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Gold: FOMC repricing caps CTA upside – TD Securities
TD Securities strategists explain that Gold has bounced after the Federal Open Market Committee (FOMC) left rates unchanged and Chair Warsh signaled tolerance for an inflation shock.
Gold: Central bank demand seen easing after Q2 rebound – BNY
BNY’s Geoff Yu notes World Gold Council (WGC) data showing a sharp rebound in central bank Gold purchases to a record 289 tons in Q2, led by Poland and China, after a very weak Q1.
Gold approaches $4,100 as suspected Japanese intervention hits US Dollar
Gold (XAU/USD) remains trapped in its month-old $4,000-$4,200 range as the Federal Reserve’s (Fed) new era of limited forward guidance fails to shake the precious metal out of its sideways grind after policymakers left interest rates unchanged at 3.50%-3.75%.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $57.79 per troy ounce, down 0.25% from the $57.94 it cost on Wednesday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD remains below $58.00 amid Fed hawkish pause
Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $57.90 per troy ounce during the Asian hours on Thursday.
Gold bears retain control as USD strengthens on Fed hike bets and Mideast crisis
Gold (XAU/USD) maintains its offered tone through the first half of the European session on Thursday and seems vulnerable to following an intraday rejection near the $4,100 mark.
Gold rebounds to near $4,100 as Fed leaves interest rates unchanged
Gold price (XAU/USD) rebounds to around $4,095 during the early Asian session on Thursday.
Silver holds firm as Dollar slides after split Fed decision
Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.
Gold surges after Fed holds as hawkish dissent fuels volatility
Gold price rises during the North American session after the Federal Reserve (Fed) decided to hold rates unchanged, with a 9-3 vote split, as three members of the FOMC opted to increase the fed funds rate by 25 basis points.
Silver slips below $57 as Fed meeting keeps markets on edge
Silver (XAG/USD) trades around $56.90 on Wednesday at the time of writing, down 0.43% on the day. Price action remains cautious as investors avoid taking large directional positions ahead of the Federal Reserve (Fed) monetary policy announcement.
Gold remains under pressure near $4,000 as Fed decision looms
Gold (XAU/USD) trades lower near the $4,003 area on Wednesday, extending its recent decline as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement.
Gold: Fed risk caps CTA upside – TD Securities
TD Securities’ Ryan McKay and Bart Melek note that Gold remains under pressure as markets price a hawkish Federal Reserve (Fed) path and renewed energy strength.