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Silver Price Forecast: XAG/USD steadies near $36.60 up over 1.80% weekly
Silver price turns flat as Friday's Asian session begins, trades near $36.60, virtually unchanged, compared to Thursday's June 26 daily close. The XAG/USD appears poised to close the week with gains of over 1.80%.
Gold price stalls at $3,331 despite weak Dollar, strong US data caps gains
Gold price retreats on Thursday during the North American session, failing to gain traction amid a session characterized by a weak US Dollar, which is testing levels last seen in February 2022. The XAU/USD trades at $3,331 and prints modest losses of 0.05%.
Copper inventories are nearing critically low levels - TDS
Copper must make its way into the LME to prevent legitimate fears of a stock-out, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold's silently repricing the US Dollar - TDS
The US Dollar (USD) is partly losing its store-of-value function -- a macro theme that has already occurred many times through history. Gold is capturing a portion of that store-of-value function, TDS' Senior Commodity Strategist Daniel Ghali notes.
XAG/USD consolidates above 21-day EMA as momentum fades
Silver (XAG/USD) is navigating a choppy session on Thursday, reversing course during the early American trading hours after drifting modestly higher through the day.
Gold benefits from a weaker US Dollar as pressure over Fed rate cuts builds
Gold is regaining confidence on Thursday as the poor performance of the US Dollar (USD) becomes the dominant driver of price action.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Gold Price Forecast: XAU/USD is on a bullish correction targeting the $3.365 area
Gold's rebound from Tuesday's lows suggests that there is a strong support area at the $3,290-$3.300. The precious metal is trimming previous losses on Thursday, buoyed by a more favourable context, with US Treasury yields and the US Dollar tumbling.
Silver Price Forecast: XAG/USD moves below $36.50, targets nine-day EMA support
Silver price (XAG/USD) edges lower after registering nearly 1% in the previous day, trading around $36.40 per troy ounce during the early European hours on Thursday.
Silver Price Forecast: XAG/USD edges higher above $36.00 on softer US Dollar, rising demand
The Silver price (XAG/USD) attracts some buyers to around $36.35 during the early European session on Thursday, bolstered by a weaker US Dollar (USD). Traders will take more cues from the final US Q1 GDP Growth Rate and Fedspeak later on Thursday.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
Gold price edges higher as USD sinks to over three-year low on Fed independence fears
Gold price (XAU/USD) is trading with a mild positive bias for the second consecutive day on Thursday, albeit lacking follow-through amid mixed fundamental cues.
Silver Price Forecast: XAG/USD climbs above $36.00 on weak US Dollar
Silver price advances by nearly 1% on Wednesday, as the US Dollar depreciates due to month-end flows, along with expectations of falling US Treasury yields. At the time of writing, XAG/USD trades at $36.25, after bouncing off daily lows of $35.68.
Gold steadies at $3,334 as Powell sticks to hawkish stance, US data weakens
Gold prices remain steady during the North American session on Wednesday, rising over 0.30% as risk appetite improves due to the de-escalation and truce of the Israel-Iran conflict. Worse-than-expected housing data in the United States (US) could lead to actions by the Federal Reserve (Fed).
Silver Price Forecast: XAG/USD tests rising channel support, momentum indicators flash caution
Silver (XAG/USD) is showing muted price action on Wednesday, slipping modestly lower but staying within Tuesday's range. At the time of writing, the metal is trading around $35.75 during the American session, down roughly 0.46% on the day.
Gold holds steady as risk sentiment improves, Fed's Powell back in focus
Gold (XAU/USD) is trading within a tight range on Wednesday, as markets continue to show signs of optimism following Tuesday's ceasefire between Israel and Iran.
Gold Price Forecast: XAU/USD stays below 20-day EMA on broader risk-on rally
Gold price (XAU/USD) consolidates around $3,325 during European trading hours on Wednesday.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
Gold prices fall after the Iran-Israel ceasefire - ING
In precious metals, Gold prices fell yesterday by more than 1% to $3,324/oz as both Israel and Iran reportedly upheld the ceasefire agreement after some earlier confusion and the intervention of the US president, ING's commodity experts Ewa Manthey and Warren Patterson note.
LME Copper squeeze - ING
Copper continues to rise on the LME for a fourth day as tight supply remains in focus. , ING's commodity experts Ewa Manthey and Warren Patterson note.
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