News

Gold surges toward $4,100 as markets go all-in on Fed cuts

Gold (XAU/USD) rallies sharply on Monday, gaining 0.80% as investors seem confident that the Federal Reserve (Fed) will slash rates at the December meeting as US economic data continues to flow. At the time of writing, XAU/USD trades near $4,100 after hitting a daily low of $4,040.

Source  Fxstreet1764007610
WTI Price Forecast: Bias stays lower with RSI below 50 and key SMAs overhead

West Texas Intermediate (WTI) Crude Oil is attempting a modest rebound on Monday, snapping a three-day losing streak as traders balance revived December Federal Reserve (Fed) interest rate cut expectations with ongoing Russia–Ukraine peace-talk developments.

Source  Fxstreet1764004515
Silver edges higher amid Fed rate cut expectations, geopolitical uncertainties

Silver (XAG/USD) rises slightly at the start of the week and trades around $50.00, up 0.20% on Monday.

Source  Fxstreet1763987344
Gold trades quietly with rising rate-cut bets offset by calmer market sentiment

Gold (XAU/USD) trades quietly into the new week as investors weigh the evolving Federal Reserve (Fed) monetary policy outlook alongside improving sentiment in risk assets.

Source  Fxstreet1763986928
Oil: Brent slips to month-low amid Russia-Ukraine peace talks – ING

Oil prices ended last week on a weak footing, with ICE Brent down more than 2.8%. This downward pressure continued in early morning today, with Brent trading at its lowest level in over a month. Ongoing talks to reach a Russia-Ukraine peace deal are weighing on the market.

Source  Fxstreet1763980266
WTI falls near $57.50 as US-Russia-Ukraine peace talks progress

West Texas Intermediate (WTI) Oil price extends its losing streak for the fourth successive session, trading around $57.70 per barrel during the European hours on Monday.

Source  Fxstreet1763974708
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Source  Fxstreet1763973511
Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $58.13 per barrel, up from Friday’s close at $57.90.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.90.

Source  Fxstreet1763967759
Gold declines amid a bullish USD and positive risk tone; downside potential seems limited

Gold (XAU/USD) attracts fresh sellers during the Asian session on Monday and declines below the $4,050 level in the last hour, though it lacks follow-through.

Source  Fxstreet1763959261
Silver Price Analysis: XAG/USD trades below $50.00, seems vulnerable to slide further

Silver (XAG/USD) struggles to capitalize on Friday's modest recovery from the $48.65-$48.60 region, or a nearly two-week low, and attracts fresh sellers on the first day of a new week.

Source  Fxstreet1763953770
WTI declines below $58.00 on Ukraine-Russia peace talks

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.85 during the Asian trading hours on Monday. The WTI edges lower as the United States (US) pushes for a Russia-Ukraine peace deal.

Source  Fxstreet1763950573
Gold Price Forecast: XAU/USD gains ground above $4,050 on Fed rate cut bets, US data awaited

Gold price (XAU/USD) trades in positive territory around $4,075 during the early Asia session on Monday. The precious metal edges higher as expectations for a Federal Reserve (Fed) rate cut rise after comments from John Williams.

Source  Fxstreet1763943662

United States Baker Hughes US Oil Rig Count came in at 419, above forecasts (418)

Source  Fxstreet1763748071
Gold rallies past $4,100 as dovish Fed sparks December cut frenzy

Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of writing, XAU/USD trades at $4,096, up by 0.53%, after hitting a daily high of $4,101.

Source  Fxstreet1763746349
WTI Oil falls to one-month lows amid Ukraine peace talks, supply concerns

West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day.

Source  Fxstreet1763743511
Silver Price Forecast: Double-top signals fatigue, but the broader uptrend is not broken

Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline.

Source  Fxstreet1763738621
Broad-based decline in Swiss Gold exports in October – Commerzbank

Swiss Gold exports fell sharply in October, particularly to China and India, reflecting signs of slowing demand after Gold prices hit record highs, Commerzbank's commodity analyst Carsten Fritsch notes.

Source  Fxstreet1763726649
Gold retreats toward weekly lows as Fed cut odds shrink

Gold (XAU/USD) trades on the back foot on Friday, weighed down by fading hopes of a December interest rate cut from the Federal Reserve (Fed).

Source  Fxstreet1763725806
Gold Price Forecast: XAU/USD‘s focus shifts to $4,040 and $4,000 supports

Gold (XAU/USD) has retraced gains from the previous three days, with precious metals on retreat as investors pare back hopes of a Federal Reserve rate cut in December.

Source  Fxstreet1763725061
The U.S. Dollar Index Is the Key Driver of Gold Prices: Where Are the Dollar and Gold Headed Next?

1. IntroductionFrom the start of this year to mid-October, the gold market witnessed a substantial rally, with prices surging from $2,057 per ounce to $4,357 per ounce, representing a remarkable incre

Source  Tradingkey1763718408
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Friday, according to data compiled by FXStreet.

Source  Fxstreet1763713992
WTI Crude dives below $58.00 amid hopes of a peace deal in Ukraine

Oil prices depreciated for the third consecutive day on Friday, with the US benchmark West Texas Intermediate breaking below the $58.00 line for the first time since late October, as the US administration works to reach a peace deal between Russia and Ukraine.

Source  Fxstreet1763713828
September Jobs Report Clouds Fed’s Rate Cut Path  Gold's Lack of Upward Momentum May Trigger Sell-Off

TradingKey - The U.S. government released the delayed September nonfarm payrolls report last week, showing a stronger-than-expected 119,000 jobs added—far exceeding the forecast of 50,000. However, th

Source  Tradingkey1763710333
Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $58.18 per barrel, down from Thursday’s close at $58.66.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.16 after its previous daily close at $62.60.

Source  Fxstreet1763708951
Silver Price Forecast: XAG/USD revisits weekly low near $49.50 as Fed rate hold bets remain firm

Silver price (XAG/USD) revisits the weekly low around $49.50 during the European trading session on Friday. The white metal faces selling pressure as traders remain confident that the Federal Reserve (Fed) will not cut interest rates in the December policy meeting.

Source  Fxstreet1763707070
WTI falls to $58.00 as Ukraine–Russia tensions ease, sanctions eyed

West Texas Intermediate (WTI) Oil price extends its losses for the third consecutive session, trading around $ 58.00 per barrel during the Asian hours on Friday.

Source  Fxstreet1763700466
Gold remains depressed as reduced Fed rate cut bets offset weaker risk tone

Gold (XAU/USD) attracts fresh sellers during the Asian session on Friday, though it remains confined in the weekly range amid mixed fundamental cues.

Source  Fxstreet1763698684
Gold Price Forecast: XAU/USD holds steady below $4,100 as Fed rate cut bets fade

Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal Reserve (Fed) rate cut expectations.

Source  Fxstreet1763685553
Gold tanks to $4,061 as blowout NFP and hawkish Fed spark mass exit from havens

Gold (XAU/USD) retreats on Thursday during the North American session following the release of the September US jobs report, which fared better than expected, crushing forecasts. At the time of writing, XAU/USD trades at $4,061, down 0.38%.

Source  Fxstreet1763661742
WTI Price Forecast: Momentum stabilizes but upside remains limited

West Texas Intermediate (WTI) Crude steadies on Thursday after falling more than 2% on the previous day, as market sentiment turns cautious ahead of the US sanction deadline on two major Russian oil firms. At the time of writing, WTI is trading around $59.70, up nearly 0.70% on the day.

Source  Fxstreet1763651242
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