Gold, silver likely to trade positive amid hopes of de-escalation in West Asia, crude oil prices slip

WTI Crude Oil Plunges On Renewed Iran De-escalation Hopes, Eyes Turn To Critical API Inventory Data

BitcoinWorld WTI Crude Oil Plunges on Renewed Iran De-escalation Hopes, Eyes Turn to Critical API Inventory Data NEW YORK, April 8, 2025 – WTI Crude Oil futures experienced a significant pullback in Tuesday’s trading session, shedding over 2.5% as renewed diplomatic hopes for de-escalation with Iran alleviated immediate supply fears. Consequently, market participants shifted their focus toward the impending American Petroleum Institute (API) wee…

Crude Oil Prices Retreat on Hopes the Iran War is Near an End

May WTI crude oil (CLK26 ) on Tuesday closed down -1.50 (-1.46%), and May RBOB gasoline (RBK26 ) closed down -0.0559 (-1.71%). Crude oil and gasoline prices gave up an early advance on Tuesday and settled sharply lower on hopes that the war in Iran is near an end. Crude...

Gold & Silver To Trade Higher On Hopes Of West Asia De-escalation, Crude Oil Prices Slip

Gold and silver prices are expected to open positively in Tuesday’s evening session on MCX amid hopes of de-escalation in the West Asia conflict following signals from US President Donald Trump. Spot gold jumped up to 2.39 percent to 4,619 dollars per ounce, and silver surged nearly 5 percent. However, bullion is still on track for its steepest monthly decline in over 17 years.

Gold, silver likely to trade positive amid hopes of de-escalation in West Asia, crude oil prices slip

Gold and silver prices are likely to open higher in Tuesday’s evening session amid hopes of de-escalation in the West Asia conflict.