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Gold price steadies near $3,300 after Fed flags stagflation risks in May minutes
Gold prices recovered some ground on Wednesday as the Federal Reserve revealed in the May 6-7 minutes that they see rising inflation and unemployment risks increasing due to the trade war. At the time of writing, XAU/USD is trading at $3,300, virtually unchanged.
Gold slips below $3,300 on US Dollar strength as traders await Fed Minutes
Gold price extended its losses during the North American session on Wednesday after hitting a daily high of $3,325 earlier in the day as market sentiment shifted sour. Nevertheless, sellers stepped in, driving the yellow metal prices below $3,300, resulting in a solid 0.18% decline.
CTA buying set to ignite next Gold rally - TDS
CTAs will buy Gold in any scenario for prices over the coming week, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold Price Forecast: XAU/USD recovers above $3,300 with pressure building within a bull flag
Gold prices are threatening key technical layers of support on Wednesday, with Bullion searching for a fresh catalyst to drive prices out of the confines of the bull flag pattern.
Gold recovers while investors remain confident over swift progress in EU-US trade talks
Gold price (XAU/USD) attracts bids and rises to near $3,320 during European trading hours on Wednesday, following an over 1% sell-off the previous day.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver Price Forecast: XAG/USD rebound stalls above $33.00, keeps moving in range
Silver prices (XAG/USD) are posting moderate losses on Wednesday, weighed by the upbeat market sentiment, which is undermining demand for safe assets, and a firmer US Dollar.The Greenback is trading higher across the board, on the back of easing trade tensions, after Trump's decision to delay tariff
Gold price seems vulnerable below $3,300 amid modest USD strength
Gold price (XAU/USD) struggles to capitalize on a modest Asian session uptick and currently trades just below the $3,300 mark, close to the weekly low touched the previous day.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD posts gains near $33.50 after losing over half a percent
Silver price (XAG/USD) recovers its recent losses registered in the previous session, trading around $33.30 per troy ounce during the Asian hours on Wednesday. However, the precious metals, including Silver, faced selling pressure amid a strengthening US Dollar (USD).
Silver Price Forecast: XAG/USD slips but clings above $33.00
Silver price falls some 0.70% on Tuesday, yet it has trimmed some of its earlier losses that pushed the grey's metal below $33.00 to hit a two-day low of $32.77. At the time of writing, the XAG/USD trades at $33.29, remains down in the day.
Gold price plunges almost 2% on risk rally spurred by tariff delay
Gold prices posted losses of nearly 2%, falling below the $3,300 figure, as market participants cheered US President Donald Trump's decision to delay tariffs on European Union goods.
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