Gold and silver rally stumbles but fundamentals remain supportive
Doubts have emerged over the precious metals rally after a steep sell-off driven by a dollar rebound, but long-term structural demand drivers continue to support further upside.
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 6 of 140
Doubts have emerged over the precious metals rally after a steep sell-off driven by a dollar rebound, but long-term structural demand drivers continue to support further upside.
Australia’s central bank raised rates for the first time since late 2023 amid strengthening price pressures, sending the Aussie higher.
USOIL declines as Trump says the US and Iran are talking, easing supply disruption risks, while the greenback recovers after the President nominated a Fed insider to succeed Chair Powell.
Revenues declined in 2025 following a marked drop in EV sales, yet the company presses ahead with its autonomy ambitions, backed by substantial investment.
The pair reached new highs after firm Australian inflation, but erases gains as the greenbacks recovers, with rate decisions by the Fed and the RBA looming.
XAU/USD demand is being fuelled by lingering geopolitical and trade tensions, a weak greenback, and broader currency debasement trends.
The pair drops as markets anticipate FX intervention, after Japanese Prime Minister Takaichi vowed to act against speculative moves, while broader US dollar weakness adds pressure.
XAU/USD extends its rally to new record highs amid heightened geopolitical and trade uncertainty, after President Trump announced extra tariffs on European nations until Greenland is sold to the United States.
USOIL drops as Trump backs off from military action on Iran, easing supply disruption risks and bringing lingering glut prospects back into focus.
The precious metal has broken above $90 per ounce, driven by US dollar weakness linked to Fed independence concerns, geopolitical risk-off flows, and demand from AI, cleantech and defence.
USOIL mixed as markets assess protests in Iran and President Trump weighing military options, as well as the challenges of restoring Venezuela’s production capacity, but broader supply–demand dynamics remain unfavourable.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.