Oil prices rose slightly in trading on Tuesday (January 20) after better-than-expected Chinese economic data boosted demand optimism. Brent crude rose 19 cents (0.3%) to $64.13/barrel, while February WTI which expires today rose 25 cents (0.4%) to $59.69/barrel. The more active March WTI contract also edged higher to around $59.42/barrel. This strengthening was driven by news from China, the world's largest oil importer. The Chinese economy reportedly grew 5.0% through 2025, meeting the government's target. Refinery activity also increased, with refinery throughput rising 4.1% and crude oil...
Oil prices fell to around $62.89 ahead of the European session on Tuesday, pressured by concerns about oversupply and a weak demand outlook. Optimism over easing US-China trade tensions temporarily halted the decline, but signals of increased production from OPEC+ and slowing global economic growth kept the market cautious. Investors are now awaiting fresh direction from US economic data and Fed policy to determine the next course. Brent oil price at the time of writing was $62.88Disclaimer:This article is analytical in nature and is not a definitive reference. Consider fundamental and...
Silver prices surged to an all-time high on Tuesday (October 14th), breaking through USD 52.50 per ounce, driven by a short squeeze that triggered a surge in demand in the London market. Tight supply and high lease rates exacerbated market pressure, prompting traders to rush to close their short positions. This surge occurred amid rising industrial demand for silver, particularly from the electronics and renewable energy sectors, as well as investor interest as a hedge against inflation and global uncertainty. However, some analysts warn that the silver market is relatively small and...
Gold prices have again hit a new record high, driven by increased demand for safe haven assets amid global concerns. Trade tensions between the United States and China have escalated following new tariff threats from US President Donald Trump, while expectations that the Federal Reserve (The Fed) will cut interest rates further have strengthened gold's appeal as a hedge. At the time of writing, Gold Prices were at $4,069. Disclaimer: This article is analytical in nature and not a definitive reference. Please consider fundamental and technical developments in trading before making any...
World oil prices rose by about 1% on October 13, 2025, after plummeting to a five-month low due to concerns about an escalation in the US-China trade war. Brent rose to US$63.60 per barrel and WTI was at US$59.77, with market sentiment improving after signs that a meeting between Trump and Xi at APEC could ease tensions. This recovery was driven by expectations that the initial moves to ease tariffs and export restrictions might only be a bargaining chip, not a permanent escalation. However, analysts warned that this rebound does not yet indicate a fundamental change, and prices could come...
Silver prices surged to an all-time high today before stabilizing around $50.10 per ounce. This sharp surge was triggered by minor pressure in the London market due to dwindling physical supplies, while demand remains high from investors and industry. Positive sentiment also came from rising gold prices and concerns about US-China trade tensions, which prompted market participants to seek safe assets. Although silver's rally remains strong, analysts warn of the potential for a short-term correction after the rapid rise in recent days. As long as prices can hold above the psychological level...