Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Silver Price Forecast: US Dollar rebound pressures XAG/USD ahead of US jobs report
Silver (XAG/USD) trades lower at around $60.95 on Thursday at the time of press, down 1.73% on the day. The precious metal is facing profit-taking as the US Dollar (USD) regains momentum, with the US Dollar Index (DXY) advancing about 0.30% to trade near the psychological 100.00 level.
Gold holds near seven-week highs as Hormuz doubts revive risk premium
Gold (XAU/USD) extends Wednesday's 4% spike on Thursday, trading around $4,260 and holding near a seven-week high as a softer US Dollar (USD) and retreating Treasury yields reinforce the metal's recovery. What distinguishes Thursday's session is that Gold is climbing alongside Crude Oil rather than
Why is Gold surging toward $4,300 as the US Dollar and Treasury yields ease?
Gold (XAU/USD) has staged a dramatic rebound, surging over 4% on Wednesday to move within striking distance of the $4,300/oz threshold.
Gold: Hormuz optimism supports rally – ING
ING’s Warren Patterson and Ewa Manthey highlight a sharp Gold rally of more than 4%, with prices moving closer to $4,300/oz as optimism grows that a US-Iran agreement and lower energy prices will ease inflation.
Gold holds near seven-week high as markets await Strait of Hormuz deal
Gold (XAU/USD) consolidates gains on Thursday after briefly climbing above $4,300 as the US Dollar (USD) steadies while traders await confirmation of a possible Iran-Oman agreement on the Strait of Hormuz. At the time of writing, XAU/USD trades around $4,269, up 0.52% on the day.
Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields
Gold (XAU/USD) consolidates gains after appreciating nearly $200 this week, buoyed by lower US Treasury yields as traders dial down bets of immediate Federal Reserve (Fed) rate hikes.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $62.01 per troy ounce, broadly unchanged 0.06% from the $62.05 it cost on Wednesday.
Gold: Breakout extends as yields ease – OCBC
OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East tensions weighed on Oil and US Treasury yields, softening the US Dollar.
Silver Price Forecasts: XAG/USD hesitates at $62.00 after a two-day rally
Silver (XAG/USD) consolidates gains in the $61.70 area after being rejected ahead of $63.00. The pair is trimming gains on Thursday, after following a nearly 7% rally over the last two days, but downside attempts remain limited so far, as lower Oil prices and a weak US Dollar keep providing support.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold sticks to modest intraday gains, remains below $4,300 amid modest USD strength
Gold (XAU/USD) sticks to modest intraday gains through the first half of the European session, though it remains below the $4,300 mark, or the highest level since June 18, set earlier this Thursday.
Silver Price Forecast: XAG/USD rises above $62.00 on easing inflation concerns
Silver price (XAG/USD) remains stronger for the fourth consecutive day, trading around $62.20 per troy ounce during the Asian hours on Thursday.
Gold rises above $4,250 on US–Iran deal hopes
Gold price (XAU/USD) rises to near $4,255 during the early Asian session on Thursday.