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Silver Price Forecast: XAG/USD plunges to near $41.70 ahead of Fed's monetary policy outcome
Silver price (XAG/USD) is down almost 2% to near $41.70 during the European trading session on Wednesday. The white metal dives swiftly ahead of the Federal Reserve's (Fed) monetary policy announcement at 18:00 GMT.
Forex Today: The calm before the BoC and Fed storm
Here is what you need to know on Wednesday, September 17:
Gold pulls back from record highs as USD recovers ahead of Fed decision
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.
Silver Price Forecast: XAG/USD slumps to near $42.00, investors brace for Fed rate decision
The Silver price (XAG/USD) tumbles to around $42.05 during the Asian trading hours on Wednesday. The white metal retreats from a 14-year high of nearly $42.80 amid some profit-taking. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday for fresh impetus.
Gold Price Forecast: XAU/USD edges higher to near $3,700 as Fed rate decision looms
The Gold price (XAU/USD) gains ground to around $3,695 during the early Asian session on Wednesday. The precious metal edges higher amid a weak US Dollar (USD) and growing expectations for multiple rate cuts by the Federal Reserve (Fed). All eyes will be on the Fed rate decision later on Wednesday.
Gold Price Forecast: XAU/USD approaches $3,700 on Dollar's weakness
Gold appreciated for the third consecutive day on Tuesday as the US dollar tanked amid hopes of a dovish turn by the Fed on Wednesday. The US Dollar Index has dropped to fresh two-month lows, which buoys the precious metal to fresh record highs right below $3,700.
Gold hits record high of 3,703 ahead of Fed decision
Gold price advances during the North American session after hitting a record high of $3,703 on Tuesday, poised to continue to trend up as traders await the Federal Reserve's (Fed) monetary policy decision on Wednesday. At the time of writing, XAU/USD trades at $3,689, up 0.27%.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Tuesday, according to FXStreet data.
Breaking: Gold hits new record-high above $3,700
Gold extended its rally in the second half of the day on Tuesday and reached a new record-high above $3,700.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold approaches $3,700 as weak US Dollar, Fed rate cut bets drive rally
Gold (XAU/USD) extends its record-breaking rally on Tuesday, trading just shy of the $3,700 psychological level.
Silver price hits new 14-year high - Commerzbank
The price of Silver is also soaring. This morning, it reached a new 14-year high of nearly $42.8 per troy ounce, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold approaches $3,700/oz - ING
Gold extended its rally to another fresh record high while Copper prices jumped to their highest level since June 2024, as market participants geared up for a potential easing of US Federal Reserve policy and wait for further rate cut signals this year, ING's commodity experts Ewa Manthey and Warren
Silver Price Forecast: XAG/USD is pushing against $42.75 highs amid US Dollar's weakness
Silver's (XAG/USD) is trying to break all-time highs at $42.75 on Tuesday's Early European session, favoured by broad-based US Dollar weakness, as the market braces for a "dovish cut" at the end of a two-day Fed monetary policy meeting on Wednesday.Precious metals have been thriving in recent days w
Silver Price Forecast: XAG/USD consolidates above $42.50, highest since September 2011
Silver (XAG/USD) enters a bullish consolidation phase near its highest level since September 2011 and oscillates in a range, just above mid-$42.00s during the Asian session on Tuesday.
Gold sits near record high as Fed rate cut bets keep USD depressed
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
Gold soars to $3,682 record as Fed week sparks easing bets
Gold prices on Monday rallied past the previous record high of $3,674, hitting $3,682 and poised to challenge the $3,700 level in the near term. Traders are setting up for the Federal Open Market Committee's (FOMC)monetary policy meeting on September 16-17.
Silver Price Forecast: Bulls extend control as silver trades at multi-year highs
Silver (XAG/USD) continues its rally on Monday, building on last week's strong momentum to notch a fourth consecutive daily gain.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Monday, according to data compiled by FXStreet.
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