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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold sticks to gains near $4,400 as USD slumps to two-month low on receding Fed hike bets
Gold (XAU/USD) maintains its bullish tone through the first half of the European session and currently trades around $4,400, up for the second straight day. The commodity, however, remains below the highest level since June 5, touched last Thursday, amid a mixed fundamental backdrop.
Silver Price Forecast: XAG/USD bulls await acceptance above $66.00, 100-day EMA breakout
Silver (XAG/USD) is seen building on Friday's bounce from mid-$63.00s and gaining some follow-through positive traction at the start of a new week.
Gold gains momentum to near $4,400 as Fed hike expectations drop despite Us-Iran tensions
Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve (Fed) interest rate hike.Â
Silver Price Forecast: XAG stalls as yields cap recovery
Silver price advanced by some 0.39% on Friday, capped by rising US yields, even though US data was softer than expected. XAG/USD trades at $64.70, after bouncing off daily lows of $63.51.
United States CFTC Gold NC Net Positions up to $217.9K from previous $197.6K
United States CFTC Gold NC Net Positions up to $217.9K from previous $197.6K
Gold rallies as weak US data dents Fed hike bets
Gold price registers solid gains of nearly 0.90% on Friday as the US Dollar weakens across the board, following a week that featured softer inflation data, which decreased the chances for a rate hike by the Federal Reserve (Fed). The XAU/USD trades at $4,386, still below the $4,400 threshold.
Silver Price Forecast: XAG/USD holds gains but struggles for fresh momentum
Silver (XAG/USD) trades on the front foot on Friday but lacks strong follow-through and remains within the narrow range seen this week. At the time of writing, XAG/USD trades around $65 after bouncing from an intraday low of $63.51.
Gold: Upside seen as Fed hike bets fade – Commerzbank
Commerzbank’s Carsten Fritsch notes Gold has rallied to its highest level since early June as markets scale back expectations for further Fed rate hikes.
Gold: Fed pause keeps systematic demand supported - TD Securities
TD Securities’ Ryan McKay and Bart Melek note that CTA (Commodity Trading Advisors) net long positioning in Gold is becoming more entrenched as discretionary demand improves.
South African Rand: ZAR outperforms on carry and Gold – Societe Generale
Societe Generale strategists highlight that the South African Rand (ZAR) continues to outperform in CEEMEA, gaining about 2.4% versus the US Dollar (USD) in spot terms this month. USD/ZAR is close to breaking below 16.00 for the first time since February.
Gold gains ground as US Dollar selling picks up, Fed rate hike bets fade
Gold (XAU/USD) rebounds on Friday after opening the day in negative territory and falling to a fresh weekly low of $4,311.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.76 per troy ounce, up 0.48% from the $64.45 it cost on Thursday.