WTI trades in negative territory for the third consecutive day near $82.25 on Thursday. A rise in US crude inventory and a higher possibility of delay...
Here is what you need to know on Wednesday, April 17: The US Dollar holds steady against its major rivals after ending Tuesday on a bullish...
Gold prices fell in Pakistan on Wednesday, according to data compiled by FXStreet. The price for 24-carat Gold stood at 21,297.96 Pakistani Rupees (PKR) per gram,...
Natural Gas prices show sensitivity towards the situation in the Middle East. Markets see sanctions being issued out of US and Europe on Iran. The US...
Gold price struggles to capitalize on the overnight positive move and attracts some sellers on Tuesday. Reduced Fed rate cut bets lift the USD to its highest...
Here is what you need to know on Tuesday, April 16: The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals...
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet. The price for 24-carat Gold stood at 20,995.82 Pakistani Rupees (PKR) per gram,...
Here is what you need to know on Monday, April 15: Growing expectations for a delay in the Federal Reserve’s (Fed) policy pivot and escalating geopolitical...
WTI kicks off the new week on a subdued note and reacts little to Iran’s attack on Israel. Worries about cooling fuel demand turn out to...
Following late Saturday’s Iranian attack on Israel, analysts at Goldman Sachs explain the impact of the Middle East escalation on Oil price. Key quotes “Our commodities...
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $29.11 per troy ounce, up 2.30% from the $28.46 it cost on Thursday....
WTI trades back above $86 after whipsawing around it this week. Oil price rises near 1% despite EIA calls for a negative outlook on Oil demand....
In its monthly oil market report published on Friday, the International Energy Agency (IEA) lowered the 2024 global oil demand growth forecast by 130,000 bpd to 1.2 million (mln)...
Gold price continues to scale new record highs amid persistent geopolitical tensions. The strong move up seems unaffected by reduced Fed rate cut bets and bullish...
Here is what you need to know on Friday, April 12: The US Dollar (USD) gathers strength against its major rivals in the European session on...
WTI drifts lower to $85.00 on Friday. The higher-for-longer US rate narrative weighs on the black gold. The fear of Middle East geopolitical tensions might cap...
Here is what you need to know on Thursday, April 11: The US Dollar (USD) registered impressive gains against its rivals following the strong inflation data...
WTI struggles to attract any follow-through buying amid mixed fundamental cues. Concerns about the worsening Middle East act as a tailwind for the black liquid. Signs...
Gold price attracts fresh buyers on Thursday following the previous day’s US CPI-inspired downfall. Geopolitical risks benefit the safe-haven XAU/USD amid a modest USD pullback from...
Here is what you need to know on Wednesday, April 10: The US Dollar (USD) holds steady as markets eagerly await the Consumer Price Index (CPI)...