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Silver Price Forecast: XAG/USD plummets over 3% below $28.00
The Silver price plunged late in the North American session, down over 3%, and traded at $27.89 after reaching a high of $29.11.
Gold retreats from near record high as Fed rate cut speculation grows
Gold retreated after failing to test the all-time high of $2,531 and diving more than 0.80% late in the North American session.
Gold positioning is extreme - TDS
Markets are now pricing in a coin flip on a 50bp or 25bp cut by the US Federal Reserve (Fed), but more than 175bps of cuts by March has already attracted massive positions into Gold.
Base Metals: All eyes on China, rather than the US - Commerzbank
The Chinese data to be released over the next two weeks is likely to be decisive for base metals, Commerzbank commodity strategist Barbara Lambrecht notes.
ETFs show continued interest in Gold - Commerzbank
The price of Gold climbed back above the $2,500 per troy ounce mark, trading just below its record high, Commerzbank commodity strategist Barbara Lambrecht notes.
Gold extends recovery after weak US private payrolls data
Gold (XAU/USD) trades back inside familiar territory, exchanging hands in the $2,510s on Friday after extending its rebound following the release of more weak jobs' data from the US on Thursday, this time in the form of private payrolls data, which grew at a slower pace than expected.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data.
Silver Price Forecast: XAG/USD rises to near $29.00 due to dovish Fedspeak
Silver price (XAG/USD) extends gains for the third successive day, trading around $28.90 per troy ounce during the early European hours on Friday.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD consolidates below $29.00/100-period SMA ahead of NFP
Silver (XAG/USD) oscillates in a narrow trading band, around the $28.80 region during the Asian session on Friday and remains below the weekly top touched the previous day.
Gold price bulls turn cautious near $2,525 hurdle, ahead of US NFP report
Gold price (XAU/USD) climbed closer to the $2,524-2,525 supply zone on Thursday amid some follow-through US Dollar (USD) selling, led by bets for a larger interest rate cut by the Federal Reserve (Fed) later this month.
Gold price soars past $2,500 as traders increase bets on Fed rate cuts
Gold prices rallied sharply during the North American session, above the $2,500 figure on Thursday, yet remain shy of their daily peak of $2,523 as traders booked profits ahead of first-tier United States (US) data.
Platinum prices now already printed their local lows - TDS
Signs of extreme upside asymmetry are playing out in Platinum markets, TDS Senior Commodity Strategist Daniel Ghali notes.
Gold: Positioning dynamics is at extreme levels - TDS
Gold is trading near all-time highs, awaiting the NFP release just weeks ahead of the highly-anticipated start of a rate cutting cycle, TDS Senior Commodity Strategist Daniel Ghali notes.
Silver Price Forecast: XAG/USD rallies to near $29 as Fed deeper rate cut bets swell
Silver price (XAG/USD) delivers a vertical upside move to near $29.00 in Thursday's North American session.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Base metals: Sizeable risk to both the up and downside - NAB
From their speculative peak in May, base metal prices fell sharply until early August, with the LME index falling by 18.7% peak-to-trough, with Nickel and Copper recording the largest falls, NAB commodity strategists note.
Gold looks supported by demand from central banks, market turbulence - NAB
The spot price of Gold resumed its upward momentum in late July (following a brief retreat from then record highs earlier in the month), pushing above $2500 per troy ounce for the first time in mid-August and remaining above this mark at the end of the month, NAB commodity strategists note.
Silver Price Forecast: XAG/USD rises to near $28.50 amid rising bets of Fed rate cuts
Silver price (XAG/USD) continues to gain ground for the second successive session, trading around $28.40 per troy ounce during Thursday's European hours.
Gold recovers back above $2,500 after US job's data
Gold (XAU/USD) trades back above $2,500 on Thursday after rebounding from the $2,471 previous day's lows, following the release of lower-than-expected job openings data in July from the US, which stoked fresh hard-landing fears.
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