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Gold price sits near its highest level since April 22 amid fears of wider Middle East war
Gold price (XAU/USD) continues scaling higher for the third consecutive day on Friday, rising to the $3,444 area, or its highest level since April 22 during the Asian session amid the global flight to safety.
Iran Armed Forces: Israel and the US will "pay a very heavy price"
Iran's Armed Forces General staff responded on Friday, warning that Israel and the US will "pay a very heavy price".
Silver Price Forecast: XAG/USD bounces back above $36.00 as the Dollar plunges
Silver price bounces off five-day lows of $35.46 and climbs past the $36.00 mark on Thursday as the Greenback gets battered, falling to nearly three-year lows. At the time of writing, the XAG/USD trades at $36.30, registering modest gains of 0.25% on Thursday, late in the North American session.
Gold rallies to $3,400 as Middle East tensions and weak US data spur dovish bets on Fed
Gold price rallies for the second straight day, shy of testing the $3,400 figure following the release of softer inflation and jobs data in the United States (US) as geopolitical tensions grow in the Middle East. The XAU/USD trades at $3,386 at the time of writing.
Gold surges as Israel-Iran tensions, renewed tariffs threats support haven flows
Gold (XAU/USD) has emerged as a key beneficiary of US Dollar (USD) weakness, a theme that is expected to drive prices on Thursday.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver Price Forecast: XAG/USD corrects further to near $35.50 despite escalating Middle East woes
Silver price (XAG/USD) extends its correction for the third trading day, slides almost 1.5% to near $35.50 during European trading hours on Thursday. The white metal retraces after failing to extend its over-decade high of $36.90 posted on Monday.
Gold price refreshes weekly top amid the global flight to safety, weaker USD
Gold price (XAU/USD) attracts some follow-through buyers for the second straight day and climbs to a one-week high, around the $3,377-3,378 region during the Asian session on Thursday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD rises above $36.30 amid heightened Middle East geopolitical tensions
The Silver price (XAG/USD) attracts some buyers to around $36.30, snapping the two-day losing streak during the Asian trading hours on Thursday. The weaker US Dollar (USD) and escalating geopolitical tensions in the Middle East provide some support to the white metal.
Gold overtakes Euro as global reserve asset as central banks buy - Bloomberg
Gold has overtaken the Euro (EUR) as the second-largest asset in the reserves of the world's central banks, driven by record purchases and rising prices, according to the European Central Bank (ECB).
Silver Price Forecast: XAG/USD stumbles below $36.50 despite softer US CPI
Silver price reverses course on Wednesday as the North American session ends, edging down 0.87%. Even though US inflation dipped in May, which would have warranted rate cuts by the Federal Reserve (Fed) and driven the US dollar lower, it failed to underpin the grey metal. XAG/USD trades at $36.21.
Gold price rises on soft US CPI, traders price in Fed rate cuts
Gold prices posted modest gains of over 0.22% on Wednesday as the latest inflation report in the United States (US) revealed that prices are cooling. Hence, investors increased their bets that the Federal Reserve (Fed) would resume its easing cycle in September. The XAU/USD trades at $3,327.
China's Copper ore imports are falling from record highs - Commerzbank
China's export growth slowed more sharply than most analysts had expected in May. Apparently, the 90-day moratorium on most tariffs has not been as effective as anticipated, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold faces short-term selling - TDS
Despite mounting short-term pressure in Gold futures, algorithmic traders may only briefly trim positions before re-accumulating, with broader participation metrics suggesting a potential local bottom in prices, analysts say, TDS' Senior Commodity Strategist Daniel Ghali notes.
Silver slips as price retreats from overbought territory on easing US-China trade talks
Silver prices are easing on Wednesday, retreating from multi-year highs as bullish momentum fades and traders lock in profits.
Gold edges higher ahead of US CPI inflation
Gold (XAU/USD) is trading higher during the European session on Wednesday as investors adopt a cautious stance ahead of key US inflation data. The precious metal gains modest ground, hovering above $3,330 at the time of writing.
Platinum price rises to 4-year high - Commerzbank
The price of Platinum continued to soar at the start of the new trading week and broke through the $1,200 per troy ounce mark for the first time in four years on Monday, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold Price Forecast: XAU/USD resistance at $3,345 is holding bulls for now
Gold (XAU/USD) is trading higher on Wednesday following some hesitation on Tuesday.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
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