Gold bounces off hourly moving averages as buyers step in
Gold rebounded after testing the 100- and 200-hour moving averages, holding support near $4,158. Upside resistance remains at the $4,223.51–$4,237.55 swing…
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
Gold rebounded after testing the 100- and 200-hour moving averages, holding support near $4,158. Upside resistance remains at the $4,223.51–$4,237.55 swing…
Silver consolidates near lows; US CPI report seen as potential catalyst for a relief rally.
Oil slipped overnight, giving back some gains, as Middle East tensions persisted and US-Iran talks stalled. Technical levels and events ahead are noted.
Gold faced renewed pressure after oil hit new weekly highs, with US CPI the next focus.
Goldman Sachs says Russian diesel exports will do little to prices; releasing 50 million barrels from European reserves could cut wholesale diesel by $11.
BofA sees gold averaging $4,000 in Q4 but not holding above it for three months, citing Iran war-driven oil inflation, soft physical demand, and a hawkish Fed.
Saudi Arabia is weighing a gas-line conversion that would add 1.2 million bpd of crude exports within weeks, with port capacity at Yanbu a key constraint.
Crude gained on Monday amid Russia-Ukraine tensions and Saudi Arabia's promise of response to Houthi attacks.
Crude oil prices surged to their highest since late September, driven by Middle East tensions and a technical breakout above key resistance.
Diamond prices have sunk to multi-decade lows as lab-grown stones undercut natural gems, leaving them well behind gold and silver as investments.
Gold slipped toward its hourly moving averages after fading from a session high, with sellers making headway but key support still intact.
European trading was subdued with US bond markets closed for Columbus Day; oil rose more than 1%, the dollar held firm and gold slipped.
Crude oil prices rose again on doubts about a Russia-Ukraine energy ceasefire and a prolonged US-Iran standoff.
OPEC slashed its oil demand growth forecast for this year to 400,000 bpd from 1.4 million bpd, while Middle East supply risks kept Brent above $105 and WTI…
Bullion recovered to close last week after Washington ruled out Iran strikes, then stalled; focus shifts to Wednesday's US CPI report.