Crude oil prices are under pressure, trading 0.61% lower at $62.30 in today’s session after forming a Doji candlestick pattern in the previous session, signaling market indecision. Downside sentiment was reinforced by news that Iraq, the Kurdistan Regional Government, and international oil
Gold
The Federal Reserve’s policy decision today carries significant weight for the precious metals markets, with both gold and silver having rallied strongly over the past six weeks as softer labor market data, and Fed Chair Powell’s pivot at Jackson Hole revived expectations for a resumption of the rate cutting cycle. After being paused in December […]
Oil rose by 1% in yesterday’s session after investors tracked a supply disruption from Russia after Ukrainian drone attacks on its refineries. According to the estimates from Goldman Sachs, Russia’s refining capacity reduced by 300k barrels per day in August and so far in September due to drone attacks. In today’s session, the commodity has […]
Commodities The Bloomberg Commodity Index (BCOM) extended its rally, rising 2.5% in the latest reporting week. Gains in energy and precious metals supported fresh buying and short covering, while agriculture broadly struggled—corn being the notable exception. Managed money accounts responded by adding length across all energy and metal contracts, while fresh short selling
Gold has surged to a fresh record high at USD 3,547 per ounce, extending an already strong year that has seen the yellow metal gain 34% year to date. Silver has provided further support to the sector, trading above USD 40 for the first time in 14 years, leaving it up 41% year to date. […]
Following a 0.84% increase yesterday, gold reached a record high of $3,508.90 in early trading today, as expectations of Federal Reserve rate cuts and rising concerns over the central bank’s independence fueled the multi-year rally in precious metals. ETFs added 104,284 ounces of gold to their holdings in the last trading session, bringing this year’s […]
Silver has climbed above USD 40 an ounce to its highest level in 14 years, extending a rally that has already delivered a 37.5% year-to-date gain. Gold is up 31% over the same period, but silver’s outperformance reflects its dual role as both an investment and industrial metal. The latest advance is not the start […]
Investment metals: Governance risk meets hard asset demand President Trump’s attempted—and legally contested—removal of Fed Governor Lisa Cook is less about an individual and more about the institution. Whatever the legal outcome, the signal is clear: political pressure on the central bank is rising, and it may over time introduce an “independence premium” into U.S. […]
Gold has continued to outperform forecasts this year, reinforcing its reputation as the ultimate safe-haven asset. UBS has upgraded its projections, expecting an average of $3,600 per ounce in Q1 2026 and $3,700 in Q2 2026, levels it anticipates will hold into the following quarter. After reaching a record $3,500 in April 2025 and consolidating […]
Gold and silver have been trading in tight, range-bound zones with muted volatility despite positive year-to-date gains (+26% for gold, +30% for silver). Support remains solid from steady ETF inflows, central bank purchases, and persistent investment demand, including gold-backed ETFs at multi-year highs and ongoing but modest bullion flows. However, major
Oil fell 1.2% on Monday and steadied after an early drop on Tuesday, as investors await Friday’s meeting between US and Russian leaders for fresh direction. Traders are closely watching the lead-up to the talks, which could result in eased US sanctions on OPEC+ member Russia and potentially bring more supply to the market. Prices […]
Oil fell 5% last week, its biggest drop since June, before a meeting between the US and Russian leaders on Friday, which is raising the prospect of an end to the war in Ukraine and more supply. President Donald Trump did not announce new sanctions on Russia or tariffs on its energy buyers during the […]
Commodities In the week to August 5, several major developments drove positioning changes across key commodities. Trump’s abrupt reversal on copper tariffs triggered a 22% slump in New York prices, prompting funds to halve their HG copper net long. In energy, OPEC+’s continued production increases—potentially into a softening demand period—pressured crude oil, while fading
Despite OPEC+’s planned production increase in September, the crude oil market displays underlying bullish momentum. Today, Brent and WTI both rebounded by 0.68% to $69.50 and $66.90 respectively, defying previous session losses, underscoring market resilience. While the 547,000 bpd increase from OPEC+ (part of a larger 528,000 bpd total quota adjustment) aims to
Oil Rallies on Tariff Threats, Gold Slips as Dollar Gains Strength : Comments from Century Financial
Crude Oil prices rallied to a weekly high on Monday, with WTI up 2.79% and Brent up 2.89% by close. This was driven as investors digested President Trump’s threat towards Russia. He stated that Russia would be given a new deadline of 10 to 12 days to make progress towards ending the war with Ukraine, […]
Crude oil prices edged higher today as investors digested fresh developments in U.S. trade policy. Brent climbed by 0.15% toward $68 after a three-day retreat, while WTI increased by 0.32% near $65.30. The gains followed President Trump’s announcement of new tariff agreements—19% with the Philippines and 15% with Japan.Adding to the momentum, U.S. Treasury Secretary […]
Oil prices remained largely stable on Monday, with Crude trading at $68.60 and WTI at $65.85, balancing new European sanctions targeting Russian oil with concerns that escalating tariffs could stifle fuel demand, even as OPEC producers increase output. The EU’s 18th sanctions package aims to cut Russia’s oil revenues by banning imports of petroleum products
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After a phenomenal first half, the investment metals sector has entered a period of consolidation. Gold has traded sideways for the past twelve weeks, creating space for silver and platinum to play catch-up. Yet with year-to-date gains of roughly 26% for gold and silver—and a remarkable 54% for platinum—the natural question from investors is: Is […]
Crude Oil prices bounced back significantly on Monday, with a 1.95% rise in WTI and a 2.41% rise in Brent by the close. Despite an increase in supply from OPEC+ members over the weekend, crude oil prices continued to rise. This could primarily be due to renewed geopolitical tensions in the Middle East, specifically after […]














