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Domestic coffee prices today

Coffee prices today in the domestic market remain stable compared to the previous session. According to the updated table on July 27, the purchase price in the Central Highlands ranges from 95,300-96,000 VND/kg.

In Dak Lak, coffee prices are recorded at 95,800 VND/kg. Gia Lai also has a purchase price of 95,800 VND/kg.

In Lam Dong, coffee prices are at 95,300 VND/kg, the lowest among the surveyed areas.

The old Dak Nong area, now belonging to Lam Dong province, continues to have the highest price, reaching 96,000 VND/kg.

Domestic coffee prices are currently flat after the previous recovery session. Compared to the end of last week, the price level is still about 1,900 VND/kg lower, showing that the market has not escaped the short-term correction.

World coffee prices

In the world market, data recorded on July 27th showed no new fluctuations in the main terms.

On the London exchange, the September 2026 Robusta futures contract remained at $3,757/ton. The November 2026 term remained at $3,738/ton.

On the New York floor, the Arabica contract for September 2026 is at 313.80 US cents/lb. The December 2026 term is kept at 298.05 US cents/lb.

Compared to the most recent session, some price tables recorded Robusta July futures decreasing, while longer-term futures recovered; Arabica slightly increased in the main terms.

Coffee price assessment

Domestic coffee prices went sideways around the 96,000 VND/kg range after the recovery session, but were still significantly lower than the approaching 99,000 VND/kg range previously recorded.

From a global market perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to May 2026. This shows that world coffee prices are still under adjustment pressure after a period of strong increase.

With Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. The prospect of increased supply continues to be a factor that can curb the upward momentum in the medium term.

Regarding the weather, the Central Highlands is in the rainy season. The National Center for Hydro-Meteorological Forecasting forecasts that the Central Highlands region will have showers and thunderstorms in some places; especially in the afternoon and night, there will be rain, moderate rain and scattered thunderstorms, locally heavy rain, concentrated in the South.

In the coming sessions, developments on the London exchange, New York exchange, USD/VND exchange rate, inventory and demand for export purchases will continue to dominate the market.

From a fundamental perspective, the core factor influencing gold price trends recently has been the US-Iran situation. Previously, the escalating conflict between the US and Iran over the Strait of Hormuz and Gulf shipping security pushed Brent crude prices above $100 at one point. The market worried that rising energy prices would drive US inflation back up and force the Federal Reserve to maintain high interest rates for longer, or even keep the possibility of further rate hikes on the table, putting downward pressure on gold.

However, the US-Iran situation showed clear signs of cooling over the weekend. According to reports, Iran stated that as long as the US stops its attacks, Iran will also suspend its own attacks; meanwhile, the US has also suspended its bombing campaign against Iran. The latest reactions from both sides have temporarily pushed the US-Iran conflict into a de-escalation phase, easing market concerns over supply disruption risks in the Strait of Hormuz. Consequently, oil prices fell sharply, with Brent crude ( UKOIL) falling over 13% at one point today, and WTI crude ( USOIL) falling over 7%. The drop in oil prices is indirectly positive for gold, as falling energy prices help ease inflation expectations and weaken market bets on aggressive Fed rate hikes.

Brent crude price trend, Source: TradingView

It is worth noting that the risks of the US-Iran situation have not been truly resolved. Although both sides have suspended fire, this is currently a temporary de-escalation rather than a lasting peace agreement. The core conflicts between the US and Iran over transit rights in the Strait of Hormuz, Iran’s military capabilities, and its regional influence remain unresolved. Meanwhile, Yemen’s Houthi rebels continue to attack energy facilities along Saudi Arabia’s Red Sea coast, indicating that Middle East energy transit risks have not fully subsided. Should vessels in the Gulf or Red Sea routes be attacked again, or if port blockades or military retaliation occur in the future, oil prices could rebound, and gold could once again fall under pressure.

In addition, the Federal Reserve’s July interest rate meeting is coming up this week. The Fed will hold its interest rate policy meeting from July 28 to 29, and the market widely expects a high probability of rates being held steady, though uncertainty remains over whether it will hike rates in September. If Federal Reserve Chairman Kevin Warsh emphasizes falling oil prices and easing inflationary pressures in his post-meeting speech, gold may continue to benefit; however, if he continues to emphasize that inflation remains above target and the Fed should not rush to cut rates for the time being, the upside for gold prices will remain capped.

Gold price daily chart, Source: TradingView

Looking at gold’s daily chart, today’s gold price opened nearly $40 higher, supported by positive news of easing US-Iran tensions, indicating that market bullish sentiment has been boosted by the news, which may support a continued short-term rise in gold prices. Meanwhile, the moving average system shows that the gold price trend was previously suppressed by the 20-day moving average, but the recent trend has successfully broken through the resistance of the 20-day moving average, demonstrating that the market’s bullish momentum has been further strengthened.

Gold price 4-hour chart, Source: TradingView

Looking at gold’s 4-hour chart, gold’s candlestick structure has formed an inverse head and shoulders pattern, which means that gold’s bullish momentum has been significantly enhanced, and the gold price will continue to rise in the short term. The primary upside target will be to break above the $4,200 resistance level, with the next hurdle at the $4,300 mark. If the gold price can break through $4,300, it will further test the key resistance level at $4,380.

On the downside, the primary support level for gold to watch is around $4,084. If this level is breached, the gold price may move downward to fill today’s gap, potentially falling back to around $4,050. If it continues to fall, it may further test the support level near $4,020.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

Natural gas price remains surrounded by strong factors that are represented by stability below the resistance of $3.350 besides forming extra barrier at $3.200 level, to confirm its surrender to the previously suggested bearish scenario.

The fluctuation near $2.880 level is caused by the attempt of gathering the required negative momentum to confirm breaking the barrier at $2.820, to ease the mission of resuming the bearish trend by reaching $2.620, where breaking it will confirm its move to a new negative station, to expect forming extra target at $2.620 support.

The expected trading range for today is between $2.620 and $3.100

Trend forecast: Bearish

Copper price is affected by some negative factors, starting by the stability below $6.5100 barrier, besides the continuation of providing negative momentum by stochastic, forcing it to delay the bullish attempts and providing negative fluctuation by holding near $62700.

The continuation of the negative pressure might push the price to retest the initial support at $6.1000, where breaking it will confirm the dominance of the bearish corrective bias in the upcoming trading, to expect forming initial corrective target at $5.9200 level, while breaching the barrier and holding above it will reinforce the chances of recording new gains by its rally towards $6.5900 initially. 

The expected trading range for today is between $6.1000 and $6.4100

Trend forecast: Bearish

Domestic coffee prices today

Today’s coffee price in the domestic market remained around 96,000 VND/kg after the previous rebound session.

In Dak Lak, coffee prices are recorded at 95,800 VND/kg. Gia Lai also has a purchase price of 95,800 VND/kg.

In Lam Dong, coffee prices are at 95,300 VND/kg, the lowest among the surveyed areas.

The old Dak Nong area, now belonging to Lam Dong province, continues to have the highest price, reaching 96,000 VND/kg.

Compared to the previous decrease, the price has recovered by about 1,100-1,300 VND/kg in many regions; however, if calculated for the past week, the price level is still about 2,000 VND/kg lower.

The current price level is still higher than the area at the beginning of July, but has receded quite far from the area close to 99,000 VND/kg recorded in previous sessions.

World coffee prices

In the world market, coffee prices had a slight recovery in the most recent session.

On the London exchange, the September 2026 Robusta futures contract increased by 49 USD/ton, equivalent to 1.32%, to 3,757 USD/ton. The November 2026 futures contract increased by 39 USD/ton, reaching 3,738 USD/ton.

On the New York exchange, Arabica futures in September 2026 increased by 4.4 US cents/lb, equivalent to 1.42%, to 313.80 US cents/lb. December 2026 futures increased by 1.6 US cents/lb, to 298.05 US cents/lb.

However, in general, last week, world coffee prices still decreased compared to the beginning of the week. This development shows that the latest recovery is not enough to ease the adjustment pressure after the previous hot increase period.

Coffee price assessment

Domestic coffee prices remained around 96,000 VND/kg after the recovery session, while world prices also slightly increased again. However, the market still needs more confirmation sessions to assess whether the recovery trend is sustainable or not.

From an supply-demand perspective, the International Coffee Organization (ICO) said that the average ICO aggregate price index in June 2026 reached 248.90 US cents/lb, down 2.8% compared to the previous month. This development shows that the international market is still affected by expectations of improved supply.

With Robusta, the Coffee Annual report of the Foreign Agricultural Services Agency of the US Department of Agriculture (USDA/FAS) in Vietnam forecasts that Vietnam’s coffee production in the 2026-2027 crop year will reach 32.5 million bags converted to green beans. This is a factor that can curb the upward momentum in the medium term.

Regarding the weather, the Central Highlands is in the rainy season. The National Center for Hydro-Meteorological Forecasting said that on July 26, the Central Highlands area will have scattered showers and thunderstorms, locally heavy rain, concentrated in the late afternoon and night. This factor needs to be monitored in the stages of garden care, pest and disease prevention and goods preservation.

Economists at MUFG believe oil prices remain vulnerable to fresh gains despite Friday’s sharp pullback, warning that disruption to global shipping routes is becoming a bigger driver of the market than the direct loss of crude supply.

The WTI crude price in US Dollars (OIL/USD) traded at $85.88 on Friday after retreating from Thursday’s spike to $92.09, but prices remain almost 23% higher in July following escalating tensions involving Iran, the Red Sea and the Strait of Hormuz.

The latest surge in crude prices has been fuelled not only by continued US strikes on Iran but also by growing threats to shipping routes that carry energy supplies around the world.

MUFG says geopolitical risks have broadened well beyond the Middle East.

“Oil climbs as geopolitical risks extend beyond the Middle East.”

The bank notes that Houthi attacks in the Red Sea, tanker incidents near the Strait of Hormuz and strikes on Russia’s Black Sea export infrastructure have all combined to increase uncertainty surrounding global energy transportation.

Although the Strait of Hormuz remains open, MUFG says commercial shipping has already been affected.

“Commercial shipping through the waterway has declined sharply.”

According to the bank, several tanker operators have altered routes to avoid the Red Sea, increasing transport costs and reducing the efficiency of global energy flows.

Rather than focusing solely on crude production, MUFG believes investors should pay closer attention to transport infrastructure.

“The widening geographic scope of supply disruptions suggests oil prices are increasingly being driven by global transportation risks.”

The chart above highlights the sharp jump in oil prices following renewed attacks on shipping and energy infrastructure, before Friday’s partial correction.

The bank argues that attacks on the Caspian Pipeline Consortium terminal on Russia’s Black Sea coast reinforce the risk that supply disruptions are spreading beyond the Gulf region.

Combined with falling tanker traffic through Hormuz, that leaves oil markets increasingly sensitive to any further escalation.

While Friday’s retreat suggests some profit-taking after this week’s rally, MUFG believes downside risks remain limited as long as transport disruptions persist.

“Oil prices are increasingly being driven by global transportation risks, leaving the market vulnerable to further upside if geopolitical tensions persist.”

The bank believes a sustained disruption to shipping through either the Strait of Hormuz or the Red Sea would continue to tighten physical markets, even if headline crude production remains relatively stable.

The one-year chart shows the extraordinary volatility in oil prices during 2026, with July’s rally reversing much of June’s sharp decline as geopolitical risks returned to dominate trading.

Our currency coverage draws on live market data, official economic releases and published bank research.

BitcoinWorld

Gold Price Forecast: XAU/USD Retains Bearish Bias as Markets Brace for Fed Decision

Gold prices are holding a bearish bias as of mid-March 2025, with the XAU/USD pair trading under pressure ahead of the U.S. Federal Reserve’s upcoming monetary policy decision. The precious metal remains constrained by a strengthening U.S. dollar and rising bond yields, which continue to diminish the appeal of non-yielding assets like gold.

Technical Outlook Remains Weak for XAU/USD

From a technical perspective, gold has failed to reclaim key resistance levels near $2,150 per ounce, with sellers maintaining control below the 50-day moving average. The daily chart shows a series of lower highs since late February, suggesting that momentum has shifted in favor of bears. Immediate support lies at the $2,080 region, a break of which could open the door toward the $2,020 area.

The Relative Strength Index (RSI) on the daily timeframe has dipped below 45, indicating bearish momentum without being oversold. This leaves room for further downside before the asset enters technically oversold territory. Traders are watching for a decisive close below $2,080 to confirm the next leg lower.

Macro Pressures Intensify Ahead of Fed Decision

The Federal Reserve is widely expected to hold interest rates steady at its March 2025 meeting, but the focus will be on the accompanying dot plot and Chair Jerome Powell’s commentary. Persistent inflation data in recent months has reduced expectations for near-term rate cuts, a scenario that typically weighs on gold prices.

Higher interest rates increase the opportunity cost of holding gold, which offers no yield. The U.S. Dollar Index (DXY) has climbed to a three-month high, further pressuring XAU/USD. Market pricing currently reflects only a 30% probability of a rate cut by June 2025, down from over 60% at the start of the year.

Why This Matters for Gold Investors

For physical gold holders and ETF investors, the current environment suggests a cautious approach. The bearish bias does not guarantee a sustained selloff, but it does indicate that the path of least resistance is lower in the near term. Safe-haven demand remains a supportive factor amid geopolitical uncertainties, but it has been insufficient to overcome macro headwinds.

Investors should monitor the Fed’s language on inflation and the economic outlook closely. A hawkish surprise could accelerate gold’s decline, while any dovish signals may trigger a short-term relief rally. The $2,080 support level will be the key line in the sand for traders this week.

Conclusion

Gold retains a bearish bias as of mid-March 2025, with technical indicators and macro factors aligning against the precious metal. The upcoming Federal Reserve decision represents the most significant near-term catalyst. A break below $2,080 would likely confirm further downside, while a hawkish Fed outcome could reinforce the current trend. Investors should remain focused on the central bank’s forward guidance for clearer direction.

FAQs

Q1: Why is gold price bearish heading into the Fed week?
Gold is under pressure due to a stronger U.S. dollar, rising bond yields, and reduced expectations for Federal Reserve rate cuts. These factors collectively reduce the appeal of non-yielding assets like gold.

Q2: What is the key support level for XAU/USD right now?
The immediate support level is near $2,080 per ounce. A decisive break below this level could open the door toward the $2,020 region.

Q3: How could the Fed decision affect gold prices?
A hawkish Fed stance, signaling delayed rate cuts, would likely pressure gold further. Conversely, any dovish signals could trigger a short-term rally. The dot plot and Powell’s commentary will be critical.

This post Gold Price Forecast: XAU/USD Retains Bearish Bias as Markets Brace for Fed Decision first appeared on BitcoinWorld.

BitcoinWorld

Silver Price Forecast: XAG/USD Rebounds as US Dollar Weakens

Silver prices (XAG/USD) recovered ground on [current trading date], snapping a recent losing streak as the US Dollar eased against a basket of major currencies. The rebound comes after a period of selling pressure that pushed the white metal to multi-week lows, with traders now assessing whether the move marks a temporary correction or the start of a more sustained uptrend.

What is driving the silver price recovery?

The primary catalyst for the silver rebound is a softening of the US Dollar. The US Dollar Index (DXY) slipped lower on [current trading date], retreating from recent highs as market participants digested mixed economic data and adjusted expectations for Federal Reserve interest rate policy. A weaker dollar makes dollar-denominated commodities like silver more attractive to holders of other currencies, typically providing a tailwind for prices.

Additionally, a slight dip in US Treasury yields reduced the opportunity cost of holding non-yielding assets like silver. The metal has also found some support from renewed safe-haven demand amid lingering geopolitical uncertainties, though gains have been capped by a generally cautious risk appetite in broader financial markets.

Silver technical outlook and key levels

From a technical perspective, XAG/USD is attempting to build on its recovery after finding buying interest near the $[support level] area. The immediate resistance level to watch is around $[resistance level], a zone that previously acted as support. A decisive break above this level could open the door for a test of the next resistance band near $[next resistance level].

On the downside, the recent low near $[support level] remains the key support to defend. A break below this level would negate the current recovery attempt and expose the next support zone near $[next support level]. The 14-day Relative Strength Index (RSI) is hovering near the oversold threshold, suggesting that selling pressure may be exhausted in the near term, but a clear directional catalyst is still lacking.

What this means for precious metals investors

The current price action in silver underscores the metal’s sensitivity to US Dollar dynamics and interest rate expectations. For traders, the focus remains on upcoming US economic data releases, particularly inflation figures and employment reports, which could influence the Federal Reserve’s policy path. A more dovish Fed outlook would likely weaken the dollar further, providing additional support for silver and gold.

However, silver’s dual nature as both a precious metal and an industrial metal adds complexity to its outlook. Concerns about global industrial demand, particularly from China, could limit upside potential even if the dollar weakens. Investors should monitor industrial production data and manufacturing PMIs for signals on demand trends.

Conclusion

The silver price recovery is primarily a function of short-term US Dollar weakness, offering some relief after recent losses. While technical indicators suggest the potential for further gains, the sustainability of the move depends on incoming economic data and shifts in Federal Reserve policy expectations. Traders should remain cautious and watch for a confirmed break above key resistance levels before committing to a bullish stance.

FAQs

Q1: Why does silver price move inversely to the US Dollar?
Silver is priced in US Dollars. When the dollar weakens, it takes fewer units of other currencies to buy the same amount of silver, increasing demand and pushing prices higher. Conversely, a stronger dollar makes silver more expensive for foreign buyers, typically weighing on prices.

Q2: What are the key support and resistance levels for XAG/USD right now?
As of [current trading date], immediate support is near $[support level], with the next key support at $[next support level]. On the upside, resistance is seen at $[resistance level], followed by $[next resistance level]. These levels are dynamic and can shift with market conditions.

Q3: How does Federal Reserve policy affect silver prices?
Federal Reserve interest rate decisions impact the US Dollar and Treasury yields. Higher rates tend to strengthen the dollar and increase the opportunity cost of holding non-yielding silver, which is bearish. Expectations of rate cuts or a pause in tightening typically support silver prices by weakening the dollar and lowering yields.

This post Silver Price Forecast: XAG/USD Rebounds as US Dollar Weakens first appeared on BitcoinWorld.

Copper price failed in breaching the barrier at $6.5100, forcing it to delay the bullish trend and providing a clear negative rebound, to settle near $6.2500, the current decline will not affect the chances of renewing the bullish trend, depending on the stability of the extra support at $6.1000, to wait for gathering positive momentum and begin forming bullish waves, to repeat the pressure on the mentioned barrier.

While the decline below the additional support and providing negative close will increase the strength of the bearish corrective track, to expect suffering several losses by reaching $5.9200 and $5.8100.

The expected trading range for today is between $6.1500 and $6.5000

Trend forecast: Fluctuated within the bullish trend