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 prices are still struggling to turn an intraday rebound into a sustained rally. After briefly falling to $4,654 (a four day low) and rebounding, prices were again rejected near $4,900. In the European session on Friday (February 6), spot gold was trading around $4,859 per ounce. Today's gold rally came from a shift in global risk sentiment. As stock markets moved erratically and investors tended to be defensive, capital flows to safe-haven assets returned and gold was the beneficiary. At the same time, signs of weakness in the US labor market maintained market expectations that the Fed...
Oil prices moved slightly higher in a volatile session on Friday, as investors assessed the direction of nuclear negotiations between the United States and Iran. Price movements appeared sensitive to every headline, reflecting a market that remains "vulnerable to change direction" amid geopolitical tensions. In New York, West Texas Intermediate (WTI) traded above $63 per barrel. The market briefly rallied after Iranian Foreign Minister Abbas Araghchi called the negotiations a "good start." However, the euphoria was short-lived, as a Wall Street Journal report indicated that Tehran still...
Gold struggled to recover on Thursday (February 5th), despite signs of weakness emerging from US jobs data. The primary reason: the US dollar continued to strengthen (or at least held strong), thus unabated pressure on the precious metal. The initial trigger came from the sharp decline in JOLTS Job Openings data. The December 2025 release showed job openings at 6.542 million, well below the estimated 7.200 million. Normally, such a weak figure provides room for gold to strengthen as the market begins to anticipate lower interest rates. However, this time the effect was restrained because...
Oil prices fell again on Thursday (February 5th) after Iran confirmed it would open negotiations with the United States. This assurance of dialogue eased market concerns over the risk of a direct military strike against Iran, a major producer in OPEC, leading to some risk premiums being released. Brent oil weakened by around 2% to around $67 per barrel, after rallying nearly 5% in the previous two sessions. Meanwhile, WTI fell further, around 2.5% to around $63 per barrel. Abbas Araghchi confirmed the schedule for talks in Oman on Friday, helping to ease short-term geopolitical...
Gold is maintaining its strength after a sharp fall from its record high. After "buy the dip" buyers stepped in during the price drop, selling pressure began to ease and gold's movement stabilized. In early trading, gold bullion was around $4,950 per ounce after surging more than 6% in the previous session. The boost came from a return to risk on market sentiment and a weakening US dollar. Silver also tended to be subdued. Despite this, gold remains about 12% below its record high set on January 29, but is still up nearly 15% year to date. This signals that the rally may have been...
Oil prices rose for the second consecutive day after US-Iran tensions resurfaced. The trigger: the US reportedly shot down an Iranian drone near an American aircraft carrier in the Arabian Sea an event that immediately put the market on alert. The West Texas Intermediate contract moved closer to $64 per barrel, after surging 1.7% on Tuesday. Meanwhile, Brent Crude closed above $67, indicating market sentiment is shifting toward a risk-on scenario. Despite the initial "shock" to the market, the tensions have not yet escalated into a major escalation. Donald Trump emphasized that diplomacy...
Gold (XAU/USD) began attracting buyers on Tuesday after a sharp two-day fall that briefly touched the $4,400 area its lowest level since January 6. This recovery was aided by a slight weakening of the US dollar, moving away from its more than one-week peak reached on Monday. However, the dollar's strength is likely to persist. Donald Trump's appointment of Kevin Warsh as the next Federal Reserve Chair coupled with solid US manufacturing data is seen as encouraging the Fed to remain cautious about lowering interest rates. This combination tends to act as a drag on gold's momentum. On the...
Oil prices edged higher in the Asian session on Tuesday (February 3rd) after plummeting sharply the previous day. Brent crude for April rose 0.2% to US$66.42/barrel, while WTI rose 0.3% to US$61.90/barrel the market is beginning to calm down as geopolitical risk premiums diminish. The main trigger : the US and Iran scheduled to resume nuclear talks this week in Turkey, with meetings leading up to Friday's session in Istanbul between US envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi. News of these negotiations has exposed market concerns about the potential for regional...
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....