Gold price hits new record high, silver near 3-year high and WTI 6-month high
The oil price remains bid on supply worries while gold hits a new record high and silver prices rally to levels last seen in June 2021.

WTI trades in six-month highs
WTI crude oil front month futures prices have so far seen five consecutive days of gains and trade at levels last seen in late October amid heightened tensions in the Middle East and following Wednesday’s OPEC+ meeting. Front month WTI futures flirt with their 85.62 late October high, above which beckon the 89.77 October peak and the psychological 90.00 mark. Potential slips should find support around the 83.12 March high. Further minor support lies at the 25 March high at 82.36.

Gold price trades at new record high
Spot gold has been rising for seven straight days and made a new record high above the $2,300 mark. Further upside is in store while Wednesday’s low at $2,265 underpins. Above this level minor support can be spotted at Tuesday’s $2,288 high. Above the current $2,305 all-time high lies the $2,400 region.

Silver price rises to levels last seen in June 2021
Spot silver saw five straight days of strong gains take it to levels last seen in June 2021 by rising to this morning’s $27.33 per troy ounce high. Above it lies the $28 region. Good support can now be seen between the December-to-March highs at $25.77.

Related articles
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.