Silver price (XAG/USD) is up 1.8% to near $64.40 during the European trading session on Thursday. The white metal gains as oil price’s rally hits a pause as Saudi Arabia confirms exploring alternatives for shipping energy.
OCBC strategist Christopher Wong reports that Gold reversed lower after the FOMC as a stronger US Dollar (USD) and rising United States (US) yields weighed on sentiment, with the 2-year near 4.75% and the 10-year around 5%.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) attracts some buyers during the Asian session on Thursday, though it struggles to find acceptance above the $4,300 mark and remains close to a near six-week low, touched the previous day.
TradingKey - 9월 17일 아시아 거래 기준, 금 가격(XAUUSD)은 수요일 $4,235.44까지 급락한 후 빠르게 반등하여 오늘 장중 $4,300 선을 회복했고 최고 $4,318.26까지 상승했습니다. 금 가격은 수요일 한때 $4,365 선을 넘어서기도 했으나 연방준비제도(Fed)의 금리 결정 이후 급락했습니다. 오늘 금 가격의 빠른 반등은 악
West Texas Intermediate (WTI) oil price extends its losses for the second successive day, trading around $96.60 per barrel during the Asian hours on Thursday.
US President Donald Trump is expected to meet Gulf leaders on the sidelines of the UN General Assembly in New York next Tuesday to discuss the next steps in the Iran war, Reuters reported on Wednesday.
Gold price (XAU/USD) attracts some sellers to around $4,265 during the early Asian session on Thursday. The precious metal extends its downside after the US Federal Reserve (Fed) raises interest rates and signals another rate increase is likely this year.
Spot Gold is closing Wednesday with losses, trading around $4,250 after hitting an intraday high of $4,366. The bright metal came under strong selling pressure after the United States (US) Federal Open Market Committee (FOMC) announced a 25 basis-point (bps) interest rate hike, as expected.
Silver (XAG/USD) trades under pressure on Wednesday as a stronger US Dollar and rising US Treasury yields weigh on the non-yielding metal following the Federal Reserve’s (Fed) monetary policy decision. At the time of writing, XAG/USD trades around $62.68, down 1.56% on the day.
Texas Intermediate (WTI) Oil holds near its daily low on Wednesday, showing little immediate reaction to the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, WTI trades around $97.50 per barrel, down roughly 3.3% on the day.
The United States (US) Federal Open Market Committee (FOMC) announced a 25 basis-point (bps) interest rate hike following its two-day meeting, pushing the US Dollar (USD) firmly up against most major rivals. With this decision, the Funds Target Range (FFTR) stands floating in the 3.75%–4.00% range.
West Texas Intermediate (WTI) Oil falls on Wednesday as Saudi Arabia steps up efforts to restore flows through its East-West pipeline, which was damaged by a drone attack last week.
Silver (XAG/USD) rebounds on Wednesday and trades around $64.00 per troy ounce at the time of writing, up 1.32% on the day.
Gold (XAU/USD) rebounds on Wednesday as sellers trim their exposure ahead of the Federal Reserve’s (Fed) monetary policy announcement.
Gold (XAU/USD) trades cautiously below $4,350 on Wednesday as investors refrain from taking large positions ahead of the Federal Reserve (Fed) monetary policy decision.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $64.54 per troy ounce, up 1.36% from the $63.67 it cost on Tuesday.
West Texas Intermediate (WTI) oil price depreciates after posting nearly 3% gains in the previous day, trading around $100.00 per barrel during European hours on Wednesday.
Rabobank’s Senior Macro Strategist Bas van Geffen highlights escalating Middle East tensions, with Houthi attacks and damage to Saudi infrastructure forcing more Oil flows through the Strait of Hormuz.
Silver price (XAG/USD) is up 1.8% to near $64.80 during the European trading session on Wednesday. The white metal trades firmly ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
TradingKey - 9월 16일 아시아 거래 세션 동안 현물 금(XAUUSD) 가격이 빠르게 상승하며 온스당 4,300달러 선을 회복하고 장중 4,340달러를 기록했습니다.CME 페드워치(FedWatch) 데이터에 따르면 연방준비제도(Fed)의 금리 인상에 대한 시장 기대감은 약 92.5%까지 상승했으나, 이러한 결과는 미국 달러화, 국채 금리, 금 가
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $100.00 during the early European trading hours on Wednesday. WTI falls after an unexpected build in US crude inventories.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold (XAU/USD) attracts some dip-buyers near the $4,275 region during the Asian session on Wednesday, though the upside potential seems limited. The US Dollar (USD) pauses for a breather after touching a two-week high and offers some support to the commodity.
Silver (XAG/USD) struggles to capitalize on the previous day's modest gains and fails to break above the $64.00 round figure during the Asian session on Wednesday.
The Saudi-led coalition said that Saudi air defenses intercepted and destroyed a drone launched by Yemen’s Houthi group near Mecca, Reuters reported on Tuesday.
Gold price (XAU/USD) declines to near $4,285 during the early Asian session on Wednesday.
West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain.
Gold (XAU/USD) price holds firm on Tuesday, capped on the upside by solid resistance at the 100-day Simple Moving Average (SMA) at $4,328, while broad US Dollar strength and elevated US bond yields weighed on the non-yielding metal.