USD/XAG (USDXAG) News

The news of resumed shipments through the Hormuz Strait has boosted precious metals, with analysts optimistic about gold returning to $5,000.

The majority of Wall Street analysts anticipate that gold prices will continue to rise in the coming week.

Zhitong FinanceApr 18 09:24

Silver breaks through $80, surpasses key resistance level; is a catch-up rally underway?

Boosted by the news of the reopening of the Strait of Hormuz, silver prices accelerated upward, breaking through the key resistance level of 80 USD and reclaiming the 50-day moving average. Analysts noted that silver is showing early signs of recovery in terms of positioning, capital flows, and volatility.

wallstreetcnApr 18 06:15

Iran has set conditions for passage through the Strait of Hormuz and is currently working with the U.S. on a framework for a peace agreement, warning that it will close the strait if the U.S. continues its maritime blockade.

The conditions include: civilian vessels passing through designated Iranian routes; military vessels remain prohibited; all ships must obtain permission from the Iranian navy. Iranian officials stated that Iran and the U.S. are drafting a memorandum of understanding to establish an overarching framework for a final, permanent peace agreement, with the memorandum setting a 60-day window for follow-up negotiations. They expressed optimism about signing the memorandum during talks in the coming days. The Iranian Foreign Ministry noted that the U.S. maritime blockade violates the ceasefire agreement and warned of necessary countermeasures if the blockade continues. Iran also rejected transporting enriched uranium abroad. The U.S. military reiterated its close monitoring of 'every Iranian port' and, for the first time, disclosed the location of the maritime blockade line, which covers all of Iran's southern coastline and ports.

wallstreetcnApr 18 04:22

Iran's Opening of the Strait of Hormuz Sparks Market Volatility

Gelonghui, April 17 | The Iranian Foreign Minister stated that the Strait of Hormuz remains open to commercial vessels, triggering significant market fluctuations. Spot gold surged past $4,840 per ounce, with a daily increase exceeding 1%. Spot silver rose nearly 4% on the day, currently trading at $81.30 per ounce. Both WTI crude oil and Brent crude oil plummeted in the short term, with WTI crude falling 8% intraday and Brent crude dropping 7%. The US Dollar Index (DXY) briefly declined over 20 points, now at 97.98, while non-US dollar currencies broadly strengthened.

Gelonghui FinanceApr 17 20:58

Before the festival, India approved banks to import gold and silver, removing obstacles for precious metals clearance.

It is reported that the Indian government has approved banks to import gold and silver.

Zhitong FinanceApr 17 19:57

Express News | Market news: India has authorized 15 banks to import gold and silver from April 1, 2026, to March 31, 2029.

BreakingsApr 17 16:24

Technical Analysis Report for April 17: Spot Gold, WTI Crude Oil Futures

This article compiles the latest insights from analysts at Economies.com, covering a range of products including spot gold and WTI crude oil futures!

Golden10 DataApr 17 12:52

Express News | According to informed sources in the trading industry, Indian banks have suspended orders for gold and silver from overseas suppliers.

BreakingsApr 17 12:36

Strategist: Silver faces a sixth consecutive year of supply shortage, yet struggles to return to the $120 peak.

Despite the silver market being on track for its sixth consecutive annual supply deficit, Bloomberg Intelligence senior market strategist Mike McGlone believes that this fundamental tailwind may not be sufficient to push silver prices back to their January highs this year. In his latest analysis report on the silver market, he reiterated his relatively cautious long-term outlook for silver. He explicitly stated that silver prices might oscillate within a range of $50 to $100 over the long term, making it difficult to achieve a trend-based substantial breakout. Current Market Dynamics: Struggling to Hold Above the Key Resistance Level of $80 Currently, silver prices have yet to sustain a breakout above $80.

FX678 FinanceApr 17 10:40

The ceasefire between Lebanon and Israel has been in effect for ten days, during which Trump seized the opportunity to call for dialogue: Iran agrees to not possess nuclear weapons, and the U.S. and Iran might resume talks over the weekend.

A ten-day ceasefire between Lebanon and Israel took effect on Thursday. Trump took the opportunity to state that Iran had agreed not to possess nuclear weapons, and the U.S. and Iran might resume talks this weekend. He claimed that 'Iran has agreed to almost all demands,' and the agreement would cause oil prices to plummet. However, Iranian officials have yet to respond.

Golden10 DataApr 17 07:32

The US launched the 'Economic Fury' campaign against Iran to pressure it into an agreement, while Iran condemned it as economic terrorism and stated that the adversaries misjudged the situation.

The U.S. Defense Secretary stated that the new operation would 'maximize economic pressure on Iran' and that combat operations could be resumed at any time if Iran refuses to reach an agreement. The U.S. military has expanded its blockade of shipping materials to Iran, claiming that tens of thousands of troops are involved in the blockade of Iranian ports, with 13 vessels already forced to turn back.

wallstreetcnApr 17 00:46

Silver may face a severe supply shortage again, with the World Silver Association warning of liquidity issues.

A recent report indicates that a new physical shortage is brewing in the global silver market, which may prompt another surge in silver prices.

cls.cnApr 16 15:17

Technical Analysis Report for April 16: Spot Gold, WTI Crude Oil Futures

This article compiles the latest insights from analysts at Economies.com, covering a range of products including spot gold and WTI crude oil futures!

Golden10 DataApr 16 12:59

Quick agreement between the US and Iran? Trump provides a 'timeline': Late April!

On Wednesday (15th) local time, U.S. President Trump stated that he believed the war with Iran was "about to end," and hinted that negotiations with Iran would resume this week.

cls.cnApr 16 08:25

Both the US and Iran have denied reaching a consensus on extending the ceasefire, while Hezbollah in Lebanon stated its agreement with the ceasefire on the condition that Israel must fulfill its obligations.

Multiple sources have recently reported that the United States and Iran may hold a second round of negotiations later this week, but the specific time and location have yet to be determined.

CCTV NewsApr 16 08:20

U.S. Import Prices Rise Less Than Expected in March

WSJApr 15 20:59

U.S. Pressures Iran Ahead of Negotiation Restart: Thousands of Troops Deployed to the Middle East, Trump Keeps 'All Options on the Table'!

More updates to follow.

wallstreetcnApr 15 17:53

Trump: No need to extend the ceasefire; the next two days will be very exciting.

The situation between the United States and Iran is entering a critical window period. Trump refused to extend the ceasefire, claiming that 'the next two days will be very exciting'; meanwhile, within less than 36 hours of the U.S. military's maritime blockade, 90% of Iran’s sea-dependent trade has been completely cut off, with eight oil tankers intercepted. The previous round of Islamabad negotiations collapsed, with disagreements unresolved. Under dual pressures of military and diplomatic fronts, the U.S.-Iran situation is approaching its most crucial juncture.

wallstreetcnApr 15 14:01

Technical Analysis Report for April 15: Spot Gold, WTI Crude Oil Futures

This article compiles the latest insights from analysts at Economies.com, covering a range of products including spot gold and WTI crude oil futures!

Golden10 DataApr 15 12:50

Gold prices rose as traders weighed the latest developments in the U.S.-Iran resumption of talks.

Gold prices rebounded after two consecutive days of declines as optimism resurfaced in the market regarding the resolution of U.S.-Iran tensions through negotiations, easing inflationary concerns. Silver prices rose to a near one-month high. Gold surged by 2.2% at one point, reaching $4,846.33 per ounce, recovering all losses from the previous two trading sessions. The United States and Iran are planning to hold a second round of peace talks in the coming days. Iran is considering suspending oil shipments through the Strait of Hormuz to pave the way for an agreement on the timing and venue of the talks. According to informed sources, both sides aim to engage in further discussions before the ceasefire agreement expires on April 7 next week.

Global Market MonitorApr 15 05:30