The industrial metals continue to slide into the end of the week, analysts at TD Securities say. Market unwinds its long positions on industrial metals “With...
Silver prices have fallen aggressively during the last six days, with losses of more than 7%. Momentum supports further downside as RSI turned bearish. Key support...
Silver recovers to $29.74, up from $29.14 low, yet remains under the $30.00 threshold. Double top pattern hints at possible further declines; first support seen at...
Gold trims some of last week’s losses, posts gains of over 0.50% despite USD strength. US Nonfarm Payrolls report shows resilient labor market with 272,000 jobs...
Gold falls to multi-week low after US labor market data exceeds expectations. China’s People’s Bank halts 18-month Gold buying spree, exerts downward pressure on XAU/USD. US...
Gold climbs 0.54% and reaches a two-week high of $2,378. Higher-than-expected US jobless claims weaken US Dollar and stabilize Treasury yields. Traders focus on upcoming Nonfarm...
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $30.29 per troy ounce, up 0.96% from the $30.00 it cost on Wednesday....
Gold price is gaining 1.18% amid mixed US economic data and lower Treasury yields. US 10-year Treasury yield drops to lowest level since April, following a...
Gold drops 0.90% as commodities face widespread pressure. US Treasury yields fall seven basis points, but the Greenback gains marginally, with the DXY up 0.04% to...
Gold climbs over 0.80% after hitting a daily low of $2,314. Mixed US economic data and stable PCE inflation raise hopes for Fed rate cuts. US...
Gold falls 0.87%, pressured by climbing US Treasury yields. Fed Governor Neel Kashkari’s hawkish remarks underpin US yields, US Dollar. Upcoming PCE inflation data will play...
Gold price declines for third straight day, now at $2,332, down from high of $2,383. Strong US economic data boosts Treasury yields and US Dollar, impacting...
Silver is up 0.47%, just below Monday’s eight-year high of $32.51. Strong upward momentum continues; RSI suggests further gains possible despite overbought conditions. Resistance levels at...
Gold jumps 0.97% after US producer price data shows higher-than-expected inflation. Despite a spike, Treasury yields reversed to 4.445%, weakening Greenback and boosting Gold. Powell’s waning...
Gold falls 1%, retreating from $2,350, despite typically supportive lower US Treasury yields. US economic events, including inflation data and a speech by Fed Chair Powell,...
Silver retreats from a three-week high reached at $28.74. Momentum favors bulls in the medium term; but shooting star looming paves the way for a retracement....
Gold rebounds from daily lows, propelled by a sharp drop in US consumer sentiment and future economic outlook. High US Treasury yields weren’t an excuse for...
Gold rebounds above $2,330, fueled by drop in US Treasury yields, weaker Greenback. Unemployment claims increase, which pressures Fed to achieve its dual mandate goals and...
Silver drops in late trading, impacted by a strong US Dollar and falling Treasury yields. Remains technically bullish, trading within key Fibonacci levels from $24.33 to...
Silver dips to $26.54, down 0.43%; ‘dragonfly doji’ hints at possible uptrend. Finds support at 61.8% Fibonacci level ($26.41); crossing $27.00 could boost bullish momentum. Downside...