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Silver Price Forecast: Bears crowd $60 after six-percent weekly rout
Silver price retreats on Friday, dropping about 0.76% as US Treasury yields edged higher, capping US Dollar depreciation, while investors punished the Greenback following a soft US jobs report. The XAG/USD trades at $60.50 at the time of writing.
United States CFTC Gold NC Net Positions dipped from previous $225.9KÂ to $218.6K
United States CFTC Gold NC Net Positions dipped from previous $225.9KÂ to $218.6K
Gold fails at $4,200 despite NFP miss as US yields climb
Gold prices dropped on Friday, with the yellow metal struggling to decisively break the $4,200 milestone. The precious metal is down nearly 1% as US Treasury yields edge higher following a less-than-stellar US employment report.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $61.24 per troy ounce, up 0.43% from the $60.98 it cost on Thursday.
Gold: Modest gains in risk-off backdrop – Deutsche Bank
Deutsche Bank notes that Gold prices edged higher alongside broader risk-off moves and rising financial stress in Europe. While the report focuses more on bonds, equities and energy, Gold’s advance came as volatility ticked up and investors digested geopolitical risks and shifting central bank expectations ahead of key US and Euro Area data releases.
Silver price forecast: XAG/USD rises to near $61.40 as US yields retreat, NFP eyed
Silver price (XAG/USD) is up 0.55% to near $61.38 during the late Asian trading session on Friday. The white metal edges up as rally in United States (US) Treasury Yields has hit a pause.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold extends range play below $4,200; looks to US NFP for fresh impetus
Gold (XAU/USD) steadies below the $4,200 mark during the first half of the European session on Friday as traders keenly await the release of US employment details.
Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns
Silver price (XAG/USD) loses ground after registering gains the previous day, trading around $60.30 per troy ounce during Asian hours on Friday. Silver price retreats as rising crude oil costs, driven by fears of a deteriorating conflict between the US and Iran, reignite broader inflation concerns.
Gold recovers above $4,150 as US yields retreat ahead of US September jobs data
Gold price (XAU/USD) rises to near $4,180 during the early Asian session on Friday. The precious metal rebounds as US Treasury bond yields retreat from multi-decade highs.
Gold defies US Dollar surge as US yield slide revives Bullion demand
Gold price drifted higher, posting modest gains of over 0.40% on Thursday as US Treasury yields dove after Wednesday's inflation data, triggering a trimming of hawkish Fed bets for the October meeting. The XAU/USD trades at $4,175, up 0.4%.
Gold struggles as elevated US Treasury yields outweigh dovish Fed repricing
Gold (XAU/USD) treads water on Thursday as a stronger US Dollar (USD) and elevated US Treasury yields limit the upside.
Gold: Upside capped by real yields – UOB
According to UOB Global Economics & Markets Research, Gold spot eased to close at $4,157 per ounce after earlier trading as high as $4,219. Elevated real yields continue to limit bullion’s upside, leaving Gold softer despite broader macro uncertainty and strong moves in other commodities. The report underscores how higher US yields are constraining precious metals.