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Silver: Consolidation near resistance as positioning builds – OCBC
OCBC’s Christopher Wong describes Silver as constructive with room for participation to build, as ETF holdings and managed-money positioning rise from light levels. Technical bias is mildly bullish, but momentum is fading near the 70.60–72 resistance band.
Gold Price Forecast: XAU/USD holds gains above $4,600 as bullish bias prevails
Gold (XAU/USD) extends its gains for the second successive day, trading around $4,610 during the European hours on Friday. The price of the precious metal is remaining within the ascending channel pattern, suggesting a persistent bullish bias.
Gold: Jackson Hole keeps consolidation risk elevated - OCBC
OCBC’s Christopher Wong remains constructive on Gold, but says the rebound looks increasingly mature as firmer inflation lifts yields and the USD. Jackson Hole is the immediate macro test, with resistance at 4700–4769 and support at 4574, followed by 4520.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD slips below $69.00 ahead of Fed Chair speech
Silver price (XAG/USD) depreciates after registering modest gains in the previous day, trading around $68.80 per troy ounce during the Asian hours on Friday.
Gold slumps below $4,600 as attention turns to Jackson Hole Symposium
Gold price (XAU/USD) attracts some sellers below $4,600 during the early European trading hours on Friday. The precious metal retreats from a three-month high as in-line US inflation data has reinforced the possibility of further Federal Reserve (Fed) rate hikes.
Gold holds firm above $4,600 as Warsh speech looms
Gold (XAU/USD) extended its gains on Thursday, up 0.17% as US jobs data was solid, while the US trade deficit widened. In the meantime, investors eye Fed Chair Warsh's speech, keeping the precious metal near familiar levels. The XAU/USD trades at $4,601 at the time of writing.
Silver charges toward $70, but Warsh could cool rally
Silver (XAG/USD) accelerates on Thursday and trades around $69.50 at the time of writing, up 2.74% on the day. The white metal is approaching the upper end of the range that has contained price action this week, as investors turn their attention to the Jackson Hole Symposium.
Silver Price Forecast: XAG/USD remains sideways near $68.50, Fed Warsh’s speech awaited
Silver price (XAG/USD) trades 0.35% higher to near $68.40 during the European trading session on Thursday, but is broadly sideways in a range between $67.35 and $70 this week.
Gold eases as traders await clearer signals on the Fed interest rate path
Gold (XAU/USD) remains on the back foot at the start of American trading hours on Thursday after reversing its earlier intraday gains. At the time of writing, XAU/USD trades around $4,577, after reaching an intraday high of $4,643.
Gold Price Forecast: XAU/USD hits lows sub-$4,600 as US inflation supports the Greenback
Gold (XAU/USD) is giving away the mild recovery seen during Thursday’s Asian session and pulls back below $4,600 during the European morning, as the US Dollar Index (DXY) consolidates above 99.00.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $68.39 per troy ounce, up 0.38% from the $68.13 it cost on Wednesday.
Silver Price Forecasts: XAG/USD remains bullish with dips capped above $67.40
Silver’s (XAG/USD) pullback from the $70.00 area found buyers above $67.40 on Thursday to trim losses and return to the mid-range of the $68.00s during the European morning session.