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Gold holds steady below $4,150 amid elevated US yields
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
Silver Price Forecast: XAG/USD builds base above $60, eyes $64
Silver (XAG/USD) price drifts higher by over 1.14% on Monday, even as US Treasury yields rise and the Greenback extends its gains by 0.26%, as per the US Dollar Index (DXY). XAG/USD trades at $61.13, after bouncing off daily lows of $60.36.
Gold stalls below $4,150 as rising US yields offset Fed relief
Gold (XAU/USD) prices drift lower on Monday as a strong US Dollar and high US Treasury yields undermine the precious metal, which has failed to rally as investors expect a less hawkish Federal Reserve (Fed) and have priced out a rate hike this month.
Silver Price Forecast: XAG/USD jumps to near $61.80 as hawkish Fed bets recede
Silver price (XAG/USD) is up 2.3% to near $61.80 during the European trading session on Monday. The white metal starts the week on a strong note as traders have scaled back Federal Reserve’s (Fed) interest rate expectations after soft United States (US) official labor market data for September.
Gold trades flat as stronger US Dollar offsets easing Fed rate-hike bets
Gold (XAU/USD) (XAU/USD) lacks clear directional momentum on Monday. A stronger US Dollar and elevated US Treasury yields cap the upside, while easing Federal Reserve (Fed) interest-rate hike bets cushion the downside. At the time of writing, XAU/USD trades around $4,142, little changed on the day.
Gold Price Forecast: XAU/USD languishes below $4,200 amid high US yields
Gold (XAU/USD) trims some losses on Monday but remains trapped within previous ranges, with upside attempts limited below $4,200 and with two-month lows of $4,110 at a short distance.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $61.71 per troy ounce, up 2.13% from the $60.43 it cost on Friday.
Gold: Recovery hinges on lower yields – OCBC
OCBC’s Christopher Wong notes that Gold’s brief post-payrolls rebound faded as long-end US yields stayed elevated and the Dollar remained firm. The bank argues that reduced Fed hike risk alone is insufficient for a sustained rally; a clearer, lasting decline in long-end and real yields, alongside some easing in Oil-driven inflation concerns, is needed for a firmer Gold recovery.
Silver Price Forecasts: XAG/USD pars losses but remains trading in range
Silver (XAG/USD) trades above $61.30 on Monday’s early European session, after bouncing from two-month lows around $59.70 on Friday.
Gold clings to gains as receding Fed hike and soft US bond yields counter strong USD
Gold (XAU/USD) sticks to modest intraday gains through the first half of the European session on Monday, though it remains confined within a one-week-old range amid mixed cues.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD gains near $61.00 as Fed rate hike odds decline
Silver price (XAG/USD) gains ground after registering losses in the previous day, trading around $61.00 per troy ounce during Asian hours on Friday.
Gold holds gains above $4,150 as traders trim bets on Fed rate hikes
Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD).Â