0.7% to $69.48 an ounce after hitting a record high of $70.66 earlier. Prices are up 123% since the start of the year. "It's essentially the supply and demand realities in a market that's been in deficit for five years, along with rising industrial demand. The safe-haven aspect, expectations of a weaker dollar, and lower yields are all part of that equation," said Peter Grant,...
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....