Gold price retreats during the North American session on Wednesday, down more than 1% after reaching a three-day high of $5,091. A mixed market mood and modest US Dollar strength keep XAU/USD trading with losses at around $4,901 at the time of writing.
Silver (XAG/USD) extends its rebound for a second consecutive day and trades around $89.70 at the time of writing, up 5.50% on the day.
BNY's report, authored by Head of Markets Macro Strategy Bob Savage, discusses significant outflows from China's gold ETFs, totaling nearly $1 billion, following a sharp decline in gold prices. This trend reflects fragile investor sentiment after a recent peak in gold prices.
The report from OCBC Bank, authored by Sim Moh Siong and Christopher Wong, notes that Gold and Silver have rebounded due to dip-buying interest as liquidation pressures eased. However, sentiment remains cautious, and the report anticipates consolidation rather than a trend reversal.
TradingKey - Gold (XAUUSD) and silver (XAGUSD) rebounded on Wednesday after last week’s sharp sell‑off. Investors in the metals are still keeping the faith.Over the past year, both metals have climbed
Gold (XAU/USD) is trading higher for the second consecutive day on Wednesday, standing above the $5,000 psychological level, trading at $ 5,050 at the time of writing, with markets calm ahead of the release of the US ADP Employment Change Report, due later on Wednesday.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $89.44 per troy ounce, up 5.20% from the $85.02 it cost on Tuesday.
Silver price (XAG/USD) recovers further on Wednesday, trades 6% higher to near $90.50 during the European trading session.
Deutsche Bank's Macro Strategy report highlights a significant recovery in Gold prices, which posted their largest daily gain since 2008. Gold rose by 6.12% to $4,947/oz, with further increases noted overnight.
West Texas Intermediate (WTI) Oil price declines after registering nearly 3% gains in the previous session, trading around $63.50 per barrel during the early European hours on Wednesday.
TradingKey - Precious metals rebound strongly after sharp volatility as the market faces a pivotal directional choice.Following a two-day rout, the precious metals market staged a strong rebound on Tu
Gold prices rebounded strongly on Tuesday, reversing previous declines. The price rose by US$285.38 (6.1%) to US$4,946.76 per troy ounce. Silver also saw a significant rebound, increasing by US$5.89 (7.4%) to US$85.16 per troy ounce.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.75 during the Asian trading hours on Wednesday. The WTI price edges higher amid fears of rising tensions between the United States (US) and Iran.
Gold price (XAU/USD) trades in positive territory near $4,985 during the early Asian session on Wednesday. The precious metal extends the rebound after a historic and volatile sell-off last week. Traders weigh the next round of US economic signals and the broader demand for safe-haven assets.
Silver (XAG/USD) rebounds sharply on Tuesday and trades around $85.30 , up roughly 6.50% on the day at the time of writing.
West Texas Intermediate (WTI) Crude Oil stages a technical rebound on Tuesday, as buyers step in ahead of the $60 psychological level. At the time of writing, WTI is trading around $62.45 per barrel, up about 0.70% on the day after reversing its earlier intraday losses.
OCBC Bank analysts Sim Moh Siong and Christopher Wong report that Gold prices have shown tentative signs of stabilization after a sharp decline from above USD5,500/oz to a low of USD4,402/oz.
Rabobank's RaboResearch Team has noted a rally in European gas prices, which reached €43/MWh due to below-average storage levels and severe cold weather.
Gold (XAU/USD) climbs more than 5% on Tuesday as dip buyers step back into the market following last week’s violent correction from record highs near $5,600. At the time of writing, XAU/USD is hovering near $4,915, extending its rebound after slipping to near four-week lows around $4,402 on Monday.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $86.81 per troy ounce, up 8.58% from the $79.95 it cost on Monday.
Rabobank's RaboResearch Team has raised its 2026 Brent forecasts to $64/bbl from $58.25/bbl due to geopolitical tensions. WTI is now expected to average $59.80/bbl, up from $54.60/bbl.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.60 during the early European trading hours on Tuesday. The WTI price tumbles after reports that the United States (US) and Iran would begin talks on Friday.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold (XAU/USD) builds on the previous day's bounce from the $4,400 neighborhood, or the lowest level since January 6, and gains some follow-through traction during the Asian session on Tuesday.
TradingKey - Gold ( XAUUSD) market is undergoing exceptionally intense price turbulence. Following a short-term surge, spot gold prices plunged nearly $1,000 within just two trading days, briefly fall
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the previous day's modest bounce from the $61.20 area, or a one-week trough, and attract some sellers for the second straight day on Tuesday.
Silver (XAG/USD) trades sharply lower on Monday, hovering around $81.80 at the time of writing, down 2.0% on the day. The white metal extends the corrective move that began after last week’s steep drop, as markets rapidly reassess the macroeconomic and monetary outlook in the United States (US).