Oil prices rose only modestly last week after fresh setbacks in US-Iran negotiations, a notably muted reaction compared to similar developments in recent weeks. According to Commerzbank AG, this tempered response reflects the market’s improved ability to absorb disruptions through inventory draws, rerouting, and demand adjustments. Muted price reaction to geopolitical risks As hopes for
Gold prices are facing near-term downside pressure and could test key support levels as weaker overall demand combines with rising expectations of higher US interest rates and a stronger dollar. Metals Focus, a specialist precious metals research firm, forecast on Friday that total gold demand will fall 2% this year to 4,177 tonnes. The decline
Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55. Crude oil price in a tight range as US-Iran talks stall The energy market is in a tight
Oil prices slumped more than 3% on Thursday on hopes for a resolution in the US-Iran war, which could ease supply from the Strait of Hormuz. Gold and silver gained nearly 1% as energy prices fell sharply, which eased concerns about higher inflation and elevated interest rates. Copper prices fell back below $14,000 per ton,
Brent crude oil price remains in a narrow range this week as investors watch the new developments in the ongoing US-Iran crisis. It was trading at $95.40 today, June 5, after Hezbollah rejected the new ceasefire agreement between Israel and Lebanon. Odds of new fighting rise as Hezbollah rejects ceasefire Brent and the West Texas
Silver fell in Asian trading on Friday as Federal Reserve officials warned that inflation remained too high, reinforcing concerns that US interest rates may need to stay elevated for longer or even rise further if price pressures fail to ease. The metal slipped about 2% to trade near $72.40, coming under pressure as investors reassessed
Gold is holding just above its 200‑day moving average as traders await the US Nonfarm Payrolls report later on Friday. The outcome could determine whether bullion breaks lower under the weight of hawkish Federal Reserve expectations or stages a rebound if the labor market shows signs of cooling. FXStreet analyst Dhwani Mehta observed that XAU/USD
India’s gold demand remains subdued as buyers stay cautious amid volatile prices and higher import duties, with premiums narrowing in China as well. Analysts warn that regulatory tightening and inflation risks could keep consumption weak through 2026. Domestic gold prices were trading around INR 158,400 per 10 grams on Friday. India is one of the
Oil prices extended their gains from the previous session as geopolitical tensions in the Middle East remained high. Gold and silver prices slipped on expectations that inflation is likely to remain high, which may prompt central banks to keep interest rates higher for longer. Among base metals, the three-month copper contract on the London Metal
Gold advanced on Thursday as a weaker dollar and easing oil prices supported demand for bullion, while investors weighed renewed optimism over a possible resolution to the US-Israeli war with Iran. Spot gold rose 0.7% to $4,461.09 an ounce as of 0218 GMT. US August gold futures gained 0.5% to $4,487.90. The move came as