Silver price recovers sharply to near $36.00 after attracting bids around the 20-day EMA. The White House clarified that the US has no plans to strike Iran immediately. The Fed warned of upside inflation risks under the Trump’s leadership. Silver price (XAG/USD) claws back half of its early losses and rebounds to near $36.10 during
Gold price moves higher as Middle East tensions improve demand for safe-haven assets. Airstrikes by Iranian military forces hit Israeli intelligence agency. Investors expect the Fed to keep interest rates steady on Wednesday. Gold price (XAU/USD) trades 0.4% higher to near $3,400 during European trading hours on Tuesday. The yellow metal edges up as demand
XAU/USD Current price: $3,999.93 Escalating Middle East tensions spurred demand for safety at the beginning of the week. The Federal Reserve will announce its decision on monetary policy this Wednesday. XAU/USD corrected near-term overbought conditions, additional slides with limited potential. Spot Gold peaked at $3,452.41 at the weekly opening, retreating towards the current $3,400 price
Gold price attracts some dip-buyers and snaps a two-day losing streak. Fed rate cut bets weigh on the USD and underpin the XAU/USD pair. A positive risk tone and a pickup in the US bond yields might cap gains. Gold price (XAU/USD) edges higher during the first half of the European session and looks to
Gold price trades with a negative bias for the third straight day on Monday. A positive risk tone undermines demand for the safe-haven precious metal. Fed rate cut bets and geopolitical risks lend support to the XAU/USD pair. Gold price (XAU/USD) remains depressed through the early European session on Monday, though it lacks follow-through selling
Gold price sits near a record high amid geopolitical risks and rising trade tensions. Fed rate cut bets benefit the non-yielding yellow metal and remain supportive. A modest USD bounce caps the commodity ahead of the crucial FOMC decision. Gold price (XAU/USD) enters a bullish consolidation phase near the all-time peak as bulls pause for
Gold price trades with a negative bias for the fifth straight day amid smaller Fed rate cut bets. A modest USD downtick, along with geopolitical risks, could offer support to the XAU/USD. Traders look to the FOMC minutes and the US inflation figures for a fresh directional impetus. Gold price (XAU/USD) attracts some sellers for
Gold price trades with a negative bias for the sixth straight day amid smaller Fed rate cut bets. Hopes of a possible Hezbollah-Israel ceasefire further undermine the safe-haven commodity. Traders now look to the FOMC minutes for short-term impetuses ahead of the US inflation figures. Gold price (XAU/USD) fell nearly 1.5% intraday and touched a
Gold price failed to build on the overnight positive move in the wake of the upbeat US data. Easing US recession fears boost investors’ confidence and contribute to capping the metal. Geopolitical risks and bets on an imminent start of the Fed’s rate-cutting cycle lend support. Gold price (XAU/USD) attracted some dip-buying near the $2,432
Gold price regains some positive traction following the overnight post-US CPI decline. Persistent geopolitical risks and Fed rate cut bets continue to offer support to the metal. A modest USD uptick and a positive risk tone could act as a headwind for the XAU/USD. Gold price (XAU/USD) witnessed an intraday turnaround from the vicinity of