Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay […]
WTI crude oil prices recovered toward $93.00 per barrel on Tuesday after falling for four consecutive sessions and briefly slipping below $91.00, marking the lowest level in almost two weeks. The rebound reflects renewed buying interest as geopolitical tensions in the Middle East continue to provide support to the oil market. The latest recovery comes […]
EUR/USD traded higher toward 1.1475 during Tuesday’s early European session as the euro gained modest ground against the US dollar amid improved risk sentiment and renewed hopes for potential US-Iran diplomatic talks. Despite the rebound, the broader technical structure remains under pressure. EUR/USD continues to trade below its 100-day simple moving average (SMA), while the […]
Gold prices traded near $4,350 an ounce on Tuesday, extending the previous session’s decline as hawkish comments from Federal Reserve officials strengthened expectations that US interest rates could remain higher for longer or potentially rise further. Higher interest-rate expectations are weighing on gold by increasing the opportunity cost of holding a non-yielding asset while also […]
US heating oil prices fell below $4.90 per gallon, extending their retreat from the record high reached last week as improving energy flows through the Strait of Hormuz and renewed diplomatic efforts eased immediate concerns over global fuel supplies. The decline reflects a reduction in the geopolitical risk premium that had pushed heating oil prices […]
Copper futures climbed above $6.70 per pound on Tuesday, extending the rally to a sixth consecutive session as growing concerns over global mine supply continued to support prices. The latest move higher comes despite copper already trading at historically elevated levels, with supply disruptions, declining ore grades and weak production from Chile adding to concerns […]
Platinum futures traded around $1,800 an ounce, remaining rangebound as opposing macroeconomic forces kept prices contained. A firmer US dollar created headwinds for the precious metal, while falling oil prices reduced inflationary pressures and eased concerns over further interest-rate increases. The retreat in oil prices has been linked to increasing diplomatic efforts to resolve the […]
European natural gas prices rebounded toward €74 per megawatt-hour on Tuesday, recovering after falling almost 8% in the previous session to a two-week low. The sharp reversal highlights how quickly European gas markets are responding to changes in geopolitical risk, LNG shipping conditions and expectations for winter supply. The latest decline had been driven by […]
Coffee prices came under renewed pressure on Monday, with both arabica and robusta futures falling to three-month lows as expectations for abundant global supplies continued to dominate market sentiment. December ICE arabica coffee settled 4.10 points lower at 277.10, down 1.46%, while November ICE robusta coffee declined 59 points to 3,335, a loss of 1.74%. […]
Today Markets Analysis Cocoa prices recovered from eight-week lows on Monday as short-covering emerged amid concerns that forecast dry weather in the Ivory Coast could place additional stress on cocoa trees and reduce yields during the 2026/27 crop season. December ICE NY cocoa settled 24 points higher at 5,354, while December ICE London cocoa #7 […]