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Silver Price Forecast: XAG/USD falls to near $62.00 amid Fed rate hike odds
Silver price (XAG/USD) falls nearly 3.5% after posting modest gains in the previous day, trading around $62.00 per troy ounce during Asian hours on Monday.
Gold slumps below $4,150, fresh low since August 5 amid oil-fueled Fed hike bets
Gold (XAU/USD) maintains its heavily offered tone through the first half of the European session on Monday, trading just below $4,150, or the lowest since August 5, amid a bearish fundamental backdrop.
Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion
Gold price (XAU/USD) drops to around $4,215 during the early Asian trading hours on Monday. The precious metal loses ground as a stronger US Dollar (USD) and hawkish signals from the US Federal Reserve (Fed) policymakers dented bullion's appeal.
United States CFTC Gold NC Net Positions: $225.9K vs previous $230.3K
United States CFTC Gold NC Net Positions: $225.9K vs previous $230.3K
Silver Price Forecast: XAG/USD lacks direction as RSI, ADX signal weak momentum
Silver (XAG/USD) holds firm on Friday, supported by a modest pullback in the US Dollar (USD) after its strong weekly rally. At the time of writing, Silver trades around $64.30 but remains on track for a weekly loss.
Gold finds a pulse as WTI slump takes the edge off US Dollar
Gold (XAU/USD) price holds firm on Friday after two days of losses, as US bond yields remain high and inflationary concerns mount, increasing the likelihood of further tightening by the Federal Reserve (Fed) and other major central banks.
Silver Price Forecast: XAG/USD reclaims $65 as rally in bond yields, US Dollar hits pause
Silver price (XAG/USD) is up 1.85% to near $65.00 during the European trading session on Friday. The white metal strengthens as rally in the US Dollar (USD) and United States (US) Treasury Yields appears to have hit a pause.
Gold struggles below $4,300, heads for weekly decline on hawkish Fed outlook
Gold (XAU/USD) reverses earlier intraday gains on Friday, failing to capitalize on a modest pullback in the US Dollar as growing expectations that the Federal Reserve (Fed) may raise interest rates again weigh on the non-yielding metal.
Gold Price Forecast: XAU/USD struggles below $4,300 level with bears still in control
Gold (XAU/USD) is trimming some losses on Friday, trading just below the $4,300 level after bouncing from support in the $4,230 area on Thursday.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.60 per troy ounce, up 1.18% from the $63.85 it cost on Thursday.
Gold: Bearish bias holds below 4300 resistance - OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that Gold remains under near-term pressure after briefly slipping below 4250 before rebounding modestly.
Silver Price Forecasts: XAG/USD holds below $64.00 amid Fed hiking bets, higher yields
Silver (XAG/USD) is trading sideways on Friday, with upside attempts capped below $64.00, on track for a 3.7% weekly decline, and with bears looking at the bottom of the monthly trading range, at $62.30.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.