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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.
Gold extends the range play below $4,300 as Fed hike bets counter modest USD pullback
Gold (XAU/USD) Â struggles to gain any traction and remains confined in a narrow range near the weekly low through the early European session on Friday amid a bearish fundamental backdrop.
Silver Price Forecast: XAG/USD remains steady near $64.00 as oil prices ease
Silver price (XAG/USD) inches higher after two days of losses, trading around $63.90 per troy ounce during Asian hours on Friday. Non-yielding Silver is finding underlying support as inflation concerns ease following a pullback in crude oil prices.
Gold declines below $4,300 as rising oil prices and hawkish Fed stance dampen appeal
Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday.