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    Gold Price Forecast: XAU/USD will see a resurgence of investor interest – ING

    Investment demand for Gold is yet to rebound. Economists at ING expect more investors’ interest as US interest rates fall.

    Source  Fxstreet1709537160
    Gold price consolidates near two-month peak, bullish potential seems intact

    Gold price (XAU/USD) is seen oscillating in a narrow range during the Asian session on Monday and consolidating last week's strong gains to the $2,088-2,089 region, or its highest level since December 28.

    Source  Fxstreet1709527427
    WTI extends gains to near $79.50 as OPEC+ decided to extend oil output cuts of 2.2M bpd

    West Texas Intermediate (WTI) oil price edges higher to near $79.50 per barrel on Monday, following the decision of voluntary oil output cut, made in coordination with some OPEC+ participating countries, including Russia, aiming at addressing concerns about oversupply and stabilizing oil prices.

    Source  Fxstreet1709524105
    Gold Price Forecast: XAU/USD holds below the $2,100 mark, a nine-week high, eyes on Chinese Services PMI data

    Gold price (XAU/USD) rose to a nine-week high below the $2,100 mark during the early Asian trading hours on Monday.

    Source  Fxstreet1709510026
    Gold hits new yearly high as US yields drop on mixed US manufacturing data

    Gold price soars to a new year-to-date high of $2,088.33 in Friday’s North American session, following the release of mixed economic data, as S&P Global revealed the economy in the United States is expanding.

    Source  Fxstreet1709321059

    United States Baker Hughes US Oil Rig Count: 506 vs 503

    Source  Fxstreet1709316068
    XAU/USD back on the high side as bidders seek $2,100 post-US ISM PMI miss

    Spot Gold caught a bump on Friday after the US ISM Manufacturing Purchasing Manager Index (PMI) came in below expectations, sparking renewed hopes of the Federal Reserve (Fed) delivering rate cuts sooner rather than later.

    Source  Fxstreet1709312254
    Gold Price Forecast: XAU/USD to average $2,025 over the first quarter – ING

    Gold prices have held above the key $2,000 level since December.

    Source  Fxstreet1709304900
    Platinum to recover as soon as Gold starts to rise – Commerzbank

    Although the Gold market is likely to pick up in the medium to long term, there is a lack of momentum in the short term, which also means that the price recovery on the Platinum market will be a wait-and-see affair despite the undersupply, strategists at Commerzbank say.

    Source  Fxstreet1709301022
    Gold Price Forecast: XAU/USD to trade higher this year – ING

    Gold has been trading in a narrow range so far this year. Economists at ING analyze the yellow metal’s outlook.

    Source  Fxstreet1709294340
    WTI Oil jumps to $78 as markets expect OPEC production cuts to extend into Q2

    Oil prices jumped on Friday, trading above $78 in the European trading session, in what already has been a profitable week for Oil.

    Source  Fxstreet1709293500
    Gold Price Forecast: XAU/USD rise due to PCE coming as high as expected is unconvincing – Commerzbank

    The price of Gold rose to a four-week high of just over $2,050 on Thursday.

    Source  Fxstreet1709289900
    Gold price recovers as Fed rate-cut hopes for June remain alive

    Gold price (XAU/USD) rebounds from $2,040 in Friday’s European session as market expectations for rate cuts in the June policy meeting remain alive.

    Source  Fxstreet1709289083
    Silver Price Analysis: XAG/USD slides back closer to mid-$22.00s, remains vulnerable

    Silver (XAG/USD) meets with some supply following an intraday uptick to the $22.80 region on Friday and erodes a part of the previous day's positive move to a multi-day peak.

    Source  Fxstreet1709283424
    WTI consolidates around $78.00, remains on track to post second straight week of gains

    West Texas Intermediate (WTI) US Crude Oil prices attract some buying near a technically significant 200-day Simple Moving Average (SMA) during the Asian session on Friday and for now, seem to have snapped a two-day losing streak.

    Source  Fxstreet1709270722
    Gold price holds steady just below one-month peak touched on Thursday

    Gold price (XAU/USD) holds steady around the $2,045 region during the Asian session on Friday and remains well within the striking distance of a nearly one-month peak touched the previous day.

    Source  Fxstreet1709265344
    Crude Oil flattens on Thursday, WTI tests below $78.00

    West Texas Intermediate (WTI) US Crude Oil traded closely with the $78.00 handle on Thursday as bullish Crude Oil momentum stopped in its tracks as rising US Crude Oil stocks begin to weigh on energy risk appetite.

    Source  Fxstreet1709249935
    Gold surges as core PCE confirms disinflation and boosts precious metals

    Gold price rose more than 0.50% in Thursday’s North American session after the release of the Federal Reserve’s preferred gauge of inflation, the Core Personal Consumption Expenditure (PCE) Price Index, was aligned with estimates.

    Source  Fxstreet1709235196
    Natural Gas trades on the front foot, with market activity picking up interest

    Natural Gas (XNG/USD) trades on the front foot on Thursday driven by a pickup in activity and demand, showing how resilient the commodity actually can be.

    Source  Fxstreet1709206200
    WTI rebounds to near $78 ahead of crucial US inflation readings

    West Texas Intermediate (WTI), futures on NYMEX, is up 0.28% in Thursday’s European session after a strong recovery from $77.60 ahead of key United States Personal Consumption Expenditure Price Index (PCE) for January, which will be published at 13:30 GMT.

    Source  Fxstreet1709203588
    Gold price consolidates as focus remains on US core PCE Price Index

    Gold price (XAU/USD) remains in a tight range in Thursday’s European session as investors seek fresh guidance on the interest rate outlook.

    Source  Fxstreet1709201646
    Gold Price Forecast: XAU/USD’s downside will be limited – MUFG

    Gold (XAU/USD) is trading in a narrow trading band, ahead of fresh US inflation data – Core PCE – that may offer signs of when the Fed will pivot, economists at MUFG Bank say.

    Source  Fxstreet1709200140
    Silver Price Analysis: XAG/USD could retest sub-$22.00 levels, or two-month trough

    Silver (XAG/USD) attracts some sellers following an intraday uptick on Thursday and for now, seems to have stalled its modest recovery from the $22.30-$22.25 region, or a two-week low touched the previous day.

    Source  Fxstreet1709198943
    Gold price remains below a key hurdle as traders keenly await the US PCE Price Index

    Gold price (XAU/USD) ticks higher during the Asian session on Thursday and looks to build on the overnight modest bounce from the $2,025-2,024 area, or the weekly low.

    Source  Fxstreet1709178952
    WTI holds below $78.00, US PCE data looms

    Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.75 on Thursday.

    Source  Fxstreet1709168558
    Gold price holds firm as US economic expansion tempers US yields

    Gold price remains steady near $2,030 on Wednesday, posting a gain of 0.17% after the US Bureau of Economic Analysis (BEA) revealed the country's economy expanded.

    Source  Fxstreet1709150104
    Crude Oil rose again on Wednesday, but WTI found friction at $79.00

    West Texas Intermediate (WTI) US Crude Oil found further room on the top end on Wednesday, briefly climbing above $79.00 before getting pulled back down by another surprise buildup in US Crude Oil inventories according to the Energy Information Administration (EIA).

    Source  Fxstreet1709140082

    United States EIA Crude Oil Stocks Change came in at 4.199M, above expectations (2.743M) in February 23

    Source  Fxstreet1709134203
    Natural Gas flat with traders seeing some slight upside potential

    Natural Gas (XNG/USD) is trading back above $1.80 after a two-day winning streak. Traders are seeing more room for some upside with the European Gas trading market becoming very crowded. Due to the recent multi-year low in prices, several

    Source  Fxstreet1709120700
    Gold price falls amid uncertainty over US core PCE price index data

    Gold price (XAU/USD) comes under pressure in Wednesday’s European session as Federal Reserve (Fed) policymakers are not interested in lowering interest rates anytime in the first half of 2024.

    Source  Fxstreet1709114763
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