Gold traded around $4,270 an ounce on Friday and was on track to decline more than 2% for the week, pressured by a stronger dollar and surging Treasury yields as expectations grew that the Federal Reserve may need to raise interest rates further to curb inflation. On Thursday, the 10- and 30-year US Treasury yields […]
Silver price (XAG/USD) extends its losses for the second successive day, trading around $64.10 per troy ounce during the Asian hours on Thursday. Silver faces increased downward pressure as both the US Dollar (USD) and US Treasury yields surge, driven by hawkish Federal Reserve (Fed) expectations and resilient domestic economic indicators. The latest Flash US […]
Gold (XAU/USD) is consolidating near a one-week low, touched during the Asian session on Thursday, as traders wait on the sidelines ahead of a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. Expectations for a major announcement are low, though market players will look for any progress on rare earths, […]
Copper futures are trading below $6.70 per pound, pulling back from record levels as a stronger US dollar and rising Federal Reserve rate expectations temporarily weigh on the metal. The retreat comes against an increasingly tight physical supply backdrop. The suspension of operations at BHP’s Escondida mine in Chile following the death of a worker […]
Facts Recommendation Short position on GOLD at the current market price. Opinion Gold is facing a growing problem: a stronger U.S. dollar and a lack of fresh upside catalysts. No new source of momentum emerged despite the pullback in oil markets, pushing the price down toward $4,320 per ounce and erasing a significant portion of […]
Iron ore futures in China are currently trading above CNY 710 per ton, recovering from recent weakness as renewed supply concerns provide support despite continuing pressure from China’s steel and construction sectors. The market is being pulled in opposite directions. Potential supply disruptions in Brazil and rising shipping costs for smaller Brazilian producers are tightening […]
Zinc prices are currently trading around $3,880 per ton, with a stronger US dollar creating near-term pressure on the market. Hawkish Federal Reserve commentary has supported the dollar, making dollar-denominated commodities more expensive for international buyers and limiting upward momentum across the base-metals complex. However, zinc’s downside is being constrained by a tightening physical supply […]
Gold is currently trading below $4,350 an ounce, with the precious metal remaining under pressure as a more hawkish Federal Reserve outlook offsets support from falling oil prices and exceptionally strong investment demand from China. The market is now balancing two competing forces: expectations that persistent inflation could keep US interest rates higher for longer, […]
Copper is currently trading at record levels near $6.80 per pound, with persistent supply concerns and strong structural demand continuing to drive the market higher. The latest rally is being supported by disruptions at major mines, declining ore grades and weaker production from Chile, while demand from electricity grids, artificial intelligence infrastructure and the defense […]
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 […]