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Silver Price Forecast: XAG/USD hovers near $58.50 amid market caution
Silver price (XAG/USD) inches lower after registering gains in the previous day, trading around $58.50 per troy ounce during the Asian hours on Wednesday.
Gold climbs to near $4,050 on softer US CPI
Gold price (XAU/USD) rises to around $4,050 during the early Asian session on Wednesday. The precious metal rebounds as softer-than-expected US inflation data boosted hopes of the US Federal ‌Reserve (Fed) adopting a less hawkish stance.
Gold rises 2% as soft US CPI cools Fed rate-hike bets
Gold (XAU/USD) rebounds sharply on Tuesday, erasing losses recorded on the previous day after softer-than-expected US inflation data eased expectations of a near-term Federal Reserve (Fed) interest rate hike.
Gold Price Forecast: XAU/USD rebounds above $4,000 with US CPI in focus
Gold price (XAU/USD) is up 0.5% to near $4,020 during the European trading session on Tuesday. The precious metal gains as the US Dollar (USD) corrects ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.08 per troy ounce, up 0.76% from the $57.65 it cost on Monday.
Silver Price Forecast: XAG/USD holds above $58.00 despite ongoing bearish bias
XAG/USD gains ground after two days of losses, trading around $58.10 per troy ounce during the European hours on Tuesday. The technical analysis of the daily chart shows that the spot price is remaining within the descending channel pattern.
Gold: Fed inflation fears weigh on prices – ING
ING analysts Warren Patterson and Ewa Manthey say Gold and Silver have sold off as Middle East tensions lift Oil and reinforce concerns over persistent inflation and a tighter Federal Reserve policy path.
Gold sticks to gains above $4,000; lacks bullish conviction ahead of US CPI, Fed's Warsh
Gold (XAU/USD) trims a part of its modest intraday recovery gains and remains within striking distance of a nearly two-week low touched earlier this Tuesday.
Silver Price Forecast: XAG/USD remains range-bound with a bearish bias
Silver (XAG/USD) attracts sellers on Monday after renewed fighting between the United States (US) and Iran over the weekend revived energy-driven inflation concerns and reinforced expectations of a Federal Reserve (Fed) interest rate hike later this year.
Gold Price Forecast: XAU/USD drifts below $4,100, but bears start to look exhausted
Gold (XAU/USD) extends losses on Monday, with price action drifting below the $4,100 line, amid a risk-off market mood, as tensions between the US and Iran flare.
Gold eyes $4,000 as renewed US-Iran hostilities boost Oil prices, Fed rate hike bets
Gold (XAU/USD) starts the week on the back foot as renewed tensions in the Middle East lift Oil prices and bring inflation concerns back into focus, reinforcing expectations of a Federal Reserve (Fed) interest rate hike later this year.
Silver Price Forecast: XAG/USD falls to near $59.00 amid rising US-Iran strikes
Silver price (XAG/USD) extends its gains for the second successive day, trading around $59.00 per troy ounce during the Asian hours on Monday.
Gold declines below $4,100 as fresh US-Iran strikes stoke inflation fears
Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran.