Commodities

In a high-stakes meeting in Busan, South Korea, U.S. President Donald Trump and Chinese President Xi Jinping reached a deal that signals a temporary easing of trade tensions between the world’s two largest economies. The agreement, struck after nearly two hours of talks, includes a U.S. decision to reduce tariffs …

After weeks of volatility and a steep 16% decline from record highs, silver is once again finding its footing. The metal has bounced back in recent sessions as investor confidence slowly returns, signaling a potential end to the recent sell-off.The renewed strength in silver comes as global market sentiment improves …

A U.S.–China trade agreement could be finalized as early as next week, according to U.S. Treasury Secretary Scott Bessent, speaking a day after President Donald Trump’s meeting with Chinese President Xi Jinping. Bessent said the “Kuala Lumpur agreement” was completed overnight and indicated both sides may exchange signatures within days. …

Oil prices edged lower in Asian trading on Thursday, with a firmer dollar dulling the boost from the Federal Reserve’s quarter-point rate cut and keeping Brent and WTI adrift near the bottom of recent ranges. By 21:18 ET (01:18 GMT), Brent December futures were down 0.2% at $64.81 a barrel, …

Gold clawed back ground in Asian hours on Thursday, snapping a four-day slide as the Federal Reserve’s quarter-point rate cut underpinned non-yielding assets and a dearth of concrete progress from U.S.–China trade talks preserved a layer of haven demand. Spot prices rose 1.0% to $3,967.03/oz by 02:51 ET (06:51 GMT), …

Gold prices edged higher on Wednesday, reclaiming ground lost earlier in the week as global investors shifted focus to the U.S. Federal Reserve’s widely anticipated interest rate decision. The yellow metal traded just below the key $4,000 mark per ounce, recovering from a recent three-week low as traders adopted a …

Market snapshot (Wed, 10:20 GMT) Brent: $64.51 (+$0.11, +0.2%) WTI: $60.21 (+$0.06, +0.1%) Brent and WTI are holding near unchanged as the market balances improving U.S.–China diplomacy against the prospect of a December OPEC+ quota increase. A sizable U.S. inventory draw reported by the API is cushioning the downside. Key …

Market snapshot Spot: $3,957.42, +0.2% intraday COMEX Futures: $3,977.76, −0.1% Price sits near the lowest since early October after a two-day slide. Drivers 1) Fed decision in focus A 25 bps rate cut is widely expected later today. The path matters more than the print: any hint from Chair Powell …

West Texas Intermediate (WTI) crude oil prices fell by approximately 2.00%, primarily driven by reports indicating the Organization of the Petroleum Exporting Countries (OPEC) might soon increase its production rates. This decline is occurring at a sensitive moment, as markets are closely tracking any action by OPEC and the resulting …

Gold prices experienced a sharp decline on Tuesday, falling by approximately $56.50, or 1.41%, to hit their lowest level in three weeks. This slump is primarily due to continued heavy selling by investors unwinding long positions following a robust two-month rally.Precious metals were broadly affected this week by a drop …