Silver Price Forecast: Sitting on Key Support Zone – FX Empire
Bearish below 30.29 A breakdown will occur if the price falls below last week's low of 30.29. If this happens, it will break below the trend line and cause a decline below last week's lows. It should be emphasized that last week's candlestick pattern was a bearish shooting star. It may not have been in […]
Gold (XAU) Silver (XAG) Daily Forecast: Safe-Haven Demand Drives Gold Stability – FX Empire
Gold rises as investors focus on Fed decision Gold is recovering from recent losses and regaining momentum as investors hedge against global uncertainty. The metal's safe-haven appeal is further strengthened by geopolitical tensions, including concerns about escalating conflict and potential disruption in key regions. Nevertheless, the Fed's cautious stance on future rate cuts is limiting […]
Gold Forecast for 2025: Target Exceeds $3000 Amid Trump, Inflation, and Geopolitical Shifts – FX Empire
The chart above shows that the gold market broke out of a strong cup and handle pattern in 2024. This breakout took place after the bullish technical formation of the past few decades. The breakout in 2024 started a significant rally. The all-important breakout level was $2,075, and above this level opened the door to […]
Isak Andic, founder of fashion empire Mango, dead at 71 after falling off cliff during hike: police
Isak Andic, founder and owner of fashion empire Mango, died in a mountain accident on Saturday, police said. He was 71 years old. The businessman was hiking with relatives in the Montserrat caves near Barcelona when he slipped and fell more than 100 meters off a cliff, a police spokesman said. “His departure leaves a […]
Gold (XAU) Price Forecast: Rally or Pullback? Fed’s Rate Cut Outlook Holds the Key – FX Empire
Chairman Jerome Powell's post-meeting remarks and updated economic forecasts will be important. If the Fed only cuts rates modestly in 2025, gold's appeal could face headwinds as the opportunity cost of holding non-yielding assets becomes higher. Conversely, with multiple rate cuts expected, any signs of dovishness could reignite bullish momentum. Featured inflation and PCE data […]
Mangione Family Nursing Home Empire Faced Abuse, Health Violations
Two reports from the Department of Health and Human Services (HHS) allege abuse and health violations at several Maryland nursing homes run by Luigi Mangione's family. Reports from HHS in April and July showed that staff and geriatric nursing assistants (GNAs) at Lorient Nursing and Rehabilitation Centers in Bel Air and Columbia faced The report […]
Luigi Mangione’s family operated nursing home empire that was cited for abuse and health violations
Murder suspect Luigi Mangione may have targeted UnitedHealthcare CEO Brian Thompson over his hatred of the company's policies, but the Department of Health and Human Services (HSS) says the suspect himself His family reportedly made a fortune in a nursing home network rife with violations and complaints. . UnitedHealthcare CEO murder suspect Luigi Mangione comes […]
Gold (XAU) Silver (XAG) Daily Forecast: Inflation Data Drives Safe-Haven Demand – FX Empire
Silver falls despite gold's resilience Silver (XAG/USD) struggled to keep pace with gold, trading around $30.96 after hitting an intraday low of $30.87. While geopolitical tensions and expectations for Fed rate cuts supported gold, silver remained more sensitive to changes in economic sentiment and market risk appetite, which contributed to the weak performance. Rising U.S. […]
Gold (XAU) Silver (XAG) Daily News: Fed Rate Cuts and Inflation Boost Precious Metals – FX Empire
U.S. Treasury yields rose to their highest level in two weeks, signaling market expectations for inflationary pressure from fiscal policy. Despite gold's appeal as a hedge, its performance remains under pressure from rising bond yields and the dollar's recent monthly high. Silver outperforms gold due to demand for safe haven Silver (XAG/USD) is gaining momentum […]
Gold (XAU) Silver (XAG) Daily Forecast: CPI Data and Dollar Rally Shape Precious Metals’ Short-Term Outlook – FX Empire
Despite the decline, gold remains a popular safe-haven asset amid geopolitical tensions. Conflicts in Eastern Europe and the Middle East, combined with concerns about U.S. trade policy under President-elect Donald Trump, continue to sustain its appeal during uncertain times. Silver reflects gold's decline amid dollar rally Silver price (XAG/USD) followed a similar path, trading at […]