Gold hits record high: Citi predicts the rally will continue and could reach $3,000
"We project $3,000 per ounce of gold for the next 6-18 months, which is 20% above futures and more than 25% higher than spot prices." Full Article
Silver Price Forecast: XAG/USD Peaks at $29.020 Amid Fed Uncertainty and Middle East Tensions
Silver prices (XAG/USD) continued their moderate uptrend, reaching an intraday peak of approximately $29.020. Full Article
Gold Price Forecast: XAU/USD Nears $2,385 Amid Fed Rate Speculations; More Selling Ahead?
In today's trading, the gold price (XAU/USD) exhibited limited movement, stabilizing around the $2,325 mark, following a significant Full Article
Biggest Daily Surge in Aluminum Price After Sanctions on Russia
Commodities have seen some demand return since February, but yesterday we saw a massive jump in Aluminum prices, the biggest ever Full Article
EUR/USD Climbs to $1.0655, Reacts to Eurozone Data and U.S. Rate Speculation
While the U.S. dollar remains robust and the European Central Bank (ECB) contemplates rate cuts, the EUR/USD found renewed support, Full Article
Silver Price Forecast: Goldman Sachs’s Gold Forecast of $2,700 Underpins XAG/USD
As of today, the price of silver stands at $28.205, marking a rise of 1.16%. The metal's price trajectory has found a pivot at $27.26, Full Article
WTI Crude Dips to $85.40 Amid Iran-Israel Tensions, Market Eyes $90 Range
WTI Crude Oil is marginally down today, trading at $85.41, reflecting a minor decrease of 0.09%. Following the recent altercation Full Article
Gold Stabilizes Near $2345 Amid Geopolitical Tensions and Mixed Fed Signals, Eyes on $2,366 Pivot
Gold prices experienced buying interest on Monday, stabilizing after retracting from their all-time high of approximately $2,431-$2,432 Full Article
Gold Price Settles at $2,342; Economic Events and Fed Speeches to Shape Outlook
The precious metal, traditionally seen as a safe haven, concluded the week with a marginal 0.60% increase, settling at $2,342.23. Full Article
Gold Price Retreats $100 Off Record Highs at $2,431 Before Weekend
The Gold price has gone through a massive rally in 2024, making new record highs almost every day, but XAU retreated $100 before the weekend Full Article
Very Light Demand Expected for Natural Gas
Natural gas prices are up only slightly and staying close to $1.80, as they have been for months and should continue to do. Full Article
Texas oil rises 1.3% to $86.15 per barrel, after reaching $87.5
Meanwhile, natural gas futures for May were trading at $1.77 per million British thermal units. Full Article
EUR/USD Price Forecast: Nears $1.0728 Amid ECB Rate Cut Signals and US PPI Data
The EUR/USD exchange rate demonstrated a slight downtrend, trading near 1.0728 during the early hours of the Asian session on Friday. Full Article
Gold Price Hits $2,400 Amid Rising Middle East Tensions, Bullish Market Outlook
In a recent session, the Gold price (XAU/USD) has extended its prevailing upward trajectory, reaching a new zenith at approximately $2,400 Full Article
Natural Gas and Crude Oil Prices Drop After US CPI Says Inflation is Rising
Natural gas and crude oil prices are dropping, and the US inflation rate is on the rise. Oversupply problems persist. Full Article