Gold set a new all-time high for the fourth consecutive week. Investors will remain focused on Trump tariff talks in the absence of high-tier data releases. XAU/USD remains within an uptrend, but overbought conditions could pave the way for a correction. Gold (XAU/USD) regained bullish momentum and touched a new record high above $2,950 on
Gold set a new all-time high for the fourth consecutive week. Investors will remain focused on Trump tariff talks in the absence of high-tier data releases. XAU/USD remains within an uptrend, but overbought conditions could pave the way for a correction. Gold (XAU/USD) regained bullish momentum and touched a new record high above $2,950 on
Gold price corrects from near all-time highs early Friday, anticipating US PMI data. US Dollar attempts a comeback amid cautious mood, despite sluggish US Treasury bond yields Gold price remains exposed to upside risks, as the daily technical setup indicates. Gold price is on a corrective move lower from near record highs of $2,955 set
At 12:04 GMT, Light Crude Oil Futures are trading $72.30, up $0.20 or +0.28%. US Crude Inventory Build Puts Pressure on Oil Prices Oil prices remained largely unchanged on Thursday after hitting a near one-week high in the previous session. The American Petroleum Institute (API) reported a 3.34 million barrel increase in U.S. crude inventories
Gold this Thursday has already performed a fresh all-time high at around $2,955. US President Donald Trump called Ukraine a dictatorship which started the war. More all-time highs in Gold are possible if the Greenback weakens further and US yields drop off. Gold’s price (XAU/USD) orbits near its fresh all-time high after already having printed one
Here is what you need to know on Thursday, February 20: While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday. The US economic calendar will feature the weekly Initial Jobless Claims report and the European Commission will publish
Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions. Gold price (XAU/USD) sticks to its positive bias through the
Gold price enters a bullish consolidation phase as Trump’s tariffs affect risk sentiment. US Dollar struggles to hold ground despite hawkish Fed Minutes as US Treasury yields decline weighs. Gold price awaits acceptance above $2,950 as the daily technical setup favors buyers. Gold price has entered a bullish consolidative mode early Thursday, just under
Daily Gold (XAU/USD)Gold’s surge to a record $2,947.08 has reinforced silver’s bullish sentiment. Safe-haven demand is driving both metals, particularly after U.S. President Donald Trump’s tariff threats rattled markets. The proposed 25% tariffs on auto imports, semiconductors, and pharmaceuticals have raised fears of economic disruptions, prompting investors to seek protection in hard assets. Historically, gold
Silver price edges lower to $32.75 in Wednesday’s Asian session. The constructive outlook of Silver remains in play above the 100-day EMA with the bullish RSI indicator. The first upside barrier emerges at the $33.30-$33.40 region; the initial support level is located at $31.79. Silver price (XAG/USD) attracts some sellers to near $32.75 during the Asian