Silver (XAG) Forecast: Will Geopolitical Risks and Higher Gold Prices Drive Silver to $32.28? – FX Empire
Weekly Silver (XAG/USD)Whether silver can sustain its gains depends on a key weekly pivot at $30.44. A break above this level would indicate strong buying momentum, and the price is positioned to test the next resistance level at $32.275. A break above this level could send the market targeting a long-term high at $34.87. Conversely, […]
Gold (XAU) Price Forecast: Traders Eye $2,790 as Geopolitical Risks Remain Elevated – FX Empire
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Gold retains its bullish bias near one-week high amid rising geopolitical risks – FXStreet
Gold prices attracted buyers for the fourth day in a row, rising to their highest level in more than a week. Geopolitical risks stemming from the Russia-Ukraine conflict benefit the safe haven XAU/USD. Rising U.S. bond yields could support the U.S. dollar and provide a ceiling for the low-yielding yellow metal. Gold prices (XAU/USD) have […]
Gold price advances closer to $2,600 on geopolitical risks, subdued USD price action – FXStreet
Gold prices gained some positive traction on Monday, snapping a six-day losing streak. Geopolitical risks benefit safe-haven XAU/USD as USD demand weakens. The Fed's aggressive rate cuts and bets on higher Treasury yields will limit further gains. Gold prices (XAU/USD) have shaved off some of their modest intraday gains to remain below $2,600 heading into […]
‘Energy-Limited Resources’: Huge Swaths Of America Face Blackout Risks If Winter Is Bitter, Grid Watchdog Warns
Hundreds of millions of Americans are at risk of running out of power this winter if weather conditions are severe, according to a new report released by the North American Electric Reliability Council (NERC), an electricity grid watchdog. NERC report says nearly all residents of the Northeast, Texas, and Midwest could face energy shortages if […]
Biden sends out delegation to address national security risks of climate change
The White House has released a fact sheet on the Biden administration's efforts at this week's United Nations Global Climate Change Summit, detailing the work the U.S. delegation will undergo while attending. According to the US delegation, fact sheet, The climate conference in Azerbaijan will focus on three main pillars, one of which is addressing […]
Silver (XAG) Forecast: Eyes on 200-Day Moving Average as Downside Risks Grow – FX Empire
Daily US Treasury 10 Year YieldRising U.S. Treasury yields are also challenging silver's appeal. Despite the Fed's recent interest rate cuts, skepticism about extending dovish policy remains, especially given inflation expectations if fiscal policy stimulates economic activity. As yields rise, the opportunity cost of owning silver and other non-yielding assets increases, potentially discouraging investment unless […]
US fiscal health risks increase after Trump win: Moody’s
Ratings agency Moody's said the U.S.'s fiscal health is at higher risk given the election of Republican Donald Trump as the next president and the expected composition of Congress. U.S. budget deficits and government debt levels are expected to rise significantly under either candidate in the Nov. 5 election, according to multiple estimates, but Democrat […]
Stocks Waver on US Election Risks, Yen Advances: Markets Wrap – Yahoo Finance
(Bloomberg) — European stocks rose on a number of strong earnings results, while U.S. stock futures pointed to gains on Wall Street after Tesla Inc. reported surprising results. Most Read Articles on Bloomberg The Stoxx 600 rose 0.5%, supported by strong results from Barclays, Unilever and Hermès. Nasdaq 100 futures rose 0.7% and the stock […]
Seattle Cop Risks Life to Save Injured Man from Oncoming Train
Heart-pounding video shows a police officer narrowly saving a man in Seattle, Washington on October 7th. When officers responded to a mental health crisis call about a 57-year-old man sitting on the railroad tracks near the Second Avenue exit and East Jackson Street, they knew they had a moment to kill, King said. 5 reported […]