Gold price trimmed earlier gains after reaching a daily high of $3,761 on Thursday, following the release of a US jobs report that showed signs of strength, contrary to the main reason for cutting rates last week. Also, traders are eyeing the release of inflation data on Friday.
Gold (XAU/USD) steadies on Thursday, recovering from the previous day’s corrective pullback as markets gear up for a busy US economic calendar.
Gold is regaining some of the ground lost on Tuesday.
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
TradingKey - Since the Federal Reserve announced a 25-basis-point rate cut last week, market sentiment on future easing has turned divergent, with several Fed officials recently tempering expectations
TradingKey - The Trump administration’s pledge to boost U.S. crude output and lower oil prices is drawing fierce backlash from American shale producers. WTI crude has fallen 18% from its January peak
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.55 during the Asian trading hours on Thursday. The WTI edges higher due to an unexpected fall in US crude inventories and fears that Ukrainian strikes on Russian energy facilities might threaten supply.
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $64.60 per barrel, down from Wednesday’s close at $64.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.28 after its previous daily close at $68.37.
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) price turns negatively on Wednesday after rallying for three consecutive trading days, which pushed the yellow metal to a record high at $3,791, before retreating somewhat as investors digest Federal Resever (Fed) Chair Jerome Powell's comments, which seem to pour cold water on rate c
West Texas Intermediate (WTI) Crude Oil extends its rebound for the second straight day on Wednesday, recovering from its weakest level in nearly two weeks, hit earlier on Monday.
Gold (XAU/USD) is treading water on Wednesday, pausing its record-breaking run after peaking at $3,791 on the previous day.
TradingKey - On Tuesday (U.S. Eastern Time), gold hit a record high of $3,790.82 per ounce, before pulling back slightly to $3,765 per ounce as of this report.Analysts attribute the surge to rising ex
Gold is trading with moderate losses on Wednesday, snapping a three-day winning streak amid a somewhat firmer US Dollar.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $63.40 per barrel, down from Tuesday’s close at $63.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.06 after its previous daily close at $67.25.
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.
The Gold price (XAU/USD) holds steady near $3,760 after retreating from an all-time high of $3,791 during the early Asian session on Wednesday. Rising expectations of further US rate cuts and safe-haven flows provide some support to the precious metal.
Gold price climbs during the North American session on Tuesday, up by 0.73% after reaching a record high at $3,791 following the release of US economic data and Federal Reserve (Fed) Chair Jerome Powell's speech.
Gold (XAU/USD) pushes deeper into uncharted territory on Tuesday, climbing to another record high as expectations for further Federal Reserve (Fed) interest rate cuts and lingering geopolitical risks underpin steady safe-haven demand.
Gold continues to march higher on Tuesday, reaching fresh all-time highs and nearing $3,800 after appreciating more than $140 over the last three trading days.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.85 during the early European trading hours on Tuesday. The WTI slumps amid heightened concerns over oversupply after Iraq and the Kurdish regional governments have reached a deal to restart an oil pipeline.
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.83 per barrel, down from Monday’s close at $62.28.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.62 after its previous daily close at $66.09.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
The Gold price (XAU/USD) gains momentum to near an all-time high of around $3,750 during the early Asian session on Tuesday. Growing expectations of further US Federal Reserve (Fed) rate cuts and persistent safe-haven demand amid political uncertainty underpin the precious metal.
Gold price hit a fresh all-time high at $3,747 on Monday and appears poised to test higher prices as the US Dollar slumps, with traders anticipating further easing by the Federal Reserve (Fed) later this year. XAU/USD trades above $3,745, up more than 1.60%.
West Texas Intermediate (WTI) Crude Oil pares some of its early losses on Monday, trading around $62.25 after slipping to an intraday low of $61.57.