Gold remains under pressure as elevated US bond yields weigh on demand, but Goldman Sachs expects sustained central bank purchases to limit the downside and prevent a prolonged decline despite short-term market headwinds.
By Sagar Dua During the Asian session, XAU/USD is consolidating near 4,014.01, reflecting a balance between demand for safe-haven assets and a stronger US Dollar. Market participants are refraining from opening large positions while awaiting new macroeconomic signals and further developments in the Middle East. The precious metal ended last week with a moderate decline as the US currency strengthened amid increased demand for the Dollar as a global reserve asset during the regional escalation.
By Sagar Dua WTI crude oil prices are posting moderate gains on Tuesday morning, July 14, extending the strong bullish momentum of the previous trading session and holding close to their highest levels since June 16.
By Sagar Dua During the morning session, the XAU/USD pair is recovering after a bearish start to trading this week, testing the 4125.00 level, while investors analyse another escalation of the geopolitical situation in the Middle East.
By Sagar Dua Brent crude prices are showing a modest increase on the morning of Tuesday, July 7, extending the uncertain bullish momentum seen last week. At the time of writing, the instrument is testing the 72.50 level for a potential upside breakout, while market participants continue to monitor developments in the fragile negotiation process in the Middle East.
By Sagar Dua During the morning session, the XAU/USD pair is recovering after the decline at the end of last week, during which it tested the 4150.00 mark.
By Sagar Dua Brent Crude Oil quotes have been developing negative dynamics since the beginning of last month and are currently testing the 79.00 mark (Fibonacci correction 61.8%) under pressure from expectations of a final diplomatic settlement of the U.S.-Iran conflict, although the situation in the Middle East region remains unstable and is changing very rapidly.
By Sagar Dua Prices for benchmark Brent Crude Oil are in a global corrective trend, holding slightly above the 79.00 mark.
By Sagar Dua During the Asian session, WTI Crude Oil is actively losing value, holding near 74.02: the downward dynamics intensified after a consensus was reached on a framework peace agreement between the United States and Iran, the in-person signing of which is expected to take place tomorrow in the Swiss Alps.
By Sagar Dua After XAU/USD renewed the March 24 low late last week following the publication of U.S. labor market data for May, the pair is showing a slight correction during today’s morning session, trading at 4300.15.
Commodities analysis looks at what drives the prices of raw materials like oil, gold, or wheat. Fundamentals mean supply and demand, production levels, weather, and geopolitics. Technicals come from the charts — trends, support and resistance zones, trading volume, and repeating patterns. By combining both, traders can gauge risk, spot opportunities, and decide when it makes sense to buy or sell.
