Metals
Market Analysis, Metals, Technical Analysis
XAG/USD holds losses near $66.00 amid Fed rate hike bets
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 […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Gold Falls Toward $4,350 as Hawkish Fed Comments Lift Rate Hike Expectations
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 […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Price Forecast: Copper Extends Six-Session Rally Above $6.70 as Supply Disruptions Tighten the Market
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 […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Platinum Price Forecast: Platinum Holds Near $1,800 as Dollar Strength Offsets Tight Supply Fundamentals
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 […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Silver Price Forecast: XAG/USD Holds Above $66 as Fed Policy and Middle East Risks Drive the Outlook
Silver prices are consolidating around $66.35 per ounce at the start of the week after posting a strong recovery through the second half of last week. The white metal remains above its short-term trend support, but gains have paused as traders assess the Federal Reserve’s renewed tightening cycle, changing expectations for inflation and developments surrounding […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Iron Ore Rises Above CNY 715 as Chinese Mills Restock Ahead of Golden Week
Chinese iron ore futures climbed above CNY 715 per tonne on Monday, extending gains for a fourth consecutive session as steel mills increased purchases ahead of China’s extended National Day Golden Week holiday in early October. The recovery comes after iron ore recently traded near one-month lows, with pre-holiday restocking providing an important short-term demand […]
by Currency Hedger
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- 2 weeks ago
Metals, Technical Analysis
Gold Price Forecast: Gold Holds Above $4,350 as Falling Oil Prices Ease Inflation Concerns
Gold held above $4,350 an ounce on Monday after advancing for a second consecutive session, as falling oil prices eased some concerns over renewed inflation and the prospect of additional Federal Reserve interest-rate increases. Spot gold recently reached around $4,360 an ounce, recovering from a near six-week low after lower oil prices and a weaker […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Platinum Price Forecast: Platinum Holds Above $1,800 as Falling Oil and Supply Constraints Support the Market
Platinum futures climbed above $1,800 an ounce, extending gains for a third consecutive session as falling oil prices reduced concerns over persistent inflation and the possibility of further aggressive interest-rate tightening. The retreat in crude prices has lowered some of the pressure on non-yielding precious metals, while investors continue to assess the Federal Reserve’s outlook […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals
Copper Extends Rally for Fifth Session as Chinese Demand Strengthens and Mine Disruptions Tighten Supply
Copper futures climbed to around $6.65 per pound on Monday, extending gains for a fifth consecutive session as stronger indicators of Chinese demand and concerns over tightening global supply continued to support the market. The Yangshan copper premium, an important indicator of physical copper demand in China, rose to $121 per tonne last week, its […]
by Currency Hedger
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- 2 weeks ago
Metals, Technical Analysis
Gold Price Outlook: XAU/USD Recovers Toward $4,400 as Dollar Rally Loses Momentum
Gold prices are heading into Monday trading with renewed upside momentum after XAU/USD rebounded 0.89% on Friday and climbed back toward $4,379, recovering from the nearly two-month low of $4,235 reached earlier in the week. The recovery is notable because it comes despite the Federal Reserve delivering a 25-basis-point rate hike, taking its benchmark interest-rate […]
by Currency Hedger
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- 2 weeks ago