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.
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.
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.
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.
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.
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.
OCBC strategists Sim Moh Siong and Christopher Wong note that Gold remains under near-term pressure after briefly slipping below 4250 before rebounding modestly.
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.
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.
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday.
Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday.
Silver (XAG/USD) extends its decline on Thursday, falling 1.23% on the day to trade around $63.65 at the time of writing.
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 $4,260, down nearly 0.65% on the day.
TradingKey - Na sessão europeia de 24 de setembro, os preços do ouro (XAUUSD) ampliaram sua correção, caindo abaixo de US$ 4.300 no intradiário para atingir a mínima de US$ 4.262,45. Após terem se rec
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $63.80 per troy ounce, down 0.98% from the $64.43 it cost on Wednesday.
Silver price (XAG/USD) is down 1.25% to near $63.60 during the European trading session on Thursday. The white metal faces intense selling pressure after hawkish remarks from New York Federal Reserve (Fed) Bank John Willams, a permanent voting member, in the European trade.
Commerzbank analysts note that escalating US-Iran tensions and fresh attacks in the Strait of Hormuz are tightening physical oil markets, with record premiums at Cushing pointing to strong demand for immediate supply.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $91.40 during the early Asian trading hours on Thursday. WTI tumbles amid hopes for diplomatic progress between the US and Iran.
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) touches a one-week low during the Asian session on Thursday, though it lacks follow-through as traders await a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.
Gold price (XAU/USD) tumbles to near $4,290 during the early Asian session on Thursday. The precious metal loses momentum as hawkish signals from Federal Reserve (Fed) policymakers bolstered rate hike expectations, weighing on non-yielding bullion.
Gold sank by over 1.5% during the North American session on Wednesday as investors grew confident that the Federal Reserve (Fed) would raise rates at the October meeting. That confidence stems from hawkish remarks made by several officials.
Silver price tumbles over 3.67% on Wednesday as investors increase Fed-hawkish bets, following remarks by several officials supporting last week’s rate hike and penciling in further tightening. The XAG/USD trades at $64.59, after reaching a high of $67.52.
West Texas Intermediate (WTI) Oil rebounds on Wednesday after five straight days of losses as traders assess the latest Middle East developments and US inventory data.
TD Securities’ Ryan McKay and Bart Melek note West Texas Intermediate (WTI) Crude prices are holding relatively strong despite intense headline risk and elevated speculative positions, with CTAs (Commodity Trading Advisors) adding back length rather than cutting exposure.
TD Securities’ Ryan McKay argues Gold is entering a new bullish phase, with speculative, ETF and central bank flows reinforcing resilience despite further Fed hikes.
ING analysts Ewa Manthey and Warren Patterson report that LME Copper has extended gains on tight physical conditions in China, falling inventories and holiday-related restocking, even as investor positioning remains subdued.
Silver (XAG/USD) slides nearly 3% on Wednesday as the hawkish Federal Reserve (Fed) outlook pushes the US Dollar (USD) to a two-month high and weighs on non-yielding metals. Gold (XAU/USD) is also down more than 1%. At the time of writing, XAG/USD trades around $65.
ING strategists Ewa Manthey and Warren Patterson note that Brent and WTI have sold off sharply as expectations of higher Saudi crude exports, progress in US-Iran talks and a surprise US inventory build ease Middle East supply concerns.
Silver (XAG/USD) extends its decline on Wednesday, trading around $65.20 at the time of writing, down 2.80% on the day. The white metal retreats further from the $68.00 area as a stronger US Dollar (USD) and a hawkish repricing of the US interest rate outlook weigh on precious metals.