Gold price (XAU/USD) holds steady around $4,125 during the early Asian session on Thursday. The precious metal fluctuated as traders continue to assess the outlook for the Federal Reserve’s (Fed) interest-rate path on the back of ongoing tensions in the Middle East.
Silver price retreated after hitting a daily high of $58.18, falling below the $58.00 mark as the US Dollar strengthened amid rising US Treasury yields. The XAG/USD trades at $57.87 a troy ounce, down 0.20%.
Gold price (XAU/USD) registers modest gains on Wednesday as Oil prices edge lower after the US authorized the offloading of cargo from some blocked vessels, triggering a downside reaction in Oil markets.
Silver (XAG/USD) extends its decline on Wednesday, trading around $57.50, down 0.89% on the day at the time of writing. The precious metal remains under pressure as rising United States (US) Treasury yields and a modest recovery in the US Dollar (USD) reduce the appeal of non-yielding assets.
Gold (XAU/USD) extends losses for the fourth consecutive day on Wednesday as a moderate pick up on US Treasury yields and higher Oil prices support a mild US Dollar (USD) recovery from Tuesday’s lows.
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $57.34 per troy ounce, down 1.14% from the $58.00 it cost on Tuesday.
Silver price (XAG/USD) is down 1.1% to near $57.40 during the European trading session on Wednesday. The white metal faces selling pressure as higher oil prices have prompted fears of elevated global inflation.
Crude prices are reversing earlier losses on Wednesday, buoyed by rising concerns about supply disruptions as attacks in the Strait of Hormuz increase and Saudi Arabian Oilfields remain under threat.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers during the Asian session on Wednesday, though it struggles to capitalize on the momentum beyond the $99.00 mark.
Silver (XAG/USD) slides below mid-$57.00s during the Asian session on Wednesday, retreating further from the weekly top, around the $58.60 area, touched the previous day.
West Texas Intermediate (WTI) oil price appreciates after two days of losses, trading around $98.60 during Asian hours on Wednesday. Crude oil prices gained ground as traders assessed mixed reports regarding diplomatic progress between the United States and Iran.
Iran's Foreign Minister Abbas Araghchi said that indirect negotiations with the United States (US) are continuing through intermediary countries, including Pakistan and Qatar, Reuters reported on Tuesday.
Gold price (XAU/USD) edges lower to near $4,120 during the early Asian session on Wednesday. The precious metal extends its decline as elevated oil prices raise concerns about persistent US inflation and the prospect that the Federal Reserve (Fed) could keep interest rates higher for longer.
Gold (XAU/USD) drifts lower on Tuesday even as US Treasury yields dive and the US Dollar weakens, with a light US economic docket mostly ignored by investors ahead of Federal Reserve’s (Fed) meeting next week. At the time of writing, XAU/USD trades at $4,122, down over 0.43%.
Silver (XAG/USD) rebounds on Tuesday, trading around $57.90 at the time of writing, up 1.35% on the day.
West Texas Intermediate (WTI) US Oil falls sharply on Tuesday, trading around $95.70 at the time of writing, down 2.36% on the day. The Crude Oil retreats after reaching a one-month high above $100 earlier in the day.
Gold (XAU/USD) drifts lower on Tuesday, extending losses for a third consecutive day as rising Oil prices linked to tensions in the Middle East keep global inflation risks tilted to the upside, reinforcing expectations that interest rates will remain higher for longer.
West Texas Intermediate (WTI), futures on NYMEX, trades 2.5% higher to near $100.50, the highest level seen in over a month. The oil price is little far from revisiting its almost five-month high of $102.11.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $57.20 per troy ounce, up 0.19% from the $57.09 it cost on Monday.
Silver price (XAG/USD) trades 0.35% higher at around $57.30 during the European trading session on Tuesday. The white metal rises as United States (USD) Treasury Yields come under pressure after a sharp upside move the previous day.
ING strategists Warren Patterson and Ewa Manthey note that Oil and ICE Brent prices remain firmly supported around $110/bbl as markets focus on Middle Eastern supply risks. They highlight a significant risk premium driven by geopolitical volatility and record tanker freight rates.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $99.15 during the early European trading hours on Tuesday.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) oil price gains ground after registering modest loses in previous day, trading around $98.40 per barrel during Asian hours on Tuesday.
The US President Donald Trump administration has not approved the transfer of interceptor missiles to Ukraine, the Washington Post reported on Monday.
Gold price (XAU/USD) falls to around $4,135 during the early Asian session on Tuesday. The precious metal extends its downside as US bond yields stayed elevated despite falling energy prices.
Silver price (XAG/USD) drifts higher during Monday’s North American session, up 0.38%, exchanging hands at $57.21, yet it remains near last week's low of $55.38, an indication that the white metal could be poised for a bearish continuation in the near term.
Gold (XAU/USD) falls about 0.54% on Monday as the Greenback drifts higher and market mood shifts to neutral amid tensions in the Middle East, sparking a risein Oil prices, with West Texas Intermediate (WTI) bouncing off daily lows beneath $97 to $99.30.
Unconfirmed reports of new US strikes on Iran have turned WTI higher on the session, and it's on track for an eighth straight gain. It has climbed from a session low just above $96.50 to just above $99.00, its highest since September 16.
Silver (XAG/USD) trades around $57.20 on Monday, gaining 0.34% on the day at the time of writing.