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Silver Price Forecast: XAG/USD rises to near $60.00 despite surging inflation fears
Silver price (XAG/USD) gains ground for the fourth successive day, trading around $59.70 per troy ounce during the Asian hours on Wednesday. Silver prices are surging despite rising rate-hike expectations, as powerful market forces outweigh the drag of higher interest rates.
Gold rebounds above $4,050 as safe-haven demand intensified on persistent US‑Iran tensions
Gold price (XAU/USD) gains ground to around $4,080 during the early Asian session on Wednesday. The precious metal rebounds as safe-haven demand intensified globally after retreating to the $4,000 psychological level in the previous session.Â
Silver Price Forecast: XAG to break resistance trendline, eyes on $60Â
Silver price (XAG/USD) surges over 4.50% on Tuesday, reaching five-day highs, clearing $59.00 as buyers push the white metal to test a downslope resistance trendline near the $59.65/$50.75 range, about to surpass the $60.00 mark.
Gold price rallies amid Gulf war strikes, strong US Dollar
Gold price surges on Tuesday during the North American session, up by more than 1.50% amid continued missile strikes between the US and Iran despite mediators' efforts to end the war. The XAU/USD trades at $4,071
Silver Price Forecast: XAG/USD surges as Middle East hostilities boost safe-haven demand
Silver (XAG/USD) rallies to around $58.85 on Tuesday at the time of writing, up 4.31% on the day. The white metal is supported by strong safe-haven demand as investors continue to monitor escalating tensions between the United States (US) and Iran.
Gold climbs as buyers defend $4,000, hawkish Fed expectations limit upside
Gold (XAU/USD) edges higher on Tuesday as buying interest around the $4,000 psychological level supports prices, while traders assess developments in the Middle East and their potential economic fallout. At the time of writing, XAU/USD trades around $4,060, up 1.30% on the day.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.96 per troy ounce, up 4.54% from the $56.40 it cost on Monday.
Silver Price Forecasts: XAG/USD reaches $59.00 amid hopes of new US-Iran negotiations
Silver (XAG/USD) is rallying, favoured by a mild US Dollar weakness on Tuesday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold stands firm near one-week high on softer USD; remains below $4,100 amid Fed hike bets
Gold (XAU/USD) hits a one-week high during the first half of the European session on Tuesday, albeit it lacks follow-through buying and remains below the $4,100 mark.
Silver Price Forecast: XAG/USD bulls flirt with descending trend-line hurdle, above $57.00
Silver (XAG/USD) attracts buyers for the third straight day and climbs back above the $57.00 mark during the Asian session on Tuesday.
Gold edges lower to near $4,000 as US-Iran tensions fuel inflation worries
Gold price (XAU/USD) declines to near $4,000 during the early Asian session on Tuesday. The precious metal extends its downside as escalating tensions between the United States (US) and Iran pushed oil prices up, intensifying inflation concerns.Â
Gold edges lower as Middle East conflict boosts the US Dollar
Gold price edges down some 0.19% on Monday as hostilities between the US and Iran extended, following a short-lived truce that began after both countries agreed to a ceasefire, which was broken nine days ago. At the time of writing, XAU/USD trades at $4,011.