Silver prices maintain their bid tone, favoured by a weak USD.. Weak US services and employment figures boosted safe-haven demand on Wednesday. XAG/USD is moving within a small ascending triangle, a bullish sign. Silver prices (XAG/USD) maintain their bullish structure intact, with bulls aiming for the $34.60-$34.80 resistance area, with downside attempts contained above the
Gold price consolidates previous gains below $3,400 early Thursday. The US Dollar bounces after weak US data-led declines, will it last? Gold price battle with key resistance zone at $3,377 on the daily chart extends. Focus remains on Russia-Ukraine geopolitical updates, trade headlines. Gold price is consolidating the previous recovery gains while remaining
Gold price bounces back toward $3,400 early Wednesday, awaits US jobs data. The US Dollar loses JOLTS survey-led traction as trade jitters remain a drag. Gold price retests key resistance zone near $3,377 on the daily chart amid bullish RSI. Gold price is staging a tepid turnaround above $3,350 in Asian trading on Wednesday.
Gold trades in the green as US-China tensions boost demand for safe havens. The US Dollar weakens amid additional tariff threats. Gold prices recover above $3,350, adding over 2.50% for the day, at the time of writing. Gold prices are trading positively on Monday, driven by market uncertainty and an increased demand for safe-haven assets.
Gold price edges higher to near $3,310 in Monday’s early Asian session. Economic uncertainty and geopolitical risks provide some support to the Gold price, a safe-haven asset. US PCE inflation eased to 2.1% YoY in April, softer than expected. The Gold price (XAU/USD) rebounds to around $3,310 during the early Asian trading hours on Monday.
Silver keeps posting lower highs since peaking at $33.70 last weekRecent price action is forming a descending triangle pattern, a bearish sign.XAG/USD: Below the $32.60-3270 support, the next targets are $32.15 and $31.70. Silver prices (XAG/USD) are paring losses during Friday’s European session. The pair has returned above the $33.00 level following a significant reversal
Precious metals are trading in mixed fashion this Friday, May 30, as market participants position ahead of the Core PCE Price Index report set to be released in the North American session. This data remains the Federal Reserve’s preferred inflation measure and holds strong potential to shift market sentiment across gold, silver, and platinum. Gold
Gold price meets with a fresh supply on Friday amid the emergence of some USD dip-buying. Trade tensions, geopolitical risks, and Fed rate cut bets should limit losses for the commodity. Traders look to the US PCE Price Index for Fed rate cut bets and a fresh impetus. Gold price (XAU/USD) struggles to capitalize on
Gold prices reversed three daily drops in a row, regaining $3,330. The US Dollar traded on the back foot on poor data and trade headlines. The yellow metal’s upside now retargets the monthly peaks near $3,440. Gold managed to regain the smile on Thursday, rebounding to the $3,330 zone per troy ounce on the resurgence
Gold price extends losses to hit weekly lows below $3,250 early Thursday. The US Dollar recovers further on the US court’s tariff ruling, cautious Fed Minutes and upbeat mood. Gold buyers appear to give up as the RSI breaches the midline, critical support near $3,295 cracked. Gold price is extending its four-day bearish