Gold (XAU/USD) trims some of its earlier losses on Thursday as traders book profits following the Federal Reserve’s (Fed) monetary policy decision, which barely moved the needle as the yellow metal seems poised to record its best month since the 1980s.
Gold (XAU/USD) plummets more than 3% on Thursday amid the lack of a catalyst that has pushed Silver’s down, cooper prices retreating, and six of the Mag 7 equities getting hammered during the North American session. XAU/USD trades at $5266 after reaching a record high near $5,600.
West Texas Intermediate (WTI) Crude Oil extends its advance on Thursday, climbing to its highest level in four months as geopolitical risk premiums linked to rising US-Iran tensions underpin prices.
Silver (XAG/USD) is retreating sharply and trades around $109.40 on Thursday at the time of writing, posting a 6.50% decline on the day, after reaching a fresh all-time high at $121.66.
Brent crude has surpassed $70 per barrel for the first time since September, driven by rising tensions with Iran and broader geopolitical risks.
Another day, another all-time high for Gold (XAU/USD), which has been breaking records for nine consecutive days, showing a dizzying 20% rally in less than two weeks. The pair remains bid on Thursday, as the US Dollar seems unable to perform any significant recovery.
Gold (XAU/USD) adds another leg to its relentless rally on Thursday, building on the previous day’s solid gains of 3.87% as increased volatility and ongoing safe-haven demand continue to drive strong inflows into Bullion.
Gold prices surged to an all-time high above $5,500/oz, driven by US dollar weakness and expectations of further monetary easing from the Federal Reserve. The precious metal extended its rally, marking significant gains in recent sessions, notes UOB Global Economics & Markets Research.
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $116.51 per troy ounce, broadly unchanged 0.04% from the $116.47 it cost on Wednesday.
Deutsche Bank's report notes that Brent Oil prices have increased due to rising geopolitical tensions, particularly concerning Iran. The report mentions that Brent is trading at its highest since late-September, with a notable rise of 1.23% and further gains observed in the following morning.
West Texas Intermediate (WTI) Oil prices extends its gains for the third successive session, trading around $64.00 per barrel during the early European hours on Thursday.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.60 during the Asian trading hours on Thursday. The WTI price rises to its highest since late September as crude oil inventories drop and geopolitical tensions in Iran escalate.
Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).
Gold price retreats during the North American session as the Federal Reserve keeps rates steady while also revealed that the labor market stabilized, which warrants maintaining the Fed funds rate higher for longer.
Gold price (XAU/USD) rallies and refreshes all-time highs past the $5,300 figure on Wednesday, following the Greenback’s fall on Tuesday as US President Donald Trump said the value of the Dollar was "great" when asked in Iowa. XAU/USD trades at around $5,290, up more than 2%.
Bob Savage, BNY's Head of Markets Macro Strategy, notes that Oil and gasoline inventories are crucial as the market anticipates potential price breakouts. U.S. Secretary of State Marco Rubio's warning to Venezuela adds to the geopolitical risks surrounding Oil.
Silver (XAG/USD) trades around $114 on Wednesday at the time of writing, up about 1.80% on the day.
OCBC Bank has revised its Gold forecasts higher to USD5,600/oz by end-2026, up from USD4,800/oz, reflecting recent price increases and persistent structural demand.
Gold (XAU/USD) is trading higher for the eighth consecutive day on Wednesday. The precious metal, however, has pulled back from all-time highs at $5,311 in the European session, returning to the mid-$5,200s as investors take positions ahead of the US Federal Reserve’s monetary policy decision.
Gold (XAU/USD) pushes deeper into uncharted territory on Wednesday, extending its gains for eight consecutive days as safe-haven demand and a softer US Dollar (USD) fuel the ongoing rally.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $112.28 per troy ounce, up 0.17% from the $112.08 it cost on Tuesday.
West Texas Intermediate (WTI) Oil price depreciates after registering 2.86% gains in the previous session, trading around $62.40 per barrel during the European hours on Wednesday. WTI price hit a four-month high of $62.85 at earlier hours, driven by supply risks persisting.
Silver price (XAG/USD) continues its winning streak for the fifth consecutive session, trading around $115.10 per troy ounce during the early European hours on Wednesday. Safe-haven silver rises toward its January 26 record high of $117.74 as investors shifted into defensive assets.
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 $62.65 during the Asian trading hours on Wednesday. The WTI price edges higher amid concerns over US production losses brought on by the winter storm.
Gold price (XAU/USD) rises to near a fresh record high around $5,160 during the early Asian session on Wednesday. The precious metal extends its upside amid a weaker US Dollar (USD), ongoing geopolitical tensions and economic uncertainty.
Gold (XAU/USD) rallies for the seventh consecutive day, up by more than 0.60% on Tuesday, sponsored by increasing geopolitical tensions sparked by the trade war and threats of a possible intervention in the FX space to boost the Japanese Yen.