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AUD/USD Price Forecast: Bulls eye 0.7200 as RSI nears overbought territory
AUD/USD edges higher on Friday, climbing to its highest level since June 3 as the Australian Dollar (AUD) outperforms all its major peers.
Gold: Upside asymmetry into next week – TD Securities
TD Securities’ Ryan McKay and Bart Melek note that Gold and broader precious metals are trading in a higher range that could trigger another round of CTA (Commodity Trading Advisors) buying.
Gold: Safe-haven bid on US debt worries – Commerzbank
Commerzbank’s Carsten Fritsch notes Gold has surged, breaking above USD 4,500 per troy ounce as safe‑haven demand rises on US debt concerns and a weaker Dollar.
Silver climbs toward $70 as US Dollar remains under pressure
Silver (XAG/USD) accelerates its advance on Friday and trades around $69.75 at the time of writing, up 2.41% on the day. The white metal reaches its highest level in two months and is on track for a weekly gain of more than 7%, mainly supported by persistent weakness in the US Dollar (USD).
$4,600: Gold rallies to three-month high, eyes third weekly gain
Gold (XAU/USD) is heading for a third consecutive weekly gain on Friday, extending an impressive rally that has lifted the precious metal by around 13% so far this month. At the time of writing, XAU/USD trades around $4,603, its highest level since May 15.
Gold Price Forecast: XAU/USD testing three-month highs near $4,600 as the US Dollar dives
Gold (XAU/USD) extends gains on Friday, with bulls aiming for a retest of the $4,600 resistance area, the top of the last six months' trading range.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $69.94 per troy ounce, up 2.67% from the $68.12 it cost on Thursday.
Silver Price Forecasts: XAG/USD hits highs past $69.00 amid US Dollar weakness
Silver (XAG/USD) rallies for the third consecutive day on Friday, hitting fresh two-month highs above $69.00 in the early European session.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold rallies to its highest level since late May, eyes $4,600 on weak USD ahead of US PMIs
Gold (XAU/USD) builds on the intraday breakout momentum above a technically significant 200-day Simple Moving Average (SMA) and climbs to its highest level since late May during the first half of the European session on Friday.
Silver Price Forecast: XAG/USD surges to near $69.00 amid heightened volatility
Silver price (XAG/USD) extends its gains for the third successive day, trading around $68.70 per troy ounce during the Asian hours on Friday. Silver prices rise as investors turn to safe-haven metals amid heightened volatility across global currency and bond markets.
Gold drifts higher above $4,500 on US Treasury buyback
Gold price (XAU/USD) edges higher to around $4,530 during the early Asian session on Friday. The precious metal rebounds after earlier falling following the US President Donald Trump administration’s unexpected decision to boost repurchases of longer-dated bonds.
Silver Price Forecast: XAG/USD tests 100-day SMA as rally extends
Silver (XAG/USD) price extended its gains on Thursday, up more than 1.70%, even as US yields recovered some ground following the US Treasury bond buyback announcement. The XAG/USD pair trades at $68.18 at the time of writing, its highest level since June 18.