News

Gold price crashes as 2007-era yields trigger brutal sell-off

Gold (XAU/USD) begins the week on the back foot, tanking over 3.4% on Monday as US Treasury yields soar and Oil prices remain elevated despite falling from daily highs amid mixed news headlines about a potential US-Iran deal. The XAU/USD trades at $4,139 after peaking at $4,280.

Source  Fxstreet1790626789
Crude Oil round-trips between a rejected Iran plan and a sanctions offer

President Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US offer of sanctions relief.

Source  Fxstreet1790617070
Bitcoin vs Gold Outlook: BTC pulls back alongside XAU/USD ahead of US-Iran indirect talks

Cryptocurrency prices are lethargic on Monday, led by Bitcoin’s (BTC) correction below $84,000. Attempts to restart the uptrend last weekend failed to gather momentum, as BTC was rejected around $85,000.

Source  Fxstreet1790612163
Silver Price Forecast: XAG/USD plunges 5% as momentum indicators turn bearish

Silver (XAG/USD) falls around 5% on Monday, slipping to its lowest level since early August.

Source  Fxstreet1790609949
Oil: Higher prices drive yields and Dollar – MUFG

Lee Hardman at MUFG highlights that Oil has been one of the biggest movers, with prices rising back towards recent highs around USD110/barrel.

Source  Fxstreet1790594244
Gold slides nearly 3% as Fed hike bets, rising Treasury yields weigh

Gold (XAU/USD) starts the week under heavy selling pressure, sliding nearly 3% as Oil-driven inflation concerns reinforce expectations that the Federal Reserve (Fed) could raise interest rates further. At the time of writing, XAU/USD trades around $4,156, its lowest level since August 5.

Source  Fxstreet1790593434
Silver price plunges as elevated US yields, firm Dollar pressure XAG/USD

Silver (XAG/USD) falls sharply on Monday, losing 4.53% on the day to trade around $61.40 at the time of writing. The precious metal faces heavy selling pressure as elevated United States (US) Treasury yields and growing expectations of further interest rate hikes weigh on non-yielding assets.

Source  Fxstreet1790593415
WTI Oil extends gains nearing $95.00 as Trump rejects Hormuz reopening plan

Oil appreciates firmly on Monday, following US President Donald Trump's refusal of Tehran’s latest proposal to cease hostilities and reopen the Strait of Hormuz. The US benchmark West Texas Intermediate (WTI) Oil barrel is trading at $94.60 at the time of writing, up nearly 3.5% on the day so far.

Source  Fxstreet1790591532
Brent: Oil climbs on Middle East tensions – Deutsche Bank

Deutsche Bank’s Early Morning Reid highlights renewed upside in Brent Oil as US-Iran negotiations show little progress and Iran refuses to soften conditions on reopening the Strait of Hormuz.

Source  Fxstreet1790588186
Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $61.14 per troy ounce, down 4.91% from the $64.30 it cost on Friday.

Source  Fxstreet1790588024
Gold Price Forecast: XAU/USD remains vulnerable as sellers target $4,000

Gold (XAU/USD) remains under heavy selling pressure at the start of the week, weighed down by rising expectations of further monetary tightening from the Federal Reserve (Fed).

Source  Fxstreet1790587612
Gold: Downtrend persists below 200dma – Societe Generale

Societe Generale analysts note Gold has failed to sustain gains above its 200-day moving average, reinforcing downward momentum. A short-term pullback is underway, with key resistance at the recent pivot high near $4,315.

Source  Fxstreet1790585196
WTI rises above $93.00 after Trump rejects Iran peace deal

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.05 during the early Asian trading hours on Monday. WTI rises following US President Donald Trump’s rejection of an Iranian peace deal.

Source  Fxstreet1790575890
WTI sticks to modest gains above $92.00 amid Middle East jitters

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on a modest gap-up open on Monday as traders opt to wait for further developments surrounding the Middle East crisis before placing fresh bets.

Source  Fxstreet1790560592
Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion

Gold price (XAU/USD) drops to around $4,215 during the early Asian trading hours on Monday. The precious metal loses ground as a stronger US Dollar (USD) and hawkish signals from the US Federal Reserve (Fed) policymakers dented bullion's appeal.

Source  Fxstreet1790560089
Silver Price Forecast: XAG/USD lacks direction as RSI, ADX signal weak momentum

Silver (XAG/USD) holds firm on Friday, supported by a modest pullback in the US Dollar after its strong weekly rally. At the time of writing, Silver trades around $64.30 but remains on track for a weekly loss.

Source  Fxstreet1790359540
Gold finds a pulse as WTI slump takes the edge off US Dollar

Gold (XAU/USD) price holds firm on Friday after two days of losses, as US bond yields remain high and inflationary concerns mount, increasing the likelihood of further tightening by the Federal Reserve (Fed) and other major central banks.

Source  Fxstreet1790359113
Silver Price Forecast: XAG/USD reclaims $65 as rally in bond yields, US Dollar hits pause

Silver price (XAG/USD) is up 1.85% to near $65.00 during the European trading session on Friday. The white metal strengthens as rally in the US Dollar (USD) and United States (US) Treasury Yields appears to have hit a pause.

Source  Fxstreet1790335010
Gold gains as US Dollar and yields pause, but weekly loss remains in sight

Gold (XAU/USD) edges higher on Friday as the US Dollar (USD) and Treasury yields take a breather following their strong rally this week. At the time of writing, XAU/USD trades around $4,310 after slipping to a one-week low of $4,244 on Thursday.

Source  Fxstreet1790334413
WTI Oil reversal stalls above $91.00 as Middle East tensions outweigh supply increases

The price of the US benchmark West Texas Intermediate (WTI) barrel has stabilised above $91.00 on Friday, with the reversal from Thursday’s highs, near $96.00, losing momentum.

Source  Fxstreet1790333389
Gold Price Forecast: XAU/USD struggles below $4,300 level with bears still in control

Gold (XAU/USD) is trimming some losses on Friday, trading just below the $4,300 level after bouncing from support in the $4,230 area on Thursday.

Source  Fxstreet1790329926
Brent: conflict-driven gains face deal hopes – Deutsche Bank

Deutsche Bank strategists highlight a sharp rise in Brent Oil as geopolitical tensions and Iranian rhetoric fuel concerns about an extended conflict. Brent briefly spiked above $108 before retracing on reports of potential US–Iran negotiations to reopen the Strait of Hormuz.

Source  Fxstreet1790329345
Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.60 per troy ounce, up 1.18% from the $63.85 it cost on Thursday.

Source  Fxstreet1790328658
Gold: Bearish bias holds below 4300 resistance - OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that Gold remains under near-term pressure after briefly slipping below 4250 before rebounding modestly.

Source  Fxstreet1790322103
WTI Price Forecast: Slips below $92.00 amid Iran diplomacy hopes; bullish potential intact

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends the previous day's late pullback from the $95.80 area and drifts lower through the Asian session on Friday.

Source  Fxstreet1790311361
Gold remains capped as hawkish Fed, higher bond yields and Iran risks support USD

Gold (XAU/USD) struggles to capitalize on a modest Asian session uptick on Friday and languishes near the weekly low, touched the previous day amid a bearish fundamental backdrop.

Source  Fxstreet1790309994
WTI drops to near $92.50 on potential US-Iran deal

West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday.

Source  Fxstreet1790298390
Gold declines below $4,300 as rising oil prices and hawkish Fed stance dampen appeal

Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday.

Source  Fxstreet1790292207
Silver price falls as Fed hawkish outlook drives US yields higher

Silver (XAG/USD) extends its decline on Thursday, falling 1.23% on the day to trade around $63.65 at the time of writing.

Source  Fxstreet1790253936
Gold bears tighten their grip as Fed rate hike bets rise

Gold (XAU/USD) slides to a one-week low on Thursday as rising US Treasury yields and a stronger US Dollar (USD) reflect an increasingly hawkish Federal Reserve (Fed) outlook. At the time of writing, XAU/USD trades around $4,260, down nearly 0.65% on the day.

Source  Fxstreet1790247268
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