Markets
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Gold price drops to $3,300 neighborhood amid modest USD strength
Gold price struggles to capitalize on the previous day’s bounce from a one-week trough. The emergence of some USD buying…
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Crude Prices Climb on Hopes of Easing of US-China Trade Tensions
July WTI crude oil (CLN25) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25) closed up +0.0184 (+0.89%). Crude…
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Nat-gas Prices Fall on Ample Storage and Cooler US Temps
July Nymex natural gas (NGN25) on Monday closed down by -0.149 (-3.94%). July nat-gas prices on Monday tumbled to a…
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The week ahead: US CPI, UK spending plans and high hopes for Apple
Financial markets felt the effects of the better-than-expected US jobs report for May last week. The US economy created 139k…
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XAU/USD price shows resilience below $3,300 and rebounds from one-week low
Gold price attracts sellers for the third straight day, though it lacks follow-through. Friday’s US NFP report tempered Fed rate…
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US Dollar Index Trades around 99.00 after pulling back from nine-day EMA
The US Dollar may target support at 97.91, the lowest level since March 2022. The bearish bias prevails as the…
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XAG/USD rises above $36.00 on economic uncertainty, industrial demand
Silver price gains momentum to near $36.00 in Monday’s early early Monday Investors look to broaden their exposure to safe-haven…
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WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks
WTI drifts lower at the start of a new trading week, though the downside lacks bearish conviction. The optimism over…
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Nonfarm Payrolls set to show US labor market weakened in May as tariff policy weighs
Nonfarm Payrolls are expected to rise by 130K in May, down from the 177,000 increase recorded in April. The United…
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XAG/USD maintains position above $36.00 near multi-year highs
Silver price maintains its position near the highest level since February 2012. The safe-haven demand For Silver increases as soft…
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