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Gold clings to gains on weaker USD; bearish bias remains amid Iran risks, Fed hike bets
Gold (XAU/USD) maintains its bid tone above the $4,100 mark through the first half of the European session on Thursday and looks to build on the previous day's bounce from a one-week low.
Gold declines below $4,100 as US–Iran tensions revive inflation worries, Fed rate hike bets
Gold price (XAU/USD) declines to around $4,075 during the early Asian session on Thursday. The precious metal extends its downside as US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates.
Gold declines as Trump scraps Iran memorandum, markets await Fed Minutes
Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $58.56 per troy ounce, down 2.34% from the $59.97 it cost on Tuesday.
Gold: Central bank demand underpins prices – ING
ING strategists Warren Patterson and Ewa Manthey report that Gold has edged lower after an early advance as traders await the June Federal Open Market Committee (FOMC) minutes, but the metal trades in line with evolving US rate expectations and remains supported above $4,000/oz.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold holds above $4,100 as traders await FOMC Minutes amid US-Iran tensions
Gold (XAU/USD) struggles to capitalize on modest intraday gains, though it manages to hold above the $4,100 mark through the first half of the European session on Wednesday. The US Dollar (USD) turns lower as bulls opt to lighten their bets ahead of the release of the June FOMC meeting Minutes.
XAG/USD Price Forecast: Defends bearish flag support near mid-$59.00s
Silver (XAG/USD) trades with a negative bias for the third straight day and hovers around the $59.80 region during the Asian session on Wednesday.
Gold: Price dip seen limited as PBoC buying continues – Commerzbank
Commerzbank’s Carsten Fritsch notes Gold fell to USD 4,120 per ounce after fresh Iranian attacks lifted TTF gas and Oil prices, but Fed rate expectations remain unchanged.
Gold stalls recovery as traders eye FOMC meeting minutes
Gold (XAU/USD) stalls its recovery and trades on the back foot for a second consecutive day on Tuesday as a steady US Dollar (USD) and doubts over the Federal Reserve's (Fed) interest rate path keep the upside in check.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $60.95 per troy ounce, down 1.79% from the $62.06 it cost on Monday.
China turns out Gold buyer again
According to data from the People's Bank of China (PBoC), world’s second-largest economy China increases its Gold reserves again.
Gold remains depressed near daily low amid rising US bond yields, USD uptick
Gold (XAU/USD) retains intraday negative bias through the early European session on Tuesday, though it holds above the $4,100 mark. Crude oil prices edge higher amid renewed tensions in the Strait of Hormuz, reviving inflationary concerns.