Gold prices hit 1-mth high after soft CPI data dents dollar – Investing.com
Investing.com — Gold prices hit a one-month high in Asian trade on Thursday as slightly softer consumer inflation data boosted hopes for lower interest rates this year, tracking declines in the dollar and U.S. Treasury yields. rose to The yellow metal has now topped $2,700 an ounce for the first time since early December, as […]
Gold Prices Surge to One-Month High Amid Renewed Hopes of Rate Cuts – Emirates 24|7
Gold prices firmed on Thursday after hitting a one-month high, helped by softer US inflation data that reignited hopes for interest rate cuts. However, a ceasefire agreement between Israel and Hamas limited further gains. Market highlights: Spot gold: After reaching its highest since Dec. 12 in early trading, it was stable at $2,696.30 […]
Gold rallies amid US yields plunge fueled by signs of lower core prices – FXStreet
Gold extended its gains as US core inflation was better than expected, causing US Treasury yields to fall. Traders now expect the Fed could cut rates by 40 basis points by the end of 2025, adjusting market expectations. Potential tariffs by the incoming Trump administration could counter disinflationary trends and impact gold's trajectory. Gold rose […]
Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark a Bullish Breakout? – FX Empire
Silver faces headwinds from hawkish Fed expectations Silver (XAG/USD) is trading around $29.84 after hitting an intraday low of $29.74. Like gold, silver is also under pressure from softer US inflation data and strong US employment data. Expectations of rising U.S. Treasury yields and tight monetary policy from the Federal Reserve continue to reduce silver's […]
Gold Star families devastated by Biden’s botched Afghanistan withdrawal endorse Hegseth for SecDef
Families who lost loved ones during the disastrous 2021 withdrawal from Afghanistan are supporting Secretary of Defense candidate Pete Hegseth. Hegseth, who was nominated by President Trump to head the Pentagon, was questioned by the Senate Armed Services Committee during his confirmation hearing on Tuesday, where he was questioned for more than four hours by […]
Gold (XAU) Silver (XAG) Daily Forecast: U.S. Inflation Data Looms, Pivot Levels Hold Strong – FX Empire
Friday's solid US non-farm payrolls (NFP) report strengthened expectations for a narrower rate cut, provided support for the US dollar (USD) and kept bond yields stable. As a result, gold faces limited upside, but remains attractive as a safe haven amid fluctuating economic indicators. Silver follows gold’s rise even as yields fall Silver (XAG/USD) mirrored […]
Gold price in India: Rates on January 14 – FXStreet
Gold prices rose in India on Tuesday, according to data compiled by FXStreet. Gold price rose to INR 7,428.31 per gram compared to INR 7,407.06 on Monday. Gold price rose to Rs 86,642.36 per tola from Rs 86,394.44 per tola the previous day. unit measurement Gold price in INR 1 gram 7,428.31 10 grams 74,283.11 […]
Gold prices edge higher amid speculation over rates, Trump tariffs – Investing.com
Investing.com — Gold prices rose slightly in Asian trade on Tuesday, stabilizing after overnight losses as traders speculated on how tough trade tariffs President-elect Donald Trump plans will be. did. Markets are also awaiting further clues on US interest rates from key inflation data released this week, with the dollar hovering near a two-year high […]
Gold market analysis for January 13 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff He has been involved in the stock, financial and commodity markets for over 25 years. He was a financial journalist for the FWN Newswire Service for many years, including stints as a reporter on the rough-and-tumble commodity futures exchanges in Chicago and New York. As a journalist, he has covered every futures market […]
Gold (XAU) Silver (XAG) Daily Forecast: Can Gold Stay Above $2,677 Pivot Amid Rising Treasury Yields? – FX Empire
Those strong numbers supported the dollar, which is hovering near two-year highs, and pushed up U.S. Treasury yields. As a result, non-yielding assets like gold are less attractive to investors. Despite these pressures, uncertainty surrounding the US economic outlook and global geopolitical tensions have not diminished gold's appeal as a safe-haven asset. Silver falls on […]