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 slid more than 3% toward $76 per ounce on Monday, pressured by profit-taking after an end-of-year rally that notched a fresh record of $81. Investors are also weighing geopolitical developments, following President Donald Trump's comments that peace talks with Ukrainian President Volodymyr Zelenskiy have made "a lot of progress," though a deal may still take weeks. He added he is open to addressing Ukraine's parliament, holding trilateral talks with Zelenskiy and Russian President Vladimir Putin, and meeting European leaders in January. Despite the retreat, silver is on track for...
Gold prices (XAU/USD) weakened slightly in the Asian session on Monday, after previously breaking a new record. This weakening occurred as market participants began taking profits ahead of the year-end holidays, when market liquidity was thin. Gold briefly touched a record high of around $4,550 per ounce, but then corrected. In addition to profit-taking, a strengthening US dollar could also pressure gold by making it more expensive for buyers outside the US. Despite the short-term decline, the broader trend remains strong. Gold has surged nearly 70% through 2025, its best annual...
The USD/JPY pair weakened in Asian trading on Monday, hovering around 156.20 and briefly approaching 156.00. This weakening occurred after the Japanese Yen (JPY) strengthened, following signals from the Bank of Japan (BoJ) reinforcing expectations of continued policy tightening in 2026. In the Summary of Opinions from the BoJ's December policy meeting, several members argued that interest rate hikes needed to be gradual to avoid "falling behind the curve." Some members also emphasized that Japan's real interest rates remain among the lowest in the world, thus allowing room for rate hikes,...
Gold prices fell slightly on Monday, returning below $4,500 per ounce, retreating slightly from record levels. This decline is considered normal, as some market participants are taking profits after a long rally. In addition to profit-taking, the market is also digesting the latest geopolitical developments. US President Donald Trump said peace talks with Ukrainian President Volodymyr Zelenskiy have made "a lot of progress," but he believes an agreement could still take several weeks. Trump also said he is open to speaking in the Ukrainian parliament if necessary, is considering three-way...
Silver prices surged to a new record, breaking through $80 per ounce for the first time, extending a strong rally heading into the end of the year. This rise marked a historic moment, as silver has moved very aggressively in recent sessions. The white metal rose for the sixth consecutive session and has gained about a quarter (±25%) in that period—the largest six-day gain in data dating back to 1950. The latest surge was driven by speculative fund inflows, coupled with supply disruptions still felt in several major trading centers following the short squeeze in October. Throughout the...
Crude oil prices strengthened towards the end of the year, supported by hopes of better demand from China and a commodity rally that helped lift market sentiment. Brent has returned above $61 per barrel, while WTI is hovering around $57 per barrel. This increase comes after China signaled continued support for growth next year. In a statement by the Chinese Ministry of Finance on Sunday, Beijing said it would expand its fiscal spending base in 2026, indicating the government remains ready to stimulate the economy through stimulus and spending. On the geopolitical front, oil prices...
Silver broke through $77 for the first time on Friday (December 26th), while gold and platinum hit record highs, driven by expectations of a US Federal Reserve interest rate cut and geopolitical tensions fueling demand for safe-haven assets. Spot silver jumped 7.5% to $77.30 an ounce, as of 1:53 PM ET (1853 GMT), after hitting an all-time high of $77.53 earlier today, marking a 167% year-to-date surge driven by supply deficits, its designation as a US essential mineral, and strong investment inflows. Spot gold rose 1.2% to $4,531.41 an ounce, after hitting a record high of $4,549.71...
Oil prices fell more than 2% on Friday (December 26th) as investors weighed the threat of a global oversupply, while also keeping an eye on a potential Ukraine peace deal ahead of talks later this week between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump. Brent crude futures fell $1.60, or 2.57%, to $60.64 per barrel. U.S. West Texas Intermediate (WTI) crude fell $1.61, or 2.76%, to $56.74. Although supply disruptions have helped oil prices recover in recent sessions from a nearly five-year low hit on December 16th, they are on track for their sharpest annual...
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....