Commodities

With Comex futures at $3,534 and spot holding near $3,400, XAU/USD gains momentum as trade policy, monetary shifts, and geopolitical risks converge | That's TradingNEWS

September NG=F hovers around $3.05 as bullish storage (-22 Bcf vs 5-yr on an equivalent basis, +7 actual), rising production at 108.7 Bcf/d and cooler late-August forecasts clash; reclaiming $3.11/$3.15/$3.20 unlocks $3.34, while a slip under $3.02 exposes $2.90–$2.85 | That's TradingNEWS

Indian refiners pivot to non-Russian barrels while Russia courts China with discounted Urals, U.S. field activity lags at 539 rigs and 167 frac crews with production at 13.284M bpd, Saudi active oil rigs drop to 20, and China’s 11.16M bpd July imports frame near-term trading bands for CL=F and BZ=F | That's TradingNEWS

With spot gold futures at $3,490 and a shooting-star pattern giving way to an ascending triangle breakout, XAU/USD faces overhead resistance at $3,435 en route to a measured-move target of $3,735 underpinned by Fed-cut expectations and record ETF inflows | That's TradingNEWS

Short-covering from the $2.895 low lifts futures toward $3.19–$3.22 and the $3.301 pivot, with bulls aiming for $3.45–$3.60; a slip below $3.02–$2.97 and $2.85 risks a fade amid ~107.9 Bcf/d output and stocks 6.7% above seasonal | That's TradingNEWS

Balanced between an unexpected 7.7 million-barrel EIA build, Saudi OSP increases for Asia and looming U.S. tariffs on Indian crude imports, WTI braces for its next directional cue | That's TradingNEWs

XAU/USD rallies above $3,400 amid escalating tariffs, dovish Fed expectations and central-bank buying spree | That's TradingNEWS

Production surpassing 106 Bcf/d alongside elevated LNG flows and looming bullish storage data hint at a seasonal bottom for Natural Gas ahead of the EIA report | That's TradingNEWS

With Iraq poised to send 80,000 bpd of Kurdish crude through Turkey’s Ceyhan pipeline and U.S. President Trump preparing 50% levies on Indian imports over Russian oil, Brent and WTI face a tug-of-war between renewed supply flows and geopolitical risk | That's TradingNEWS

XAU/USD slips 0.1 percent after touching a three-week high, as investors weigh 87 percent odds of a September rate cut against rising U.S. import duties | That's TradingNEWS

Robust production growth and bloated storage overshadow temporary support from rising LNG exports and late-season heat forecasts | That's TradingNEWS

Record 4.63 million boe/d from ExxonMobil and 3.40 million boe/d at Chevron combine with a 547,000 b/d OPEC+ boost to pressure oil price despite peak summer demand and Asian coal imports | That's TradingNEWS

NG=F sinks to four-month lows as 70 bcf build and oversupply pressure technical breakdowns toward key targets at $2.86, $2.63 and beyond | That's TradingNEWS

WTI crude dips to $66.29 and Brent stalls at $68.79 as expanded OPEC+ output and the prospect of 100% tariffs on Russian oil unsettle markets | That's TradingNEWS

XAU/USD holds above $3 350 as US nonfarm payrolls disappoint, 10-year yields slip to 4.20% and Citi lifts its three-month forecast to $3 500 per ounce | That's TraidngNEWS

Heavy U.S. pipeline inflows and surging LNG export infrastructure offset Türkiye’s 15% plunge in spot market trading value to $366K | That's TradingNEWS