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...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors such as political uncertainty, particularly related to Venezuela, and other geopolitical tensions, further strengthening its appeal as a safe-haven asset. Industrial demand for silver, particularly from the technology and renewable energy sectors, also increased sharply, pushing prices higher.Analysts expect this upward trend in silver prices to continue, in line with low interest rates and...
Brent oil prices rose today, reaching $61.58 per barrel, driven by several fundamental factors influencing the market. One of these is rising geopolitical tensions, particularly related to the threat of a US ground offensive against drug trafficking operations in Latin America. These tensions have raised concerns about supply disruptions from oil-producing regions, such as Venezuela, which has vast energy reserves. This uncertainty has prompted investors to buy oil as a safe haven, driving up prices. (asd) The oil price at the time of this analysis was $61.53.Disclaimer :This article is...
Gold Prices Soar Gold prices hit a record high on Tuesday, surpassing $4,480 an ounce for the first time, after posting a 2.4% gain in the previous session, their biggest surge in more than a month. The rise was driven by rising geopolitical tensions, particularly related to the US blockade of oil tankers against Venezuela and market expectations that the Federal Reserve will cut interest rates further in 2026. This year, gold has surged 70% and is on track for its biggest annual gain since 1979.Meanwhile, silver also hit a new record, surging 1% to $69.7060 an ounce, thanks to speculative...
The price of silver (XAG/USD) continues to demonstrate strong bullish control and remains within a high range, even breaking a new record high above $69.00. This increase is supported by strong buying momentum, maintaining the dominant uptrend and maintaining high market interest in silver.However, there is a slight caveat as the Relative Strength Index (RSI) indicator is already in the overbought area on the hourly and daily charts. This means that while the overall trend remains up, there is a possibility of a correction or temporary pause before the price rises further. Overall, the...
Gold strengthened on Monday, December 22, 2025, during the Asian session, rising about 1% to $4,384 per ounce, setting an all-time high. This increase was driven by increased interest in safe-haven assets amid rising geopolitical tensions, as well as market expectations that future interest rates could be lower—a situation that typically benefits gold, as it does not bear interest.For today, gold remains bullish as long as it can hold within the key $4,381–$4,385 area. If the price breaks through and remains stable above this zone, the nearest upside target is estimated at $4,400 with a...