Commodities Category

XAG/USD Dips Below $27.00 as Risk Appetite Grows Silver prices (XAG/USD) softened for a second day, hovering around $26.95 during the early European session on Tuesday. The market’s improved sentiment, driven by reduced fears of escalating Middle East conflicts, is dampening demand for the metal known for its safe-haven allure. Investors are also cautious, opting

Gold Price Stays Under $2,400, Bullish Outlook Holds Gold prices (XAU/USD) struggled to extend their recovery from a recent low of $2,325-2,324, hovering within a narrow range during Tuesday’s Asian trading session. Despite the lackluster performance, gold remained close to its all-time high set last Friday, supported by ongoing geopolitical tensions in the Middle East

WTI Remains Under $85.50 Amid Concerns Over Inflation Western Texas Intermediate (WTI), the benchmark for U.S. crude oil, lingered around $85.00 per barrel on Friday, reflecting a subdued trading environment amid inflationary concerns. The price of WTI dipped slightly as expectations for imminent U.S. interest rate cuts diminished due to persistently high inflation rates. This

WTI Drops to $84.70 Amid Gaza Ceasefire Talks, US CPI Data Anticipation Western Texas Intermediate (WTI), the benchmark for US crude oil, is currently trading near $84.60, marking its fourth consecutive day in the red. This decline is influenced by a combination of factors including the build-up of US crude stocks and profit-taking activities. Market

WTI Holds Near Multi-Month High, Above $85 per Barrel West Texas Intermediate (WTI) U.S. Crude Oil has exhibited signs of a bullish market, maintaining a strong position in a narrow trading range during Thursday’s Asian trading session. The commodity’s prices have been hovering just above the $85 mark, mirroring the stability seen at its highest