Silver price (XAG/USD) trades higher at around $61.10 in the Asian trade on Monday, holding onto Friday’s gains. The white metal reflects strength as United States (US) bond yields have come under pressure due to a decline in oil prices in the wake of Russia-Ukraine ceasefire, announced by President Donald Trump. As of writing, the […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold prices have climbed above $4,200 per ounce, extending gains for a third consecutive session as lower oil prices help ease concerns about inflation. Expectations that additional Russian diesel supplies could improve fuel availability have weighed on energy prices, potentially reducing pressure on inflation and […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold is attempting to recover after retreating from its recent highs, with prices advancing by approximately 1.2% and approaching the $4,200-per-ounce level. The rebound suggests that buyers are defending the $4,070–$4,150 area as a potential short-term base, although a sustained recovery will depend on the […]
Copper prices recover towards $6.60 per pound as renewed supply concerns in Chile provide support following the previous session’s losses. Industrial action at Antofagasta’s Centinela project raises the possibility of future production disruption, while Chile’s latest production figures point to weakness in output from the world’s leading copper-producing country. The market remains caught between tightening […]
Gold is holding near $4,150 an ounce as investors weigh competing forces from geopolitical uncertainty, energy-market volatility and the outlook for Federal Reserve monetary policy. Bullion is on track to finish the week little changed, with easing oil prices providing some relief to inflation concerns while tensions around the Strait of Hormuz continue to support […]
Platinum prices have rebounded above $1,650 per ounce, recovering from a recent nine-week low as falling US Treasury yields and easing oil prices improve the outlook for precious metals. A rally in US government bonds has pushed Treasury yields lower from a 24-year peak, weakening the US dollar and reducing the opportunity cost of holding […]
Zinc prices have rebounded above $3,800 per tonne, recovering from a more than six-week low as persistent supply constraints continue to support the market. The latest move comes as Western smelters face pressure from high energy costs and limited access to raw materials, creating uncertainty over refined zinc production. Western refined zinc output fell 3.4% […]
Copper prices are approaching $6.70 per pound, extending their weekly advance as Chinese traders return from a week-long holiday with a more optimistic outlook for industrial demand. Improving sentiment in China is providing fresh support to the copper market, while strong earnings from South Korean technology giant Samsung Electronics are reinforcing expectations for continued investment […]
Silver price (XAG/USD) gains ground after two days of losses, trading around $60.40 per troy ounce during the Asian hours on Thursday. However, non-yielding Silver may face mounting headwinds as US Treasury bond yields hover near their highest levels since 2002, dampening investor demand for precious metals. Meanwhile, elevated energy prices are stoking broader inflation […]
Silver price (XAG/USD) declined after opening at a bullish gap, remaining in positive territory and trading around $60.90 per troy ounce during Asian hours on Wednesday. Non-yielding Silver experienced downside pressure as a rebound in crude oil prices, driven by persistent Middle East supply risks, kept inflationary concerns and rate-hike expectations firmly in focus. Oil […]