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Silver Price Forecasts: XAG/USD bulls are eroding resistance at the $63.30 area
Silver (XAG/USD) resumes its near-term bullish trend on Friday, after a brief hesitation on Thursday, reaching fresh six-week highs at $63.90, although it is still due to confirm the break of the resistance area at $63.30.
Gold: Breakout holds as US payrolls loom – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note Gold has retained most recent gains after breaking key resistance, supported by lower Oil, softer yields, central bank and ETF buying and technical factors.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD rises to near $62.20 in countdown to US NFP data
Silver price (XAG/USD) trades 1% higher to near $62.20 during the Asian trading session on Friday. The white metal rises ahead of the United States (US) Nonfarm Payrolls (NFP) data for July, which will be published at 12:30 GMT.
Gold looks to build on momentum beyond $4,300 as traders await US NFP amid Fed hike bets
Gold (XAU/USD) touches a fresh daily high during the first half of the European session on Friday, with bulls making a fresh attempt to build on the momentum further beyond the $4,300 mark.
Silver Price Forecast: US Dollar rebound pressures XAG/USD ahead of US jobs report
Silver (XAG/USD) trades lower at around $60.95 on Thursday at the time of press, down 1.73% on the day. The precious metal is facing profit-taking as the US Dollar (USD) regains momentum, with the US Dollar Index (DXY) advancing about 0.30% to trade near the psychological 100.00 level.
Gold holds near seven-week highs as Hormuz doubts revive risk premium
Gold (XAU/USD) extends Wednesday's 4% spike on Thursday, trading around $4,260 and holding near a seven-week high as a softer US Dollar (USD) and retreating Treasury yields reinforce the metal's recovery. What distinguishes Thursday's session is that Gold is climbing alongside Crude Oil rather than
Why is Gold surging toward $4,300 as the US Dollar and Treasury yields ease?
Gold (XAU/USD) has staged a dramatic rebound, surging over 4% on Wednesday to move within striking distance of the $4,300/oz threshold.
Gold: Hormuz optimism supports rally – ING
ING’s Warren Patterson and Ewa Manthey highlight a sharp Gold rally of more than 4%, with prices moving closer to $4,300/oz as optimism grows that a US-Iran agreement and lower energy prices will ease inflation.
Gold holds near seven-week high as markets await Strait of Hormuz deal
Gold (XAU/USD) consolidates gains on Thursday after briefly climbing above $4,300 as the US Dollar (USD) steadies while traders await confirmation of a possible Iran-Oman agreement on the Strait of Hormuz. At the time of writing, XAU/USD trades around $4,269, up 0.52% on the day.
Gold Price Forecast: XAU/USD bulls target $4,380 buoyed by lower US yields
Gold (XAU/USD) consolidates gains after appreciating nearly $200 this week, buoyed by lower US Treasury yields as traders dial down bets of immediate Federal Reserve (Fed) rate hikes.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $62.01 per troy ounce, broadly unchanged 0.06% from the $62.05 it cost on Wednesday.
Gold: Breakout extends as yields ease – OCBC
OCBC’s Christopher Wong and Sim Moh Siong highlight a sharp rebound in Gold as easing Middle East tensions weighed on Oil and US Treasury yields, softening the US Dollar.