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Gold remains depressed below $4,650 on firmer USD, Fed risks, Middle East tensions
Gold (XAU/USD) remains on the back foot below $4,650 through the first half of the European session.
Silver Price Forecast: XAG pullback tests 100-day SMA
Silver (XAG/USD) price reverses course on Monday, down 0.59% as buyers failed to push the white metal past $70.00, which exacerbated a reversal to the first support level at the 100-day Simple Moving Average (SMA) at $68.42. At the time of writing, XAG/USD trades at $68.52, after peaking at $69.92.
Gold rallies as Iran sanctions stoke haven demand
Gold (XAU/USD) price resumes its advance on Monday and refreshes three-month highs at $4,681 as US Treasury Secretary Scott Bessent crosses the wires to reveal sanctions on Iran-linked entities, while investors await a speech by new Fed Chair Kevin Warsh at the Jackson Hole symposium on Friday.
Silver Price Forecast: Buyers stall near $70 after strong rally
Silver (XAG/USD) is little changed on Monday, fluctuating between modest gains and losses near its highest level since mid-June, with buyers struggling to clear the $70 psychological mark.
Gold: Breakout sustains upward momentum – Societe Generale
Societe Generale analysts highlight that Gold has broken out of a small base formation, reclaimed its 200‑DMA and is enjoying an extended rebound. The move is framed within broader Dollar debasement concerns and rising term premium.
Gold extends gains as US Treasury buyback fallout keeps buyers in control
Gold (XAU/USD) remains firmly bid on Monday after last week’s rally sparked by the US Treasury’s buyback announcement. However, buyers appear hesitant to push prices much higher as traders await key risk events later this week.
Gold Price Forecast: XAU/USD pushes higher, but overbought RSI warns bulls
Gold (XAU/USD) maintains a bullish bias on Monday and trades near its highest levels since mid-May.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $68.80 per troy ounce, down 0.25% from the $68.98 it cost on Friday.
Gold: Debasement narrative lifts prices – TD Securities
TD Securities’ Bart Melek notes that Gold has rallied sharply as recent U.S. Dollar weakness and concerns over Fed credibility and Treasury bond-market intervention drive fresh long positioning.
Silver Price Forecast: XAG/USD steadies around $69.00 amid US bond buybacks
Silver price (XAG/USD) remains stronger for the fourth successive day, trading around $69.00 per troy ounce during the European hours on Monday. Silver price rises as concerns over United States (US) debt management and fiscal sustainability persist.
Gold: Upside risks building as fiscal worries grow – ING
ING Commodities Strategist Ewa Manthey highlights that Gold has rebounded from its July lows near $4,000/oz to around $4,600/oz, supported by renewed investment demand, a weaker Dollar and mounting concerns over the US fiscal outlook.
Gold sticks to gains near mid-May highs; bulls turn cautious amid notable USD strength
Gold (XAU/USD) maintains its bullish tone through the first half of the European session and remains close to its highest level since May 15, which it touched earlier this Monday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.