Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
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.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Gold consolidates below $4,200 as traders reassess Fed interest rate outlook
Gold (XAU/USD) consolidates losses on Monday as a firmer US Dollar (USD) and mild profit-taking cap gains following last week's rebound from a more than seven-month low of $3,941.
Gold Price Forecast: XAU/USD struggles to extend recovery above 20-day EMA
Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202.
Gold Tops $3,150 as Geopolitical Premium Drives Record Run
Spot gold reached $3,150/oz, powered by multiple safe-haven demand drivers. The metal is up more than 18% year-to-date.

