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 sticks to intraday gains; lacks bullish conviction amid elevated US bond yields – FXStreet
Gold prices are struggling to capitalize on modest intraday gains amid mixed fundamental indicators. Expectations that the Fed will ease its dovish stance and rising US Treasury yields are capping the rise in XAU/USD. Geopolitical risks, trade war concerns and expectations for Fed rate cuts could support precious metals. Gold prices (XAU/USD) lost most of […]
Japan chooses ‘gold’ as kanji of the year in nod to Olympics glory – and slush fund politics | Japan
Kanji is relatives The word, which means gold or money, was chosen as Japan's word of the year, reflecting Japan's medal win at the Paris Olympics and the damaging financial scandal within the ruling party. A single character that can also be read as: Kane (Money) was unveiled this week at Kyoto's Kiyomizu-dera Temple, where […]
Gold Price Forecast: XAU/USD attracts some buyers to near $2,700, traders brace for Fed rate decision – FXStreet
Gold prices rebounded to around $2,690 in Friday's Asian session, up 42% on the day. Gold demand and geopolitical risks are likely to support gold prices. The Fed's cautious stance due to President Trump's tariff policy could put pressure on USD-denominated gold. Gold prices (XAU/USD) regained some ground during Friday's Asian trading hours to around […]
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 price in India: Rates on December 12 – FXStreet
Gold prices in India remained almost flat on Thursday, according to data compiled by FXStreet. Gold price was almost stable at INR 7,408.53 per gram compared to INR 7,414.59 on Wednesday. Gold prices were almost stable at Rs 86,411.06 per tola from Rs 86,481.71 per tola the previous day. unit measurement Gold price in INR […]
‘I deeply regret we did not do more’ for Gold Star families
Outgoing Secretary of State Antony Blinken says the Biden administration did not do more to protect the 13 U.S. service members killed by ISIS-K suicide bombers during the chaotic 2021 withdrawal from Afghanistan. expressed his remorse. “Today we especially think of the 13 heroes we lost at Abbeygate, and we remember that we did and […]
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 […]
Gold prices steady near $2,700 as geopolitics, CPI jitters spur safe haven demand – Investing.com
Investing.com — Gold prices stabilized near two-week highs in Asian trade on Wednesday as geopolitical instability in Asia and the Middle East supported safe-haven demand. The yellow metal also attracted some bids as markets turned risk-averse ahead of key US inflation data due later on Wednesday, which is likely to be factored into the interest […]
Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI – FXStreet
Rising US Treasury yields are supporting the US dollar and keeping the yellow metal in check ahead of the US CPI report. Gold prices (XAU/USD) extended its weekly uptrend for a third consecutive day on Wednesday, rising to a two-and-a-half week high during Asian trading. The product is currently looking to extend its momentum above […]