Gold (XAU/USD) surges over 2% on Monday, clearing the $5,000 milestone and extending its gains towards $5,100 amid renewed geopolitical tensions and central banks continuing to buy the yellow metal as a diversification of reserves.
West Texas Intermediate (WTI) pares earlier gains on Monday as traders weigh oversupply concerns against persistent geopolitical tensions. At the time of writing, WTI is trading around $60.70, easing from an intraday high near $61.60 and down nearly 0.65% on the day.
Silver (XAG/USD) continues its spectacular rally at the start of the week, trading around $109.50 at the time of writing, up 6.90% on the day.
Gold has surpassed $5,000/oz, reaching nearly $5,100/oz, confirming the forecast of $5,000/oz by year-end. Societe Generale now anticipates Gold could reach $6,000/oz by year-end, potentially a conservative estimate.
Gold’s (XAU/USD) keeps marching higher on Monday, boosted by a mix of geopolitical tensions, US President Trump’s new tariff salvo, and a weaker US Dollar amid fears of an immediate Yen intervention.
Gold (XAU/USD) extends its historic rally on Monday, breaking decisively above the $5,000 psychological mark as geopolitical risks and mounting economic uncertainty push investors toward safe-haven assets.
US natural gas prices are experiencing a significant rally, with Henry Hub breaking above $6/MMBtu, the highest level since late 2022. This surge is driven by a winter storm affecting nearly half of the US states, which is expected to increase heating demand.
Deutsche Bank's Early Morning Reid Macro Strategy report highlights a significant rise in Gold prices, which have surged by +8.52%, nearing the $5,000 level. The report notes that geopolitical concerns have contributed to this upward momentum.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $109.94 per troy ounce, up 7.28% from the $102.48 it cost on Friday.
Silver (XAG/USD) prolongs its recent well-established uptrend and continues scaling new all-time peaks for the third straight day, rising to the 109.45 region on Monday.
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $61.10 during the early European hours on Monday. Crude prices move higher, supported by slowing Russian fuel Oil exports and supply disruptions in key United States (US) producing regions.
Rabobank analysts discusses the current state of Gold and Silver, noting that Gold is now trading well above $5000/oz and Silver above $100/oz. The report highlights a shift from financial assets to material assets, with a growing narrative of 'sell America' and de-Dollarisation.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.00 during the Asian trading hours on Monday. The WTI price edges lower amid supply glut concerns.
Gold price (XAU/USD) rises to a fresh record high near $5,045 during the early Asian session on Monday. The precious metal extends its upside amid geopolitical risks and concerns over the US Federal Reserve (Fed).
Gold (XAU/USD) surges during the North American session on Friday, up by over 1% as the US Dollar (USD) gets smashed on intervention rumors to propel the Japanese Yen (JPY) in the FX markets, amid an improvement in risk appetite that pushed the yellow metal to fresh all-time highs at $4,988.
Silver prices had reached the $100.00 milestone, recording an all-time high of $100.33, before retreating towards the triple digit figure. On Friday, the grey metal post gains of close to 4% after bouncing off daily lows of $96.14.
Gold (XAU/USD) eases modestly on Friday as mild profit-taking sets in following a surge to a fresh record high near $4,967 earlier in the Asian session. XAU/USD hovers around $4,930 at the time of writing and is set for a third straight weekly advance.
Gold’s (XAU/USD) is trading at $4,915 at the time of writing, practically flat on the daily chart following a 4-day rally that brought price action to a fresh all-time high of $4,967.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $97.83 per troy ounce, up 1.77% from the $96.13 it cost on Thursday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.85 during the early European trading hours on Friday. The WTI price edges higher amid a weaker US Dollar (USD) and risk-on mood in wider markets.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver (XAG/USD) continues scaling new all-time highs for the second consecutive day and climbs to the $99.00 mark during the Asian session on Friday.
Gold price (XAU/USD) extends the rally to around $4,950 during the early Asian session on Friday. The precious metal gains momentum as geopolitical risk and threats to the US Federal Reserve’s (Fed) independence boost the safe-haven demand.
Gold (XAU/USD) surges for the fourth consecutive trading day on Thursday, hitting a fresh record high of $4,906, even as risk appetite improved and tensions between the US and Europe eased, following an agreement over Greenland. At the time of writing, XAU/USD trades at $4,903, up 1.60% in the day.
Silver (XAG/USD) regains some ground on Thursday but lacks follow-through, consolidating near record highs as a modest improvement in risk sentiment tempers safe-haven flows. At the time of writing, XAG/USD is trading around $93.90, holding below the all-time high near $95.89 set on Tuesday.
Gold (XAU/USD) trims its intraday losses on Thursday as traders reposition ahead of a heavy slate of US economic data due later in the American session. At the time of writing, XAU/USD trades around $4,820, recovering after a short-lived pullback below the $4,800 psychological level.
Gold (XAU/USD) pulled back from record highs a handful of dollars below $,4,900, following US President Trump’s softer tone at the Davos Forum, but the precious metal remains steady above $4,800, which shows that demand for safe assets remains steady.