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Gold advances as shutdown looms, weak US data fuels rate cut bets
Gold climbs during the North American session on Tuesday yet remains below the record high hit in the Asian session of $3,871. Amid fears of a US government shutdown, jobs data reaffirmed expectations of rate cuts by the Federal Reserve (Fed). XAU/USD trades at $3,846, up 0.35%.
Platinum is the outperformer of recent days - Commerzbank
However, Platinum has recorded by far the strongest gains in recent days: since the beginning of last week, the price has risen by around $200 or around 16%, Commerzbank's commodity analyst Barbara Lambrecht notes.
Gold hits record high on US shutdown fears - Commerzbank
Gold surged to a new all-time high above USD 3,850 per troy ounce, fueled by safe-haven demand amid looming US government shutdown concerns and continued ETF inflows, particularly from North American investors, Commerzbank's commodity analyst Barbara Lambrecht notes.
Gold slips from all-time high but holds firm amid safe haven demand
Gold (XAU/USD) hits pause on its historic run on Tuesday after briefly climbing to a fresh all-time high near $3,871 earlier in the day as heavy selling pressure set in during the European session.
Silver Price Forecast: XAG/USD rejected at $47.00, hits levels below $46.00
Silver (XAG/USD) has snapped a three-day rally on Tuesday, as the pair failed to consolidate at levels beyond $47.00, and retreated to session lows below $45.80, before returning to levels right above the $46.00 line
USD under pressure on shutdown risk - BBH
A possible US government shutdown first thing Wednesday morning is keeping USD under downside pressure, supporting Treasuries and driving gold prices to new highs. The logic is that a government shutdown could lead to a more dovish Fed. If a shutdown is brief, the Fed will ignore it.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Gold breaks above $3,800 for the first time - ING
Gold rose above $3,800/oz for the very first time. Silver also surged to its highest level since May 2011 yesterday, ING's commodity experts Ewa Manthey and Warren Patterson note.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold extends rally amid geopolitical risks and Fed rate cut bets; fresh record high and counting
Gold (XAU/USD) continues scaling new record highs during the Asian session on Tuesday and climbs beyond the $3,250 level amid a supportive fundamental backdrop.
Silver Price Forecast: XAG/USD trades below $47.00, near its highest level since May 2011
Silver (XAG/USD) remains confined in a range near its highest level since May 2011, touched the previous day, and trades just below the $47.00 mark during the Asian session on Tuesday.
Gold surges near $3,830 as US government shutdown fears spurs haven demand
Gold price advances close to 2% on Monday and trades near record highs of $3,833 as market participants seeking safety bought the yellow metal amid fears of a government shutdown in the United States. XAU/USD trades at $3,827 at the time of writing.
Gold rallies to record highs above $3,800 on US Dollar weakness and shutdown risk
Gold (XAU/USD) shines bright at the start of the new week, climbing past $3,800 for the first time and reaching a fresh record high. At the time of writing, XAU/USD is trading near $3,825, up around 1.70% on the day, extending its record-breaking rally into a seventh straight week.
USD softer, Gold makes new record high - Scotiabank
The US Dollar (USD) is tracking lower overall against the major currencies as last week's bid tone fades and traders look ahead to this week's risk events, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Gold Price Forecast: XAU/USD rallies to $3,820 amid a potential US government shutdown
Gold is trading above $3,800, after hitting fresh all-time highs at $3,819 on Monday's European session, with precious metals thriving and the US Dollar tumbling as investors brace for a potential shutdown of the US government on Wednesday.Trump is expected to meet bipartisan congressional leaders l
Silver Price Forecast: XAG/USD rallies to $47.00 with US Government shutdown looming
Silver (XAG/USD) continues to rise on Monday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD holds gains above $46.50 due to Fed rate cut bets
Silver price (XAG/USD) is trading around new 14-year high of $46.64, marked during the Asian hours on Monday. The non-interest-bearing Silver attracts buyers as the US August inflation report boosts the odds of the US Federal Reserve (Fed) delivering another interest rate cut in October.
Gold Price Forecast: XAU/USD extends upside above $3,750 as Fed rate cut hopes intact
Gold price (XAU/USD) extends the rally to around $3,770 during the early Asian session on Monday. The precious metal edges higher after the US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year.
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