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Market News

  • Gold Has Retreated From Record Highs. What’s Next?

    While the price of gold has come down this year, structural factors continue to support it, and could push it back above USD 5,000 by year-end. Gold prices have dropped more than 20% from January’s all-time high, but remain 25% higher than a year ago. This sets the stage for 2026 to be one of

    June 11, 2026
  • Euro: Downside risk capped by 1.1500 against US Dollar – UOB

    United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a soft tone on EUR/USD, noting scope for the Euro to edge lower but expecting 1.1500 to hold for now, with 1.1520 as nearby support. Over 1–3 weeks, they maintain a negative bias, looking for a break of 1.1500 to open 1.1445, while

    June 11, 2026
  • Silver Price Forecast: XAG/USD rises to near $64 on hopes that US-Iran ceasefire remains intact

    Silver price (XAG/USD) claws back its early losses and rises to near $64.10 during the early European trading session on Thursday. The white metal attracts bids amid hopes that the April ceasefire between the United States (US) and Iran remains intact despite the exchange of attacks this week. US President Trump has told aides to

    June 11, 2026
  • Oil prices may approach $150 amid US-Iran escalation, Rystad says

    Rising tensions between Iran and the United States have put the April ceasefire agreement at risk, and oil prices may approach $150 per barrel if full-scale fighting resumes, Jorge Leon, head of geopolitical analysis at consulting firm Rystad Energy, said. Report informs that Leon said the likelihood of reaching an agreement in the near term

    June 11, 2026
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