Gold prices are up for the second successive session on Tuesday, riding on broader US dollar weakness to reclaim some traction after a sharp drop in the previous two weeks. The yellow metal traded at $3,338 per ounce at the time of writing, up by 1% on the daily chart. While the Israel-Iran ceasefire has…
Silver prices are back under pressure, with spot silver (XAG/USD) slipping below $36.00 after an overnight high near $36.85. The move comes on the heels of a risk-on wave in equity markets and a stronger U.S. dollar, both of which clipped the metal’s recent bullish momentum. Risk Appetite Trims Silver’s Shine as $36 Slips Silver…
Gold futures on MCX are back in the spotlight this Thursday, with prices climbing above ₹97,500 during early trades. The breakout comes on the back of improving global sentiment for the yellow metal, supported by a weaker U.S. dollar, softer bond yields, and a return of safe-haven flows after this week’s geopolitical cooldown. In the…
Gold price traded inched up on Wednesday with investors keeping off aggressive bets amid the first 24 hours of ceasefire in the Middle East. The XAUUSD pair was at $3,326 per ounce at the spot market, up by 0.02% in the European session at press time. The US dollar index is still near ten-day lows,…
Crude oil markets unraveled late Monday night after Iran fired a barrage of missiles at a U.S. air base in Qatar. It was the first direct retaliation since American airstrikes hit three of Iran’s nuclear facilities over the weekend. While no injuries were reported and the attack spared energy infrastructure, West Texas Intermediate (WTI) crude…
Gold extended its slide for a third consecutive session on Friday, with XAU/USD falling to $3,348 during the early European hours. Traders have turned cautious ahead of weekend risk, especially as markets digest the Fed’s unchanged tone and geopolitical tension simmers in the background. Gold is still trading at historically high levels, but recent dips…
Oil prices returned to the upside on Thursday in reaction to an escalation in the war between Israel and Iran. Benchmark Brent crude oil price was at $78.31 with intraday gains of 3%, with WTI by 2.1% and trading at $75.01 at the time of writing. Brent has gained 10.3% in the last five sessions,…
On Thursday morning, the Brent crude oil prices rose above $77 per barrel, reaching an over four-month high, in response to the escalating tensions between Iran and Israel. The latest news reported that this morning, Israel attacked Iran’s Arak heavy water reactor, after the announcement of Israeli President Isaac Herzog about dismantling Iran’s nuclear program….
The escalating tension in the Middle East is driving strong safe-haven assets such as the white metal. Silver prices are holding strong within different geopolitical factors that have lasted for months and are still ongoing, starting from the Russia-Ukraine war and the US-China relations, which are playing a key role in influencing the overall market…
Gold prices in India nudged slightly higher this morning, with traders treading carefully ahead of the US Federal Reserve’s policy update expected later in the day. Across local Indian markets, the price of gold per gram is now ₹9,420.74, a modest rise from yesterday’s ₹9,398.42. One tola of gold is fetching ₹109,881.30, showing a mild…
