Silver prices rise to 13-year highs as the white metal tests $36.00. Demand for Silver as an industrial metal surges despite softer demand for safe havens. The Gold/Silver ratio plunges, representing a risk-off tone. Silver (XAG/USD) is experiencing another day of positive gains, which has pushed prices to $36.00, its highest level since February 2012,
Daily Natural GasDespite a three-day slide, buyers appeared near the 200-day moving average, sparking intraday short-covering rallies. However, each bounce has been met with renewed selling interest, confirming a “sell the rally” pattern. Technical resistance remains layered between $3.791 and $3.859, but a true trend reversal would require a close above the 50-day moving average
Gold failed to stabilize above $3,400 following a bullish start to the week. May inflation data from the US and trade headlines could continue to drive XAU/USD action. The technical outlook fails to provide a direction clue in the near term. Gold (XAU/USD) started the week on a strong footing but failed to gather further
Gold trims gains as the Dollar picks up ahead of the US NFP reading. US economy is expected to have created 130,000 jobs in May. XAU/USD shows a bearish divergence, which points to a weaker bullish momentum. Gold (XAU/USD) is practically flat on Friday, trapped within the last few days’ trading range. The broader trend
Silver price maintains its position near the highest level since February 2012. The safe-haven demand For Silver increases as soft US economic data fuels the Fed rate cut odds. US NFP could have added 130,000 jobs in May, while the Unemployment Rate is expected to hold steady at 4.2%. Silver price (XAG/USD) remains stronger for
Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 406.74 Saudi Riyals (SAR) per gram, up compared with the SAR 404.29 it cost on Thursday. The price for Gold increased to SAR 4,744.09 per tola from SAR 4,715.56 per tola a day earlier. Unit
· Gold price bounces but remains in a familiar range on NFP Friday. · The US Dollar finds demand amid US-China optimism, Trump-Musk feud. · Gold price needs to scale key daily resistance at $3,377 to resume the uptrend. · A weak May US jobs report could revive the Gold price record rally.
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At 09:10 GMT, Light Crude Oil Futures are trading $63.07, up $0.22 or +0.35%. Saudi Price Cuts and OPEC+ Supply Moves Weigh on Sentiment Crude came under pressure midweek after Saudi Arabia reduced its July selling prices to Asia to the lowest in nearly two months. While the cuts were milder than expected, they reflect
Gold prices fell in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,297.71 Indian Rupees (INR) per gram, down compared with the INR 9,313.37 it cost on Wednesday. The price for Gold decreased to INR 108,443.00 per tola from INR 108,629.30 per tola a day earlier. Unit measure